The Order of Magnitude Cost Estimate Is Used When

question 98

Multiple Choice

The order of magnitude cost estimate is used when:

• A)Ballpark estimates are not considered accurate enough.
• B)Historical data are readily available.
• C)Information or time is scarce.
• D)Parametric estimation has already been performed.

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Definitions:

Horn

A device that emits a loud sound for signaling or warning purposes.

LED Status Indicator

A light-emitting diode used to display the operational state or condition of a device or system.

Proximity Switches

Sensors that detect the presence or proximity of an object without physical contact, commonly used in industrial control applications.

Sensing Range

The maximum and minimum distances within which a sensor can accurately detect an object.