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George Mason University

2016-2017 University Catalog

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2016-2017 University Catalog

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OR 651 - Military Operations Research I: Cost Analysis

Credits: 3
Not Repeatable for Credit
Offered by Systems Engineering and Operations Research

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.

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

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OR 651 - Military Operations Research I: Cost Analysis