Cost Estimating - Ship Design and Construction

Abstract

Prepared for The University of Michigan's Engineering Summer Conference on Economics in Ship Design, June 8-12, 1970, Ann Arbor, Michigan.&&The shipbuilder has to be involved in cost effectiveness studies because he needs to maintain his market share in the transportation area and because he is logically the best source of the data needed for the inputs to the initial investment cost. By becoming involved, the shipbuilder will be better able to improve his methods and processes of construction, and incorporate design simplifications and improved materials. As he develops expertise in this area, it is logical to assume that prospective owners will seek his assistance.