how to calculate cost estimate for ships and what is the estimation procedure?

Answer by  Momof3boys (83)

I heard that some ships have their cost estimated by the ton. Supposedly the class of ship is the first indicator. A first of class ship is going to cost several million more than a third class of ship. This is the type of subject that needs lots of research.

Answer by  ClaudiaD (136)

The Navy calculates their new ship cost estimates using labor, materials, equipment to be used, program overhead, class of ship being purchased or built, number of units built or being purchased, subcontracts (if any), leased labor (if any). Most feel that the Navy overestimates quite frequently so it is guesswork.

Answer by  BigMomma2 (132)

Are you asking how to calculate cost estimates for purchasing a ship or are you asking what the procedure is to estimate costs for leasing a ship to ship consumer goods or personal goods? Just like with many large dollar purchases more information is needed in order for good answer.