AN ANALYSIS OF PROCUREMENT AND PRODUCT-IMPROVEMENT DECISIONS,

Abstract

This study presents several decision-making problems in Air Force procurement and productimprovement, two subjects whose many similarities justify a joint investigation. The same criterion is used in judging the effectiveness of each of these activities: the amount of operational capability possessed by the purchased or improved weapon system. The framework for the analysis in this report is adapted from microeconomic theory. The authors have translated the involved procedures of procurement and product improvement into rather simple problems of maximizing operational capability. This abstract model of behavior highlights the intimate relationship between the two activities. (Author)

Document Details

Document Type
Technical Report
Publication Date
Dec 01, 1963
Accession Number
AD0426248

Entities

People

  • J. J. Mccall
  • K. L. Deavers

Organizations

  • RAND Corporation

Tags

Communities of Interest

  • Weapons Technologies

DTIC Thesaurus Topics

  • Abstracts
  • Acquisition
  • Air Force
  • Air Force Procurement
  • Government Procurement
  • Procurement
  • Weapon Systems
  • Weapons

Readers

  • Life Cycle Cost Analysis
  • Theoretical Analysis.