Generic Inflation Indexes for Weapon Systems,
Abstract
The Air Force Systems Command Cost Analysis Improvement Group (AFSCCAIG) undertook an initiative to develop generic inflation indexes for weapon systems. This initiative was to develop indexes for aircraft, large missiles, small missiles, radar, spacecraft and munitions, to include Development, Production, and Operation and Maintenance indexes where possible. Due to the difficulty in collecting data for O&M and Development, only the Production portions of this initiative are presented here. In light of some research done by Mr. Curtis Low from the Army it is possible that it would not be cost effective to spend the resources required to develop generic indexes for development. The research done by Mr. Low supports the hypothesis that there is little statistical difference between R&D and Production inflation rates developed by OSD. This paper demonstrates that there is a significant difference in the inflation rates of different weapon systems based on their different material and labor compositions. Presented here are the results of a study designed to develop inflation indexes with respect to the production of the various weapon systems described above.
Document Details
- Document Type
- Technical Report
- Publication Date
- Jun 01, 1980
- Accession Number
- ADA097006
Entities
People
- Allen Fatkin
Organizations
- Air Force Systems Command