PAX ECONOPACK Economic Analysis Package. User's Manual.
Abstract
The Army, like other institutions, is confronted by the basic economic problem of scarcity. Resource and budgetary limitations make it impossible to undertake all actions which are deemed desirable, thus necessitating choices among alternative uses of resources and funds. An economic analysis (EA) helps to determine which, among various alternatives, is the economically best course of action for achieving a given objective. ECONPACK is a software package developed to facilitate performance of EAs for Department of the Army military construction projects. ECONPACK provides simple automated assistance in performing the necessary calculations and in producing certain specified report formats for EAs. It can also be used for the performance of sensitivity analyses, which are especially useful in situations involving substantial uncertainty about future costs. Keywords: Life cycle cost analysis; Computer files; Menu.
Document Details
- Document Type
- Technical Report
- Publication Date
- Jan 01, 1986
- Accession Number
- ADA165931
Entities
People
- Hugh W. Mason