Cost Estimating and Analysis: Balancing Technology and by O. Douglas Moses (auth.), Thomas R. Gulledge, William P.

By O. Douglas Moses (auth.), Thomas R. Gulledge, William P. Hutzler, Joan S. Lovelace (eds.)

Cost research and estimating is an important a part of the operating of all companies, either advertisement and govt. This quantity includes the lawsuits of the 1992 convention of the Society for rate Estimating and research. person chapters are written by way of specialists of their respective fields. for this reason, the amount as a complete presents a useful and up to date survey of the field.

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Thus this model explores Killingsworth's [12] "investment in training" model of the life cycle. The model in [19] leads to a time path of production rate which always increases. This contrasts with the observed timepath of production rate on many made-to-order production programs. The model in [9] permits production rate to increase early in the program and then to level off to a constant production rate, thus conforming more closely to the timepaths observed in many made-to-oorder production programs.

As a block-by-block procurement Tool, IRATE can measure the slope changes with every change of the production or procurement rate. The model will also measure program-end "toeup" conditions. EER has programmed the model in several spreadsheet apllications. We have found the tool to be very handy for adjusting a known CIC slope at a given production rate, to a new CIC slope ata new production rate. It is also a means for determining a CIC slope on a new system when there are no analoous programs for comparison.

Learning by Experiene as Joint Production," Quarterly Journal of Economics, Vol. 86 (1972), 366-382. [17] Towill, Denis R. "Management Systems Applications of Learning Curves and Progress Functions," Engineering Costs and Production Economics, Vol. 9 (1985), 369-383. [18] Venezia, Itzhak. "On the Statistical Origins of the Learning Curve," European Journal of Operational Research, Vol. 19 (1985), 191-200. [19J Womer, Norman Keith. "Learning Curves, Production Rate, Management Science, Vol. 25 (1979), 312-319.

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