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The Air Force is in process of completing development on an upgrade to an existing fighter aircraft that will improve survivability and reliability. The contractor has provided the Government with detailed technical drawings and associated costs of the parts, materials, and labor required to produce the system. What cost estimating technique would the Air Force most likely use to prepare their budget estimate for the upgrade?

a. Actual Cost
b. Analogy
c. Parametric
d. Engineering

Respuesta :

Answer:

The correct answer is letter "D": Engineering.

Explanation:

Cost engineering is an estimating technique company develops while dealing with complex projects. Usually, a budget is required when implementing new technological equipment or a device that might improve another machine. It includes the costs of procurement, manufacturing, and the final assembly.