Roadmap to the E-Factory

164 Roadmap to the e-Factory

with greater levels in an evaluation scheme, there can be greater differenti-

ation in an evaluation but greater effort may be required to assess or to

conclude on the time value of each solution set. With fewer levels, there

may be fewer shades of gray distinguishable in the evaluation, but the time

value assessment may be easier. This table merely serves as documentation

of the scheme used.

Solution Set Evaluation Table

A composite total value of a candidate solution set can be created from the

product of the requirements value, cost value, and time value as defined in

the following equation:

Total value = Requirements value ...