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Suppose one wants to estimate the manufacturing costs dependence of the price of a specific raw commodity, are there good quantitative methods for making such estimation?

I'm interested in creating a dataset of how much the price of oil affects certain manufacturing costs. The brute force method involves going over all the cost structure of the manufacturing line, and since this is a recursive method (because all resources and services will also have an unknown price dependency on oil), it seems very hard to use in practice, specially because the dependency between price and cost is hard to measure as well.

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