A COMPUTERIZED TECHNIQUE TO EXPRESS UNCERTAINTY IN ADVANCED SYSTEM COST ESTIMATES
- 1 November 1965
- report
- Published by Defense Technical Information Center (DTIC)
Abstract
The technique described presents a method to express uncertainty quantitatively in advanced system cost estimates. In particular, the technique suggests the employment of subjective probability distributions, which describe the uncertainty in each system element, to determine an approximate distribution for total system cost. A 7090 program was written to perform the computational operations.Keywords
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