Applying Decision-Making Techniques For Feasibility Analysis For Diaper Production Factory

Abstract

The main purpose of the study is to profoundly analyze the viability of opening up a diaper factory in Qatar. Qatar has shown substantial amount of progress over the years and have shifted successfully to knowledge-based economy. However, recent blockade against Qatar created challenges for the government and residents in gaining accessibility to necessary products which were being imported from other countries. Therefore, the main motivation behind analyzing diaper factory in Qatar is self-sufficiency as Qatar imports diapers currently. In addition, different techniques have been used in the study for analyses and determining location which is most feasible for the project. Industrial area was chosen as a location for the factory as it was most suitable. Referring to the population across the world, the diaper industry has been reluctant to follow the trends and increase the feasibility of the core product. Since diapers are in expansible as well as fall in the preference products, which makes it near to being inelastic with respect to the price. The research design is purely conclusive which means it has two segments to be divided into descriptive and causal. Descriptive researches describe the phenomenon or elaborating more on different variables of the respective study. Such researches are conducted in order illuminate more a particular issue or to drive a conclusion on the validity of the study.