Accession Number : AD0738859

Title :   Improved Cost Estimating Techniques.

Descriptive Note : Final rept.

Corporate Author : LOGISTICS MANAGEMENT INST WASHINGTON D C

Report Date : DEC 1970

Pagination or Media Count : 40

Abstract : Cost estimating, as used in this report, is the technique of forecasting how much the Government will pay for future development and acquisition of hardware, such as for an aircraft, a ship, a tank, or components and parts. Three approaches to cost estimating are briefly described: analogy, parametric, and engineering.

Descriptors :   (*MANAGEMENT ENGINEERING, LOGISTICS), (*COSTS, MATHEMATICAL PREDICTION), STATISTICAL PROCESSES, CORRELATION TECHNIQUES, GOVERNMENT PROCUREMENT, FACTOR ANALYSIS, DATA PROCESSING, PROBLEM SOLVING

Subject Categories : Administration and Management

Distribution Statement : APPROVED FOR PUBLIC RELEASE