Cost-of-Ownership Philosophy Applied to Inertial Navigation Systems,
Abstract
It is contention of this paper that while performance should be given prime emphasis, the economics of using inertial navigation equipment should also be given serious consideration. Some members of the industrial inertial community now are considering the use of their equipment from not only a performance but from also a cost totality aspect. For many years, over-simplified expressions were applied to determine system acceptability - acceptable or non-acceptable - with little regard to system reliability. Consequently, what can easily happen, and what has happened in the past, is that equipments which appear very attractive from an initial cost standpoint, can require significant funding in support of operational use. This paper supports the need for a total performance (including reliability and maintainability) cost-of-ownership approach toward inertial navigation system design and selection. In addition, a concept entitled COPE - an acronym for Cost-of-Ownership and Performance is presented, defined and applied to inertial navigation system design and selection. (Author)
Document Details
- Document Type
- Technical Report
- Publication Date
- Sep 01, 1967
- Accession Number
- AD0848285
Entities
People
- E. J. Denezza
- R. V. Plank
- W. J. Laubendorfer
Organizations
- Air Force Research Laboratory