A trade study or trade-off study, also known as a figure of merit analysis or a factor of merit analysis, is the activity of a multidisciplinary team to identify the most balanced technical solutions among a set of proposed viable solutions (FAA 2006).

Properly conducted Trade Studies inform decisions by methodically framing the trade space and systematically evaluating alternatives. Objectivity throughout the process ensures that Trade Study recommendations are evidence-based and defensible, and can be used with confidence. When to Conduct a Trade Study?

Nov 2, 2004 · The process modeled herein describes the steps for performing and documenting a trade study (trade-off study), developing products for the Decision-Making Authority (DMA), and guidelines in tailoring the study to meet the needs of the program.

Trade studies are decision-making activities used to identify the most acceptable tech-nical solution among a set of proposed solutions. By nature, all decisions are subjec-tive and involve risks. Trade studies provide an effective means for addressing this by documenting the decision-making process to enable traceability and repeatability.

A trade study or trade-off study is the activity of a multidisciplinary team to identify the most balanced technical solutions among a set of proposed viable solutions (System Engineering Manual, Federal Aviation Administration, 2006).

Feb 10, 2024 · A Trade Study is a decision-making study that identifies a preferred solution from a list of qualified solutions. The trade study will examine these solutions against criteria such as cost, schedule, performance, weight, system configuration, complexity, the use of Commercial Off-the-shelf (COTS) , and many others.

Dec 16, 2016 · Trade-off studies, also referred to as trade studies, are an effective method for choosing rationally among alternatives. Trade-off studies involve computation of multiple evaluation criteria in parallel for several alternatives simultaneously.

Trade (off) Study “A system engineering element that multidisciplinary teams use to identify the most balanced technical solutions among a set of proposed viable solutions.” • Desirable and practical alternatives that meet cost and effectiveness measures are identified • Most balanced technical solution (cost, schedule, quality, risk) from

Trade-off studies are carried out to optimize a system with respect to technical and economic factors. R&M are of equal importance to other parameters (e.g. cost, time, performance) and should not be sacrificed for short term gain.

A trade study, also known as a trade-off analysis, is a method for making a decision between competing alternatives. Although informal trade studies are performed frequently by simply weighing alternatives mentally and making a decision, formal trade studies are helpful in refining and solidifying thoughts and in removing bias from the decision.