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Project Management Question:

Suppose we have collected the following cost and performance data on rocket motors for missile propulsion systems.

Establish a cost estimating relationship (CER) between cost & thrust and establish a CER between cost & length.

Which one looks to be the better CER?

Cost ($)Thrust (pounds)Length (inches)
33,003 1,000 36
34,712 1,200 40
27,253 500 24
39,767 2,000 42
51,093 5,000 62
62,073 10,000 98
36,818 1,500 40
79,466 25,000 124
68,628 15,000 78

 

Project Management, Management Studies

  • Category:- Project Management
  • Reference No.:- M92760935

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