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OPERATIONS RESEARCH NOTES
| Institution | UNIVERSITY |
| Course | OPERATIONS RESEARCH |
| Year | 1st Year |
| Semester | Unknown |
| Posted By | Rose Oloo |
| File Type | |
| Pages | 308 Pages |
| File Size | 3.7 MB |
| Views | 3201 |
| Downloads | 0 |
| Price: |
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Description
Operations Research has gained wider acclaim in the modern complex business world. For every complex problem of an industry today, well defined Operations Research tools are the solace.
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Estimating and Costing Module 3
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For all engineering works it is required to know beforehand the probable cost of construction known as estimated cost. If the estimated cost is greater than the money available then attempts are made to reduce the cost by reducing the work or by changing the specifications. In preparing the estimate, the quantities of different items are calculated by simple maturation method and from these quantities the cost
is calculated.
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