An Analysis of the 'Electric FYDP' Force Costing Model.
Abstract
Analysis of the Electric FYDP force costing model's ability to estimate alternative force structure costs is presented and related to the current Department of Defense planning, programming, and budgeting system. The Electric FYDP cost model is described in economic and mathematical terms. An analysis of the model's workability, as defined by Michio Hatanaka, in modeling a military service economy for use in force cost prediction and force cost analysis is presented. The problems in estimating the parameters of the Electric FYDP ARE DISCUSSED AND CURRENT PARAMETER ESTIMATION PROCEDURES ARE APPRAISED. Preliminary sensitivity analysis is performed. The conceptual use of estimates of force cost variance in scheduling procurement of future weapons systems with a binding budgetary constraint is discussed. (Author)
Document Details
- Document Type
- Technical Report
- Publication Date
- Mar 01, 1971
- Accession Number
- AD0721542
Entities
People
- George Leon Moses
Organizations
- Naval Postgraduate School