Trade-off - Evaluation & decision process

Q.  How is the trade-off specified in the commercial aspect especially in the process of evaluation and decision?
- Published on 24 Sep 15

a. By systematic approach of decision
b. By process flowchart trade-off
c. By trade study tree
d. All of the above

ANSWER: All of the above
 

    Discussion

  • Satyawati Patil   -Posted on 06 Oct 15
    The function of offering the trade-off between operational and engineering requirements is known as 'Evaluation & Decision'. The necessity of taking decisions throughout the entire phase specially depends on the design phase.

    As far as commercial aspect is concerned, several approaches can specify the trade-off which consists of systematic approach of decision,process flowchart of trade-off and the trade study tree.

    Generally,systematic approach is preferred to the greater extent for commercial trade-off. But, from the application point of view, tree approach is used in real technical world trade while the process flowchart is adopted for bridging purpose.

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