Issues and Problems in Life Cycle Costing in DOD Major Systems Acquisition.

Abstract

Life cycle costing (LCC) is a widely advocated economic analysis tool and procurement technique in the Department of Defense. However, little information is readily available on the considerable difficulties which exist in implementing or employing LCC as a practical, convenient, everyday tool in defense decision making. This study was undertaken to highlight the weaknesses and limitations of LCC as a means of strengthening it through more enlightened applications and more productive development of LCC methodology.

Document Details

Document Type
Technical Report
Publication Date
Nov 01, 1974
Accession Number
ADA028951

Entities

People

  • Jon F. Reynolds

Organizations

  • Defense Systems Management College

Tags

DTIC Thesaurus Topics

  • Acquisition
  • Budgets
  • Contract Administration
  • Cycles
  • Department Of Defense
  • Economic Analysis
  • Economics
  • Government Procurement
  • Life Cycles
  • Procurement
  • Program Management
  • Resource Management
  • Social Sciences
  • Test Methods

Readers

  • Life Cycle Cost Analysis
  • Systems Analysis and Design