THE QUANTITY VERSUS THE QUALITY OF THE DATA USED IN THE DERIVATION OF A COST ESTIMATING RELATIONSHIP.

Abstract

Trade-offs on how a cost analyst might best allocate his time between collecting data on additional programs and analyzing in further detail the data already in his possession are presented. The measure of the cost analyst's productivity is the reduction in the confidence bandwidth about the cost estimate.

Document Details

Document Type
Technical Report
Publication Date
Sep 01, 1969
Accession Number
AD0699131

Entities

People

  • Morris Zusman

Organizations

  • Institute for Defense Analyses

Tags

DTIC Thesaurus Topics

  • Bandwidth
  • Cost Estimates
  • Costs
  • Operations Research
  • Productivity

Readers

  • Life Cycle Cost Analysis