COST-EFFECTIVENESS: ESTIMATING SYSTEMS COSTS

Abstract

The discussion of concepts, principles, and the general approach toward the development of system cost estimates is intended primarily for users of estimates, rather than for cost analysts. An understanding of cost analysis can assist considerably in the use of cost estimates. Both the value and limitations of such estimates should be better understood for their proper application in cost-effectiveness analysis. Emphasis must be shifted toward an evaluation of the validity of the study itself and the analysis underlying it. Data, methods, and conclusions must be subjected to intelligent and critical review.

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Document Details

Document Type
Technical Report
Publication Date
Sep 01, 1965
Accession Number
AD0622023

Entities

People

  • J. D. Mccullough

Organizations

  • RAND Corporation

Tags

Communities of Interest

  • Air Platforms
  • Weapons Technologies

DTIC Thesaurus Topics

  • Accuracy
  • Aircrafts
  • Airframes
  • Attrition
  • Cost Analysis
  • Cost Effectiveness
  • Cost Estimates
  • Costs
  • Databases
  • Department Of Defense
  • Life Cycles
  • Manufacturing
  • Materials
  • Operations Research
  • Procurement
  • Regression Analysis
  • Statistical Analysis

Fields of Study

  • Medicine

Readers

  • Life Cycle Cost Analysis
  • Systems Analysis and Design