The technology readiness levels of cloud infrastructure and edge devices have increased significantly in recent years. This means that companies now have a growing number of computing environments at their disposal that could be suitable for the computing and control tasks involved in their production processes. Consequently, the need arises to select the best computing environment based on objective criteria and metrics. In order to create the basis for such a decision-making process, first an overview of the definitions and a comparison between edge and cloud environments is provided. Then a decision-making framework is derived that aims to facilitate this selection process. This is accomplished by providing a set of criteria that can be detailed to analyze a given use case. This analysis is then represented in a custom radar chart, which offers decision-makers a compact but meaningful representation of the decision space. Finally, the limits and future potentials of such a decision-making framework are discussed.