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).
Touring Chapisirca in Bolivia. Advertising Chapisirca in the region of Cochabamba is located in Bolivia - some 143 mi (or 229 km) North-West of Sucre, the country's capital city. Time in Chapisirca is now 09:40 AM (Tuesday). The local timezone is named America / La Paz with an UTC offset of -4 hours.