Airframe RDT&E Cost Estimating: A Justification for and Development of Unique Cost Estimating Relationships According to Aircraft Type.

Abstract

Airframe RDT&E costs are invariably predicted by utilizing one general cost estimating relationship (CER) regardless of aircraft type(fighter, attack, or bomber/cargo). This practice results in inconsistent and often very significant inaccuracies in predicting weapon system development costs which may affect subsequent program funding. This thesis examines the utility of a unique CER for each aircraft type to be used for estimating airframe development costs. The methodology consisted of factor analysis and step-wise multiple regression analysis. Based on the results, the authors concluded that the unique CERs are consistently and significantly more accurate when estimating airframe RDT&E costs than the general CERs developed by former studies. The results of this study should be applicable to those organizations dealing with the procurement of aircraft airframes. (Author)

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Document Details

Document Type
Technical Report
Publication Date
Sep 01, 1982
Accession Number
ADA123848

Entities

People

  • Charles L. Beck Jr.
  • Dennis L. Pfeil

Organizations

  • Air Force Institute of Technology

Tags

Communities of Interest

  • Air Platforms

DTIC Thesaurus Topics

  • Acquisition
  • Air Force
  • Aircrafts
  • Airframes
  • Computational Science
  • Data Science
  • Databases
  • Factor Analysis
  • Fighter Aircraft
  • Information Science
  • Knowledge Management
  • Procurement
  • Quality Control
  • Regression Analysis
  • Statistical Analysis
  • Statistics
  • Weapon Systems

Readers

  • Life Cycle Cost Analysis
  • Regression Analysis.