Accession Number : AD0742810

Title :   Cost Estimating Relationships: A Manual for the Army Materiel Command.

Descriptive Note : Technical paper,

Corporate Author : RESEARCH ANALYSIS CORP MCLEAN VA

Personal Author(s) : Stament,Alfred D. ; Wilbourn,Carl R.

Report Date : MAY 1972

Pagination or Media Count : 357

Abstract : The report is a practical guide for developers and reviewers of cost estimating relationships (CERs) within the various organizational elements of the Army Materiel Command (AMC). It covers the basic methodology, data, and documentation considerations of parametric cost estimating and exemplifies these by drawing on field experience at the AMC major subordinate commands (MSCs). The field experience has also been used as the basis for providing general findings and conclusions regarding current and potential uses of CERs at ehe MSCs. In the report, emphasis is placed on clear exposition of currently available methodology and data. Thus prime consideration is given to standard regression techniques, to accepted data adjustment techniques (for example, those for learning and price level effects), and to types of data available from present sources. (Author)

Descriptors :   (*ARMY PROCUREMENT, *COST EFFECTIVENESS), (*WEAPON SYSTEMS, COSTS), REGRESSION ANALYSIS, MATHEMATICAL MODELS, STOCHASTIC PROCESSES, INVENTORY CONTROL, PROBABILITY DENSITY FUNCTIONS, LEAST SQUARES METHOD, CURVE FITTING, DECISION THEORY, REPLACEMENT THEORY, LEARNING CURVES, COMPUTER PROGRAMMING, DATA PROCESSING, INSTRUCTION MANUALS

Subject Categories : Administration and Management
      Economics and Cost Analysis
      Logistics, Military Facilities and Supplies

Distribution Statement : APPROVED FOR PUBLIC RELEASE