5. Cost estimation methods
5.1 Parametric method
5.1.1 Different parametric models
Parametric methods are costing methods based on knowledge of a certain number of physical characteristics or parameters, such as mass, volume, input-output number, etc. These parametric methods make it possible to establish the link between the technical or physical characteristics of a product and its cost, via mathematical and logical relationships. These parametric methods make it possible to establish the link between a product's...
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Cost estimation methods
Conclusion
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