Weapon System Life Cycle Costing.

Abstract

The paper reports on the work of drafting a Dod Guide on the application of LCC to acquisition of major weapon systems. The approach prescribes standard LCC equations, the contractors provide the input for the equations, and the test program applied to the winning bidder provides the discipline needed if biased LCC estimates are to be avoided. The methodology is built around the general idea that system acquisition entails a multitude of decisions which should all be made through cost-effectiveness analyses, and that the cost aspects of these analyses should be in LCC terms. (Author)

Document Details

Document Type
Technical Report
Publication Date
Jul 01, 1971
Accession Number
AD0729866

Entities

People

  • Irving Katz
  • Raymond E. Cavender

Tags

Communities of Interest

  • Weapons Technologies

DTIC Thesaurus Topics

  • Acquisition
  • Contractors
  • Cost Effectiveness
  • Costs
  • Cycles
  • Drafting
  • Equations
  • Life Cycles
  • Maintainability
  • Reliability
  • Standards
  • Test Methods
  • Weapon Systems
  • Weapons

Readers

  • Government Contracting/Procurement.
  • Life Cycle Cost Analysis
  • Systems Analysis and Design