An Economic Analysis of the Relevant Costs in Air Force Building Replacement
Abstract
The thesis describes and analyzes the relevant costs in an Air Force building replacement consideration and illustrates, through the use of economic analysis, the effects of the described relevant costs on the replacement decision. A regression analysis is accomplished to illustrate a method of predicting maintenance expenditures. Building deterioration, obsolescence, and effectiveness are discussed in terms of their effects on maintenance costs and performance of the assigned function. An economic analysis of a hypothetical replacement consideration illustrates the sensitivity of the replacement decision to inclusion of the costs of obsolescence and reduced functional performance. Deferred maintenance is assessed in terms of its effect on functional performance.
Document Details
- Document Type
- Technical Report
- Publication Date
- Jan 01, 1974
- Accession Number
- AD0776781
Entities
People
- Jack L. Joines
- Melville M. Andrews Jr.
Organizations
- Air Force Institute of Technology