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CON 370 Advanced Cost and Price Analysis

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

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