Accession Number : AD0729866
Title : Weapon System Life Cycle Costing.
Descriptive Note : Operations analysis rept.,
Corporate Author : AIR FORCE LOGISTICS COMMAND WRIGHT-PATTERSON AFB OHIO OPERATIONS ANALYSIS OFFICE
Personal Author(s) : Katz,Irving ; Cavender,Raymond E.
Report Date : JUL 1971
Pagination or Media Count : 17
Abstract : The paper reports on the work of drafting a Dod Guide on the application of LCC to acquisition of major weapon systems. The approach prescribes standard LCC equations, the contractors provide the input for the equations, and the test program applied to the winning bidder provides the discipline needed if biased LCC estimates are to be avoided. The methodology is built around the general idea that system acquisition entails a multitude of decisions which should all be made through cost-effectiveness analyses, and that the cost aspects of these analyses should be in LCC terms. (Author)
Descriptors : (*GOVERNMENT PROCUREMENT, *COST EFFECTIVENESS), (*COSTS, WEAPON SYSTEMS), DECISION MAKING, RELIABILITY, MANAGEMENT ENGINEERING, CONTRACTS, INDUSTRIAL RELATIONS, MATHEMATICAL MODELS
Subject Categories : Administration and Management
Distribution Statement : APPROVED FOR PUBLIC RELEASE