Description
CON370 uses a scenario-based approach to lead students to a deeper understanding of defense acquisition policy; the factors effecting price comparability; and quantitative analysis techniques. Topics include: selected areas of business microeconomics; interpreting and shaping regulatory policy; data normalization; forecasting techniques; Monte Carlo risk analysis; simple linear, nonlinear, and multivariate regression techniques; and cost improvement curve methodologies such as the unit and cumulative average formulations, and dealing with breaks in production.
Prerequisites(s):
- CON 270, Intermediate Cost and Price Analysis
Predecessor Course(s):
- CON 235, Advanced Contract Pricing
Course Length: 9.5 class days
Notes:
- Participants must be familiar with a scientific calculator.
- Pre-work required (approx. 7 hours) / Walk-ins NOT authorized