Parametric Cost Model for Ground Vehicles
ARMY TANK-AUTOMOTIVE COMMAND WARREN MI
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A model is being developed to facilitate quick, detailed cost estimates for ground vehicles. This model will contain a logic structure to catalog the particular equipment being costed in broad categories, each of which will have its own parametric relationship. The model will also involve a feedback module that will compare predicted costs with actual costs to test the model accuracy and update the cost estimating relationships when the accuracy of the model falls below a threshold value.
- Economics and Cost Analysis