1 option
An appraisal of models used in life cycle cost estimation for USAF aircraft systems / Kenneth E. Marks, H. Garrison Massey, Brent D. Bradley.
- Format:
- Book
- Government document
- Author/Creator:
- Marks, Kenneth E. (Kenneth Earl), 1945-
- Language:
- English
- Subjects (All):
- Airplanes, Military--United States--Costs.
- Airplanes, Military.
- Cost accounting.
- United States. Air Force--Procurement.
- United States.
- United States. Air Force--Weapons systems--Costs.
- Physical Description:
- 1 online resource (xviii, 111 pages) : illustrations
- Place of Publication:
- Santa Monica, CA : RAND, [1978].
- Summary:
- Although life cycle analysis is widely used as a management tool, considerable uncertainty still exists about its effectiveness with respect to economic tradeoffs, funding decisions, and resource allocations. This report evaluates some of the most widely used life cycle cost models: AFR l73-10 models (BACE and CACE); the Logistics Support Cost model; the Logistics Composite model; the MOD-METRIC model; AFM 26-3 Manpower Standards; Air Force Logistics Command Depot Maintenance Cost Equations; the DAPCA model; and the PRICE model. The models are rated within a framework incorporating a set of cycle cost elements and a set of cost driving factors. Color-coded illustrations summarize the results. The models are shown to have many shortcomings that limit their usefulness for life cycle analyses in which estimates of absolute, incremental cost are required. Specific areas are identified where driving factor/cost element combinations are not adequately addressed.
- Notes:
- "A Project Air Force report prepared for the United States Air Force."
- "R-2287-AF."
- "October 1978."
The Penn Libraries is committed to describing library materials using current, accurate, and responsible language. If you discover outdated or inaccurate language, please fill out this feedback form to report it and suggest alternative language.