The correct answer is: A. price engineering method.
Work measurement is a technique used to determine the time it takes to perform a task. It is used in cost estimation to determine the cost of labor for a project. Price engineering is a technique used to determine the price of a product or service. It is used in cost estimation to determine the cost of materials and overhead for a project. Industrial engineering is a field of engineering that deals with the design, improvement, and installation of integrated systems of people, machines, materials, and energy. It is not a specific technique used in cost estimation. Measuring engineering is not a recognized field of engineering. Unit engineering is a technique used to estimate the cost of a product or service based on the number of units produced. It is not a specific technique used in cost estimation.
Here is a more detailed explanation of each option:
- Price engineering is a technique used to determine the price of a product or service. It is based on the following factors:
- The cost of materials
- The cost of labor
- The cost of overhead
- The desired profit margin
- Industrial engineering is a field of engineering that deals with the design, improvement, and installation of integrated systems of people, machines, materials, and energy. It is not a specific technique used in cost estimation.
- Measuring engineering is not a recognized field of engineering.
- Unit engineering is a technique used to estimate the cost of a product or service based on the number of units produced. It is not a specific technique used in cost estimation.