| Course Number: OMGT 5433 |
| Cost Estimation Models |
| An examination of the methodologies for estimating and forecasting manufacturing costs. Types of cost recovery systems, work progress functions, production improvement curves, determination of hourly rates, parametric estimating systems, and the development of software for computer-assisted estimating systems. (Same as INEG 5433.) Prerequisite: INEG 3413 or consent. |
| Textbook: Cost Analysis and Estimating for Engineering and Management, Phillip F. Ostwald and T.S. McLaren, Pearson/Prentice-Hall, 0-13-142127-1 |
