Replacement Analysis
Cost Concept
Why does production have a cost? because.... Scarcity Inputs are scarce. They have opportunity costs.
Educational Reform The Role of Incentives and Choice.
CHAPTER 2
Chapter 2 Engineering Costs and Cost Estimating. Chapter Outline Engineering Costs Cost Estimating and Estimating Models.
Engineering Costs and Cost Estimating. Manufacturing Cost Structure Direct Materials Direct Labor Direct Labor: Cost of all “hands-on” effort required.
