2011-2012 University Catalog 
  
  Catalog Home
  About George Mason University
  Admission
  Tuition, Expenses, and Financial Aid
  School of Law
  Academic Policies
  Student Rights and Responsibilities
  General Policies
  Schedule of Classes
  University Academic Programs and Resources
  Transcript Key
  University General Education
  School for Conflict Analysis and Resolution
  College of Education and Human Development
  College of Health and Human Services
  College of Humanities and Social Sciences
  Krasnow Institute for Advanced Study
  School of Management
  School of Public Policy
  College of Science
  College of Visual and Performing Arts
  Volgenau School of Engineering
  Programs of Study
  Programs by Department
  Bachelor's/Accelerated Master's Programs
  Courses
  Administration and Faculty
HELP
2011-2012 University Catalog

OR 651 - Military Operations Research I: Cost Analysis

Credits: 3 (NR)
While drawing on other disciplines (managerial accounting, econometrics, systems analysis), cost analysis uses operations research to assist decision makers in choosing preferred future courses of action by evaluating selected alternatives on the basis of their costs, benefits, and risks. Cost analysis is distinctly different from cost estimating in that projecting future courses of action almost always requires mathematical modeling. Topics include analysis overview, economic analysis, estimating relationships (factors, simple and complex models), acquiring and verifying cost data, cost progress curves, life-cycle costing, scheduling estimating, effectiveness and risk estimation, relationship of effectiveness models and measures to cost analysis.

Corequisite(s): OR 541 or 542.

Hours of Lecture or Seminar per week: 3
Hours of Lab or Studio per week: 0
When Offered: Spring