Weapon System Cost Analysis
Abstract
"Weapon system" has to a large extent been substituted for "weapon" over the last few years in the United States Air Force's approach to the Introduction of new equipments into its inventory. The expansion of the concept of a weapon to include all of the related equipment, installations, personnel, maintenance, supply, training, etc., has called for many changes to the previously held ideas on estimating the physical and financial requirements for new equipments. Development, procurement and logistics as well as planning and operations are also moving in this direction. Since RAND was among the first to utilize the systems concept, it also has had a longer than average experience in the development of methodology and data necessary as inputs in weapon systems analysis. RAND's Cost Analysis Department has been actively participating in this work since 1950. This paper summarizes the concepts and methodology for computing Air Force weapon system costs used at RAND as of the winter of 1955. It is being made available at this time not because of any presumption that it is either the final or the best to for preparing such estimates, but rather in response to an ever increasing demand for a statement of RAND's cost methodology from manufacturing and research organizations which serve the Air Force.
Document Details
- Document Type
- Technical Report
- Publication Date
- Jan 24, 1956
- Accession Number
- AD0224378
Entities
People
- David Novick
Organizations
- RAND Corporation