PDF Presentation - faculty.ait.ac.th - Asian Institute of Technology
PDF Presentation - faculty.ait.ac.th - Asian Institute of Technology
PDF Presentation - faculty.ait.ac.th - Asian Institute of Technology
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Option Evaluation by Weighted Sum Me<strong>th</strong>od<br />
Criteria Weight<br />
Option Rating (R)<br />
#1 Option #2 Option #3 Option #4 Option #5 Option<br />
R R*W R R*W R R*W R R*W R R*W<br />
Reduction in treatment/disposal costs 8 7 56 7 56 5 40 2 16 2 16<br />
Reduction <strong>of</strong> Input material costs 4 8 32 6 24 8 32 4 16 4 16<br />
Extent <strong>of</strong> current use in Industry 5 8 40 8 40 7 35 7 35 7 35<br />
Effect on Product quality (no effect=10) 10 9 90 9 90 2 20 8 80 8 80<br />
Low capital cost 5 2 10 5 25 4 20 7 35 8 40<br />
Low O and M cost 5 5 25 6 30 5 25 8 40 8 40<br />
Short Implementation period 8 3 24 5 40 3 24 7 56 8 64<br />
Ease <strong>of</strong> Implementation 7 3 21 6 42 5 35 7 49 8 56<br />
Reduction in Energy Bills 9 5 45 9 81 5 45 10 90 10 90<br />
Improvement in OHS 7 10 70 3 21 10 70 2 14 2 14<br />
Final<br />
Evaluation<br />
Sum <strong>of</strong> Weighted Ratings Σ (W*R) 413 449 346 431 451<br />
Option Ranking 4 2 5 3 1<br />
Feasibility Analysis Scheduled for (Date)
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