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p is responsible for updating, maintaining, and providing training on unique Cost Opt. Systems and processes. How our estimates are used ? Provide Engineer with estimated value of alternative designs ? Provide Buyer with understanding of process used to make parts ? Provide Finance Analyst with projected cost for future programs(target setting), where designs, quotes and or other cost info are not available. Our Estimates are: ? Based on a set of assumptions – (better detailed assumptions = better estimate) ? Electronically calculated by Computer Aided Part Estimating system (or