Cost Estimation of Simulation Models for the Effectiveness Estimation of Simulation-Based Acquisition

In order to estimate the effectiveness of simulation-based acquisition quantitatively, development cost for simulation models should be carefully considered within the estimation. To that end, in this paper, we propose a method for the estimation of development cost for three types of models. For each unit model, its size is computed by size measurement approache (s), and then its development cost is estimated based on the measured size and the unit development cost calculated from past projects. The cost for the whole model can be obtained by tallying up the costs of all unit models. A proof-of-concept tool is currently being developed based on the proposed method.