Author Question: Which cost estimation method uses time-and-motion studies to reveal that to make a high quality ... (Read 81 times)

Ebrown · **on:** Mar 6, 2021

Question 1

Which cost estimation method uses a formal statistical method such as regression analysis to develop cost functions based on past data?
◦ the cash accounting method
◦ the conference method
◦ the accrual accounting method
◦ the quantitative analysis method

Question 2

Which cost estimation method uses time-and-motion studies to reveal that to make a high quality men's suit jacket , it takes of 3 hours of direct labor effort per jacket and 5 minutes of a salaried manager to perform quality control?
◦ the accrual accounting method
◦ the high-low method
◦ the industrial engineering method
◦ the cash accounting method

ririgirl15 · **Reply #1 on:** Mar 6, 2021

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