WEAPON SYSTEM EFFECTIVENESS INDUSTRY ADVISORY COMMITTEE (WSEIAC). VOLUME 2. COST-EFFECTIVENESS OPTIMIZATION (TASKS AND ANALYSIS METHODOLOGY)

Abstract

This report discusses the philosophy of costeffectiveness and techniques for trade-off and optimization studies. It lists and discusses twelve tasks necessary to perform a cost-effectiveness analysis. A methodology is outlined for identifying and standardizing cost and effectiveness factors. Descriptive analytical models for cost-effectiveness are provided, including discussion of their sensitivity and validity. One section defines and discusses risk and uncertainty and their effect on the decision making process. Included is an extensive bibliography on cost-effectiveness. A technique is illustrated for cost-effectiveness optimization in the Definition Phase when there is a relative dearth of data, program objectives are fixed, and system effectiveness is unconstrained.

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Document Details

Document Type
Technical Report
Publication Date
Jan 01, 1965
Accession Number
AD0462398

Entities

People

  • F. H. Moxley Jr.
  • G. R. Herd

Organizations

  • Air Force Systems Command

Tags

Communities of Interest

  • Ground and Sea Platforms
  • Human Systems
  • Space
  • Weapons Technologies

DTIC Thesaurus Topics

  • Accuracy
  • Aircrafts
  • Business Administration
  • Cost Analysis
  • Dynamic Programming
  • Employment
  • Engineers
  • Investments
  • Launch Vehicles
  • Mathematical Models
  • Mathematical Programming
  • Operations Research
  • Optimization
  • Space Systems
  • Systems Engineering
  • Weapon System Effectiveness
  • Weapon Systems

Readers

  • Business Analytics
  • Life Cycle Cost Analysis
  • Operations Research