POED — A method of evaluating system performance

POED (Performance Organization for Evaluation and Decision) is an evaluation and decision technique which permits computing performance of a device, equipment, system or system complex; compares and scores this performance against requirements or value judgments representing users´ needs; and organizes results in a useful manner so that assessment of value is readily achieved. It is a basic ingredient for making decisions. POED permits comparing performance of dissimilar or competitive systems against several yardsticks representing different attributes of performance requirements. It also provides a means for determining sensitivity of a system to its constituents and for computing the confidence factor of results. Finally, POED provides a synthesis tool for optimizing systems in conceptual, design, operational, or retrofit stages.