The Methodology of Cost Estimation for U.S. (United States) Missiles

Abstract

Public data on U.S. missile systems are used to demonstrate the procedures and techniques for development of Cost Estimating Relationships (CER) by statistical methods. First, attention is given to data adjustment for constant dollars and quantities since the data come from yearly budgets. Next, simple and multiple linear regressions are performed in various combinations of three explanatory variables (weight, speed and range). Learning curves are introduced to derive the reduction in cost as the number of items produced increases.

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Document Details

Document Type
Technical Report
Publication Date
Dec 01, 1982
Accession Number
ADA127261

Entities

People

  • Kyung Ho Choo

Organizations

  • Naval Postgraduate School

Tags

Communities of Interest

  • Weapons Technologies

DTIC Thesaurus Topics

  • Aircrafts
  • California
  • Coefficients
  • Contracts
  • Cost Estimates
  • Costs
  • Data Science
  • Electronic Equipment
  • Engineering
  • Equations
  • Industrial Engineering
  • Quality Control
  • Regression Analysis
  • Standards
  • Statistical Inference
  • United States
  • Vehicles

Fields of Study

  • Mathematics

Readers

  • Life Cycle Cost Analysis
  • Regression Analysis.