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State (or select) the dependent variable (Y)
Will the CER be employed to estimate price, labor hours, cost, material cost, or some other measure of cost? Will the CER be employed to estimate net product cost or estimate the cost of one or more components? The improved the definition of the dependent variable, the simpler it will be to collect comparable data for the CER development.
The dependent variable is the cost to be estimated and it is choice based on the aim of the cost function. It might also be termed to as response variable.
Organizing (1) It is the establishment of the framework within which the required activities are to be performed and the designation of who should perform such activities. It inc
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1. Compute the predetermined overhead rate.
Once the credit information is accumulated the subsequent step is to analyze the gathered information and isolate those matters that may need further investigation. The factors whi
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