Improvement Curves, Production Rate, and Optimal Contractor Behavior,
Abstract
There has been much interest in recent years in the relationships among learning, production rate, and program costs. These relationships are of particular interest in military acquisitions research where, because of the nature of the funding process, the government must assess the cost impact of numerous production rate changes. One approach that is often used to analyze the problem is an empirical application of the Alchian cost function. This document provides constructive criticism of the economic analyses that are often applied to this very difficult managerial problem. Keywords: cost analysis; weapon systems; cost estimates.
Document Details
- Document Type
- Technical Report
- Publication Date
- Sep 20, 1985
- Accession Number
- ADA161850
Entities
People
- Jeffrey D. Camm
- Norman K. Womer
- Thomas R. Gulledge Jr.
Organizations
- University of Cincinnati