Question: Match the terms below: Question 15 options: Parametric Bottom-up Variable costs Analogous Capital costs 1. a cost estimating tool that uses CERs and algorithms (logic)
Match the terms below: Question 15 options: Parametric Bottom-up Variable costs Analogous Capital costs 1. a cost estimating tool that uses CERs and algorithms (logic) 2. costs for assets that have a useful life of 1 year or more 3. the most accurate, the most expensive, and the most time-consuming cost estimating tool 4. one of the least expensive techniques for estimating costs 5. costs that change directly in proportion to the level of production
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