Using the steel-vessel material-cost index to mitigate shipbuilder risk / Edward G. Keating ... [et al.].

Format:

Book

Contributor:

Keating, Edward G. (Edward Geoffrey), 1965-

United States. Department of Defense. Office of the Secretary of Defense.

National Defense Research Institute (U.S.)

Series:

Technical report (Rand Corporation) ; TR-520-NAVY.

Technical report ; TR-520-NAVY

Language:

English

Subjects (All):

Shipbuilding--Costs.

Shipbuilding.

Shipbuilding--Materials.

Ships, Iron and steel.

Physical Description:

1 online resource (xiii, 15 pages) : illustrations

Edition:

1st ed.

Place of Publication:

Santa Monica : Rand Corporation, c2008.

Language Note:

English

Summary:

The more accurately a cost index captures a shipbuilder's risk, the less the Navy should have to pay its shipbuilders. The Navy uses such indexes to correct for significant cost risks outside its shipbuilders' control. A longtime material-cost index in Navy shipbuilding is the steel-vessel index, but it is outdated and volatile. The authors urge the Navy to develop a modern-vessel index that more appropriately represents the materials used today.

Contents:

Cover; Preface; Contents; Figures; Summary; Acknowledgments; Abbreviations; Using the Steel-Vessel Material-Cost Index to Mitigate ShipbuilderRisk; How the Navy Uses Labor- and Material-Cost Indexes; The Steel-Vessel Index; Conclusions; Appendix - Time-Phasing Material- and Labor-Cost Indexes; Revisiting a Very Simple Example; Revisiting a More Realistic Example; References

Notes:

Description based on publisher supplied metadata and other sources.

"Prepared for the Office of the Secretary of Defense."

"RAND National Defense Research Institute."

Includes bibliographical references (p. 15).

ISBN:

1-281-73672-4

9786611736729

0-8330-4603-9

0-8330-4498-2

OCLC:

476182902