| 145. Cost/Benefit Analysis is a relatively simple and widely used technique for deciding whether to make a change. As its name suggests, to use the technique simply add up the value of the benefits of a course of action, and subtract the costs associated with it.Costs are either one-off, or may be ongoing. Benefits are most often received over time. We build this effect of time into our analysis by calculating a payback period. This is the time it takes for the benefits of a change to repay its costs | Selection and decision-making criteria for a Distributed Control Systems in the process industry - Results |
| Count | Percent | Response |
| 85 | 47,75% | I Use this |
| 83 | 46,63% | I Know this |
| 10 | 5,62% | I Don't know this |