Accession Number : ADA187626
Title : The Effect of Discounting on Defense Decisions.
Descriptive Note : Master's thesis,
Corporate Author : AIR FORCE INST OF TECH WRIGHT-PATTERSON AFB OH SCHOOL OF SYSTEMS AND LOGISTICS
Personal Author(s) : Carstens, Veronique M
PDF Url : ADA187626
Report Date : Sep 1987
Pagination or Media Count : 94
Abstract : The technique of discounting is based on the dollar today is worth more than a dollar in the future. This is often referred to as the time value of money. This technique is widely accepted in the private sector; however, its use in the public sector has been repeatedly questioned process. Several analysts were interviewed and several cases were reviewed to determine if discounting is being used by DoD, including a discussion between net present value and internal rate of return, and a discussion on inflation.
Descriptors : *MILITARY PROCUREMENT, *FINANCE, DECISION MAKING, INTERNAL, RATES, AIR FORCE EQUIPMENT
Subject Categories : Economics and Cost Analysis
Logistics, Military Facilities and Supplies
Distribution Statement : APPROVED FOR PUBLIC RELEASE