All of the following are steps in the procedure for conducting a sensitivity analysis, except: (a) Determine

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All of the following are steps in the procedure for conducting a sensitivity analysis, except:

(a) Determine which parameters might vary from the most likely estimated value

(b) Change the parameters in the range of −100% to +100%

(c) Select a measure of worth

(d) Compute the results for each parameter using the measure of worth as a basis.

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Engineering Economy

ISBN: 978-0073523439

8th edition

Authors: Leland T. Blank, Anthony Tarquin

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