"After nearly eight weeks, Boeing and the International Association of Machinists and Aerospace Workers Union (IAM) reached an agreement that ended a strike involving 27,000 workers. The strike followed several days of "last minute" talks, which began when management and union negotiators failed to reach an agreement on workers' compensation and protection issues. As a result of the agreement, IAM workers gained benefits in areas including health care, pensions, wages and job security for 2,900 workers in the inventory management and delivery categories. Boeing also agreed to retrain laid-off or displaced workers. Despite these concessions, a Boeing spokesperson was quoted as saying the deal "gives us the flexibility we need to run the company." The four-year agreement allows Boeing to retain critical outsourcing provisions it won in past struggles with the union. Commenting on all this, one analyst concluded that "the union probably won the battle and Boeing wins the war."

Taking into consideration the above, explain what a cost analysis consists of and its relationship with production processes. Finally, what did the analyst mean by his comment?