What is Cost Estimation subject all about in Industrial Engineering courses?

<p>Industrial Engineering includes minimizing project costs, defining parameters and constraints for things like delivery time, operating man hours and shipping costs in manufacturing processes across various industries. Hence, <strong>students get to study about the cost estimation and cost control methods where they can learn how to calculate the product cost before its actual manufacturing and come up with effective strategies to minimize the cost as much as possible and maximize the profits</strong>. The subject is very important for students who wish to pursue a successful career in Industrial Engineering.</p>

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