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This article focuses on the products defined by dimensions and tolerances, made from solid materials, and fabricated by some manufacturing process. It describes three methods of cost estimations: parametric methods, empirical methods, and the complexity theory. The article presents an example to illustrate the parametric cost estimation of aircraft. An example to illustrate the cost estimation of sheet metal and riveted parts is also provided.

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David P. Hoult, C. Lawrence Meador, Manufacturing Cost Estimating, Metals Process Simulation, Vol 22B, ASM Handbook, Edited By D.U. Furrer, S.L. Semiatin, ASM International, 2010, p 640–646,

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