A Computer Program Generating Historical Inflation Factors for Troop Support Items.

Abstract

Historical indices are a convenient device for translating the price of an item procured in the past to what the replacement price of the item would be today. Several questions, however, should be asked when using an index to update the past procurement prices: Is the item for which an updated price is to be calculated obsolete due to changes in technology? Is the item under consideration made of the same materials and by the same manufacturing process as when last procured? Are the conditions of the replacement procurement, if undertaken, identical to past procurement (s)? Is the index appropriate for use with the item at hand. Inflation indices are listed in the document.

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Document Details

Document Type
Technical Report
Publication Date
Dec 01, 1984
Accession Number
ADA150839

Entities

People

  • W. H. Gille Jr.

Tags

Communities of Interest

  • C4I

DTIC Thesaurus Topics

  • Air Conditioning Equipment
  • Commercial Equipment
  • Computer Programs
  • Computers
  • Cost Analysis
  • Cost Estimates
  • Costs
  • Generators
  • Materials
  • Metals
  • Motor Generators
  • Price Index
  • Procurement
  • Ships
  • Small Ships
  • Systems Analysis
  • Watercraft

Readers

  • Computer Science.
  • Government Contracting/Procurement.
  • Psychometric Testing or Psychological Assessment.