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).
Bolivia: Introduction. Bolivia is a landlocked country in South America that borders the countries of Argentina, Brazil, Chile, Paraguay, and Peru. Bolivia is located in the rugged Andes Mountain with highland plateau and lowland plains of the Amazon basin.Bolivia shares control of Lago Titicaca, the worldâs highest navigable lake.The government system is a republic; the new constitution defines Bolivia as a âSocial Unitarian Stateâ. The chief of state and head of government is the President.olivia shares control of Lago Titicaca, the worldâs highest navigable lake. The government system is a republic; the new constitution defines Bolivia as a âSocial Unitarian Stateâ. The chief of state and head of government is the President.