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Q: Scientists must evaluate a solution to ensure that the benefits will not outweigh the costs?
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What process is used to determine if the benefits caused by mitigation exceed the costs of the solution?

benefit/cost analysis


What are the six phases in decision making in entrepreneurship?

Define Problem Statement Generate Multiple SolutionsAvoid premature decisionsGenerate Problem Solutions Define evaluation criteria for all solutions.evaluate Advantages & dis advantages for each solution.Select Best SolutionIdeas to Action (Select Action/Solution) Involve key participationGain AcceptanceCommitment for solution to work.Solution Action Planning (Agreement) Post Implement Analysis.EvaluationLessons LearnedSolution Evaluation Planning Evaluate how well the problem was solved.Evaluation of outcome and process


Describe three commoly methods for performing economic cost -benefit analysis?

There are three popular techniques for assessing cost-benefit analysis or economic feasibility.· Payback analysis technique is a simple and popular method for determining if and when an investment will pay for itself. Because system development costs are incurred before benefits are accrue, it will take some time for the benefits to overtake accrued and continuing cost.· Return-on-investment (ROI) analysis is a technique that compares the lifetime profitability of alternative solutions or projects. The ROI for a solution or project is a percentage rate that measures the relationship between the amount the business gets back from an investment and the amount invested. The lifetime ROI for a potential solution or project is calculated as follows:Lifetime ROI = (Estimated lifetime benefits - Estimated Lifetime Costs) / Estimated lifetime costs· Net Present Value is an analysis technique that compares the annual discounted costs and benefits of alternative solutions.


Definition of basic feasible solution?

feasible solution


What is the solution of import export imbalanced in the Philippines?

the solution is lets be united

Related questions

What does litumas do?

If you think to litmus, this is used to evaluate the pH of a solution.


How do you determine basicity?

Measuring the pH it is possible to evaluate the basicity of a solution.


What are the four steps in a rational decision making model?

1. identify the problem or opportunity. 2. generate alternative solutions 3. evaluate alternatives and select a solution. 4. implement and evaluate the solution chosen.


What uses are there for litmus paper?

The litmus paper is used to evaluate the pH of a solution.


What do scientists propose and test to arrive at a solution?

a hypothesis


Why do scientists use stirbars in the laboratory?

to agitate the solution


What are the benefits of Human Resources Solution?

There are many benefits of using a Human Resources Solution. They can provide, and maintain medical and pension benefits to employees. Many offer Payroll solutions as well.


Why1.2 percent water solution of potassium chloride used in UV calibration?

The solution of potassium chloride is used to evaluate the stray light.


Can you use eye irrigating solution eye-wash for normal saline solution for wound care?

for minior injuris an opthamologist should evaluate you


What kind of instrument might a scientist use to solve a math problem?

Scientists will generally use their brains to solve math or other problems. Once they have established the mathematical formula to be solved, they would use a computer or (scientific) calculator to evaluate the math problem and get a solution.


Is there any benefits from plane Lr solution?

tangerine


How do you determine whether a number is a solution of an equation?

Substitute the value found back into the equation, evaluate the expressions and see if the resulting equation is true.