Final answer:
The generic formula used in algorithmic cost modeling to compute the effort required to develop software is 'Effort = Size * Average Effort per Unit Size'.
Step-by-step explanation:
The generic formula used in algorithmic cost modeling to compute the effort required to develop software is:
Effort = Size * Average Effort per Unit Size
- Size: This refers to the size of the software, typically measured in lines of code or function points.
- Average Effort per Unit Size: This represents the average effort required to develop one unit of size, and it is based on historical data and industry benchmarks.
By multiplying the size by the average effort per unit size, we can estimate the total effort required for software development.