All four methods produce estimates of amounts of fixed and variable costs. The ultimate goal of cost estimation is to determine the amount of fixed and variable costs to create a cost formula to be used to predict future costs. The cost formula, or cost equation, is the output of the cost estimation process.
Official logo of the GRULAC. The Latin American and Caribbean Group (GRULAC: Group of Latin America and Caribbean Countries) is a United Nations Regional Group gathering all the Latin American and Caribbean states (17% of all UN members).
With an estimated 789,541 residents as of 2015, La Paz is the third-most populous city in Bolivia (after Santa Cruz de la Sierra and El Alto). Its metropolitan area, which is formed by La Paz, El Alto and Viacha, makes up the most populous urban area in Bolivia, with a population of 2.3 million.