Question 6 The results of cost estimating can be used to ser

Question 6 The results of cost estimating can be used to serve all of the following objectives, except A. Benchmarking of a firm\'s productivity improvements B. Evaluating the optimal capital required to make improvements to products (product design) C. Cost estimating doesn\'t really make sense to engineers. It is the responsibility of accountants. D. Setting selling prices in evaluating engineering contract projects E. None of the above

Solution

Solution: Cost estimating doesn\'t really make sense to engineers. It is the responsibility of accountants

Explanation: Cost estimation is important to accountants as well as engineers. It is is important to engineers as almost everyone has a budget they need to meet for a project and cost estimating delivers early awareness of costs associated with engineering decisions