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System, method and program to estimate cost of a product and/or service

  • US 20060080264A1
  • Filed: 10/08/2004
  • Published: 04/13/2006
  • Est. Priority Date: 10/08/2004
  • Status: Active Grant
First Claim
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1. A method for estimating the cost of a product and/or service, said product and/or service comprising a multiplicity of components, said method comprising:

  • identifying one or more first components with no cost dependencies;

    determining one or more second components whose costs depend on the cost of said one or more first components;

    determining one or more third components whose costs depend on said one or more second components;

    determining one or more fourth components whose costs depend on said one or more third components;

    for each of said second, third and fourth components, determining an initial weight based on and greater than a weight of the respective first, second or third component from which the cost of said second, third and fourth component depends;

    for each of said third components which is one of said second components, increasing the weight of said each third component based on the weight of the second component from which the cost of said each third component depends; and

    for each of said fourth components which is one of said third components, increasing the weight of said each fourth component based on the weight of the third component from which the cost of said each fourth component depends.

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