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The Space Transportation Program Office has tasked you with estimating production costs for a new solid propellant rocket engine to be used on the International

The Space Transportation Program Office has tasked you with estimating production costs for a new solid propellant rocket engine to be used on the International Launch Vehicle (ILV).

Prior to collecting historical data, meetings with propulsion engineers were held. The results of the identification phase were encouraging. The experts agree that the primary driver of solid propellant rocket engine production costs is Power. For propulsion systems, Power can be measured in several ways, such as Average Thrust, Burn Time and Propellant Weight. During the specification phase, the experts all agreed that as power, burn time, and propellant weight increased, cost would also increase.

Data on twelve analogous rocket engines were gathered. The cost data is normalized to the cost at unit 100 in FY98$. The historical database is as follows:

Rocket Engines

Engine

Cost (@ Unit 100)

Average Thrust (lbs)

Burn Time (sec)

Propellant Weight (lbs)

1

9,739

1505

10.35

1003

2

6,836

2,320

11.55

2340

3

11,280

46,780

16.80

2536

4

96,334

2,465

21.52

6556

5

58,593

9,432

14.93

3,348

6

44,389

24,345

17.43

2,504

7

911,234

16,290

35.60

6,451

8

999,999

33,735

31.80

6,986

9

932,510

33,450

43.10

6,785

10

1,344,350

4,500

45.60

8,307

11

1,481,090

14,657

50.60

9,400

12

1,536,800

67,555

52.40

9,120

Tasks: Develop the best model/prediction possible, given the database provided. Document the process used and the decisions made along the way.

4. Using the preferred CER, estimate the cost at unit 100 for the solid rocket motor that will be employed on the new International Launch Vehicle (ILV). Following are the specifications for the ILV rocket motor:

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