Accession Number : AD0712463

Title :   A REVIEW AND ANALYSIS OF STATISTICAL COST ESTIMATING RELATIONSHIPS.

Descriptive Note : Master's thesis,

Corporate Author : NAVAL POSTGRADUATE SCHOOL MONTEREY CALIF

Personal Author(s) : Carter,Marshall Nichols

Report Date : APR 1970

Pagination or Media Count : 43

Abstract : Statistical cost estimating relationships (CER) are used by cost analysts for estimating future systems costs before the costs are incurred. A sample of published studies concerning CER's is reviewed and analyzed and a general prognosis of the techniques involved is presented. Some currently used alternatives to CER's are discussed and methods of improving cost estimating relationships are examined. Major conclusions are that the technique of estimating costs through statistical relationships is sound but that improvements can be realized in certain areas. (Author)

Descriptors :   (*OPERATIONS RESEARCH, COST EFFECTIVENESS), (*WEAPON SYSTEMS, GOVERNMENT PROCUREMENT), (*COSTS, MATHEMATICAL PREDICTION), REGRESSION ANALYSIS, MONTE CARLO METHOD, CONTRACTS, SAMPLING, DECISION THEORY, SIMULATION, THESES

Subject Categories : Operations Research

Distribution Statement : APPROVED FOR PUBLIC RELEASE