Accession Number : AD0718089

Title :   Aerospace Price Indexes,

Corporate Author : RAND CORP SANTA MONICA CALIF

Personal Author(s) : Campbell,H. G.

Report Date : DEC 1970

Pagination or Media Count : 36

Abstract : An analysis of publications prepared by the Bureau of Labor Statistics relating to price indexes leads to a criticism of the sufficiency of data on aerospace items, with the exception of hourly earnings information. Overhead is an important cost component of major purchased materials and finished production items, but it has not been treated in any regularly published report. Thus any index purporting to measure price changes in aerospace products may be questioned. Simple and convenient indexes, including those presented here, are no substitute for reasonably thorough analysis and should be used only if such analysis cannot be accomplished.

Descriptors :   (*AIRCRAFT INDUSTRY, ECONOMICS), (*COSTS, ANALYSIS), MANAGEMENT ENGINEERING, STATISTICAL DATA, REVIEWS, CLASSIFICATION, TRANSFORMATIONS, LABOR

Subject Categories : Administration and Management
      Economics and Cost Analysis

Distribution Statement : APPROVED FOR PUBLIC RELEASE