Operations Optimization
Accurate estimates for the costs of research, materials, fabrication and labor are essential when quoting massive aerospace and defense projects. Labor shortages can arise with strikes or as a result of geopolitical events, and finding and retaining skilled labor, which is often required to run today’s technologically-advanced factories, remains a challenge. With Lumivero’s quantitative analysis software, contractors can get a realistic, probabilistic estimate of materials and labor costs throughout the entire design and build process, as well as understand the likelihood of going over budget under a variety of scenarios.
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