A Summary and Analysis of Selected Life Cycle Costing Techniques and Models.

Abstract

Operational costs continue to recur throughout the life of a weapon system and normally represents the majority of life cycle costs. Presented are an 'Annotated Bibliography of Selected Life Cycle Costing Literature' and a 'Taxonomy of Selected Life Cycle Cost Models'. The Annotated Bibliography is sectionalized into six areas: Directives and Guides; General Philosophy and Methodology; Reliability and Maintainability; Cost-Effectiveness; Cost Models; and Case Studies and Technical Reports. The Taxonomy discusses six types of life cycle cost models including accounting, cost estimating relationship, simulation, failure-free warranty, reliability, and economic analysis models. One conclusion is that awareness of life cycle costing concepts results in better planning and decisionmaking. (Modified author abstract)

Document Details

Document Type
Technical Report
Publication Date
Aug 01, 1974
Accession Number
AD0787183

Entities

People

  • Billie E. Oswald Jr
  • Lawrence E. Dover

Organizations

  • Air Force Institute of Technology

Tags

DTIC Thesaurus Topics

  • Bibliographies
  • Case Studies
  • Cost Effectiveness
  • Cost Models
  • Costs
  • Cycles
  • Economic Analysis
  • Life Cycle Costs
  • Life Cycles
  • Reliability
  • Taxonomy
  • Weapon Systems

Fields of Study

  • Engineering

Readers

  • Library and Information Science
  • Life Cycle Cost Analysis