A PRIMER OF COST EFFECTIVENESS.

Abstract

An elementary description of the methodology employed in cost-effectiveness studies is presented in a programmed learning format. The five essential parts of a study-the objectives, the alternative means to accomplish the objectives, the resources required, the models used to study the alternatives more completely, and the criteria for choosing among the alternatives-are presented. Life-cycle costs of systems-RDTE, initial procurement, and annual operating costs-are considered, as well as the advantages of a fixed-cost as opposed to a fixed-effectiveness approach. The importance of sensitivity analysis is stressed.

Document Details

Document Type
Technical Report
Publication Date
Apr 01, 1967
Accession Number
AD0816751

Entities

People

  • William H. Sutherland

Tags

DTIC Thesaurus Topics

  • Cost Effectiveness
  • Costs
  • Cycles
  • Learning
  • Life Cycle Costs
  • Life Cycles
  • Printing
  • Procurement
  • Sensitivity

Readers

  • Life Cycle Cost Analysis
  • Theoretical Analysis.