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 |