The book consists of the following 20 chapters and a Preface arranged in two parts:

The Electronics Systems Cost Modeling Laboratory (ESCML) at the University of Maryland develops modeling methodologies and tools that address all aspects of the life-cycle cost of electronic systems from hardware fabrication and software development through sustainment and end of life. The author-a senior professor at the University of Maryland (UMD), is a Fellow of IEEE and ASME, and is the Director of ESCML. The book is an outcome of a course on Electronic Product and System Cost analysis developed at the UMD and is intended as a resource for electronic systems designers who would like to understand and forecast the costs of their products in the present day competitive market. The economic aspect of the design of electronic systems was not as important a consideration a few decades back. But it is crucial in the modern times and the book helps in understanding the impact of design decisions during the manufacturing phase and over the entire life cycle of products. The book comprises two parts, viz, Part I and Part II. Part I deals with manufacturing cost modeling and presents several different approaches and discusses manufacturing yields, recurring functional testing and rework with a focus on fabrication and assembly. Part II includes life-cycle cost and takes a broader view of product ownership. The cost of ownership includes not only the cost of purchasing but also the cost of maintaining and using the product, and relates to cost of reliability, sparing, warranty, burn-in, availability etc. Chapters on technology obsolescence cost of service and software development and support make the treatment of the subject complete. Real life design scenarios from integrated circuit fabrication, electronic systems assembly, substrate fabrication, and electronic systems management are used as examples of the application of the cost estimation methods developed within the book. The author has done a great service by providing an errata for the book on the web at: http://www.enme.umd.edu/ESCML/Papers/Cost%20Book%20Errata.pdf
In the view of the reviewer the book fills in a gap in the present literature and the reviewer feels that electronic system designers must read this book before setting to design new systems. At the same time, the book is a very good tutorial for the graduate electronic engineer who makes this area as his or her career.