Life Cycle Analysis Procedures and Techniques: An Appraisal and Suggestions for Future Research,

Abstract

A briefing discussing the application of life cycle analysis to the evaluation of proposed investments of R&D and procurement funds. The primary focus of this study has been on aircraft systems and on decisions involving program changes and modifications to systems already in acquisition. In summary, it was observed that present procedures and techniques for making life cycle cost estimates can lead to decisions that have effects opposite to what the decisionmaker is seeking. Opportunities to reduce overall costs may be missed. R&D funds may be invested without achieving an expected O&S cost reduction, thereby increasing life cycle cost. The establishment of a uniform set of procedures for conducting and presenting the results of life cycle analyses should help in two ways. It would compensate for some of the shortcomings of current models and data, and it would provide a useful basis for the development of improved estimating techniques in the future.

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Document Details

Document Type
Technical Report
Publication Date
Oct 01, 1977
Accession Number
ADA132027

Entities

People

  • H. G. Massey
  • K. E. Marks

Organizations

  • RAND Corporation

Tags

Communities of Interest

  • Air Platforms
  • C4I
  • Human Systems
  • Weapons Technologies

DTIC Thesaurus Topics

  • Acquisition
  • Air Force
  • Aircraft Equipment
  • Aircrafts
  • Business Administration
  • Case Studies
  • Cost Analysis
  • Cost Estimates
  • Cost Models
  • Cost Reductions
  • Life Cycle Costs
  • Life Cycles
  • Logistics
  • Maintenance
  • Maintenance Costs
  • Procurement
  • Weapon Systems

Readers

  • Life Cycle Cost Analysis
  • Systems Analysis and Design
  • Team-Based Human-Centered Cognitive Task Decision Making and Information Performance.