Qualitative and quantitative analysis in comparing prospective CWCs
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Date
2015-07
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International Journal of Innovation Research & Development
Abstract
Qualitative analysis either involves traditional deductive logic beginning with assumptions and carefully deducing an outcome from them, or, a holistic approach in which all the factors and criteria involved are laid out in advance in a hierarchy or in a network system that allows for dependencies. Quantitative analysis involves estimating Life Cycle Costs to arrive at an economic equitable assessment of competing design alternatives considering total expenditures over its-entire economic life. The paper applies ualitative and Quantitative concepts to choose prospective designs of two configurations of the CWC i.e, the Vertical and the Horizontal orientations. Solutions are proposed to evaluate overall performance of the CWC.
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Keywords
Circulating Water Channel, CWC, Decision making, Life cycle cost, Failure Modes and Effect Analysis, FMEA, Multiple Criteria Decision Making, MCDM, Failure Modes, Effects and Criticality Analysis