The annual cost and an effectiveness measure of items salvaged per year for four mutually exclusive, service sector alternatives have been collected. Calculate (a) the cost-effectiveness ratio (CER) for each alternative, and (b) use the CER to identify the best alternative. Alternative Cost C, $/Year Salvaged Items/Year, E W 355 20 X 208 17 Y 660 41 Z 102 7

Information Technology Project Management
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Chapter7: Project Cost Management
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The annual cost and an effectiveness measure of items salvaged per year for four mutually exclusive, service sector
alternatives have been collected. Calculate (a) the cost-effectiveness ratio (CER) for each alternative, and (b) use the CER
to identify the best alternative.
Alternative Cost C, $/Year Salvaged Items/Year, E
W
355
20
X
208
17
Y
660
41
Z
102
7
Transcribed Image Text:The annual cost and an effectiveness measure of items salvaged per year for four mutually exclusive, service sector alternatives have been collected. Calculate (a) the cost-effectiveness ratio (CER) for each alternative, and (b) use the CER to identify the best alternative. Alternative Cost C, $/Year Salvaged Items/Year, E W 355 20 X 208 17 Y 660 41 Z 102 7
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