What is a cost model that uses algorithms? What disadvantages does it have in comparison to other techniques of cost estimation?

Principles of Information Systems (MindTap Course List)
12th Edition
ISBN:9781285867168
Author:Ralph Stair, George Reynolds
Publisher:Ralph Stair, George Reynolds
Chapter10: Information And Decision Support Systems
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What is a cost model that uses algorithms? What disadvantages does it have in comparison to other techniques of cost estimation?

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