Which of the following estimation methods estimates cost functions by analyzing the relationship between inputs and outputs in physical terms?
A)Industrial Engineering Method.
B)Conference Method.
C)Account Analysis Method.
D)Quantitative Analysis Method.
E)Mixed Approach Method.

Question

Quizplus · Accepted Answer

The Industrial Engineering Method estimates cost functions by analyzing the relationship between inputs and outputs in physical terms, such as the amount of labor hours, materials, or equipment needed to produce a certain output.

Which of the Following Estimation Methods Estimates Cost Functions by Analyzing