COST ESTIMATION

ABSTRACTS

TOPICS

• The Integration of Process and Cost Modeling-A Powerful Tool for Business Planning - Abstract: Recent developments in modeling can eliminate much experimental laboratory work and can provide quick answers in a more cost-effective manner. This article presents a brief outline of technical cost modeling, a combination of physical modeling and cost modeling, which may be used to the mutual benefit of both the managerial decision makers and the R&D community within the materials processing field.