ISA Certified Automation Professional (CAP) program
Certified Automation Professionals (CAPs) are responsible for the direction, design, and deployment of systems and equipment for manufacturing and control systems.
A return on investment (ROI) ratio is used to evaluate the purchase price for an automation system and all other initial costs associated with the project against the accumulated cash inflows. What is the primary pitfall in using this ROI ratio to make a decision as to whether or not to invest in an automation project?
A. It fails to capture the qualitative benefits derived from automation systems.
B. It relies on vendor estimates of useful life.
C. It ignores equipment reliability and system maintainability costs.
D. It ignores the time value of money.
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