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When using cost - benefit analysis, sometimes you are still undecided after comparing the dollar value of total costs to the dollar value of total
When using costbenefit analysis, sometimes you are still undecided after comparing the dollar value of total costs to the dollar value of total benefits.
Which of these actions would be best to do next?
a
Recheck your calculations, and make a decision based on the monetary totals for costs and benefits.
b
Rework the problem and items listed as costs and benefits, then recalculate the difference in monetary value between benefits and costs.
c
Consider the costs and benefits that do not have a monetary value assigned, as well as your own experience, and other relevant factors in making the decision.
d
Find new monetary values for the benefits and costs until you have a clear decision, even if they may be less accurate.
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