Accession Number : AD0725875

Title :   Acquisition Cost Experience and Predictability,

Corporate Author : RAND CORP SANTA MONICA CALIF

Personal Author(s) : Harman,Alvin J.

Report Date : JAN 1971

Pagination or Media Count : 34

Abstract : The paper focuses on comparing and predicting cost experiences of weapon system acquisitions, using cost factors (the ratios of actual to predicted costs) as a basis. A model is set out that considers several of the more pertinent influences of the development program and system involved on the magnitude of a cost factor. Basically, the length of the development phase of the new system acquisition and the technological advance sought for the new system are related to the cost estimation inaccuracy or real cost growth of the system. (Author)

Descriptors :   (*MANAGEMENT ENGINEERING, *LOGISTICS), (*COSTS, WEAPON SYSTEMS), MATHEMATICAL MODELS, MATHEMATICAL PREDICTION, SYSTEMS ENGINEERING, AIRCRAFT, GUIDED MISSILES, AIR FORCE PROCUREMENT

Subject Categories : Administration and Management
      Logistics, Military Facilities and Supplies

Distribution Statement : APPROVED FOR PUBLIC RELEASE