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1- A) Given the field development example reviewed within the class, complete the sensitivity analysis to analyze the impact of weighting factor of each objective
1- A) Given the field development example reviewed within the class, complete the sensitivity analysis to analyze the impact of weighting factor of each objective (the first two objectives, safety and NPV, were explained in the class. So you need to run the same analysis on the rest of 4 objectives). B) Identify and discuss the best alternative for each objective. Below is the value hierarchy of the objectives: ALTERNATIVES Location Values OBJECTIVES Normalized Wt. Factor Weight Factor 60 100 40 30 90 20 Attribute Safety Issues (0-10 Scale) NPV (USD million) IRR (%) Reserves Added (million STB) First Year Production (million STB) Risk (Probable NPV
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