Translation of the LCC-2 Life Cycle Cost Model to Comply with the CAIG Approved Cost Element Structure.

Abstract

This modification of the LCC-2 life cycle cost model cost element structure has separated acquisition costs from O&S costs, and by then adding missing ownership cost elements, has transformed the model into compliance with the Secretary of Defense Cost Analysis Improvement Group's (OSD/CAIG) standard cost element structure for aircraft systems. The modification of the software code to implement the modified cost element structure will once again allow the extensive use of the model for life cycle cost analysis. The modification was accomplished through a comparison of the LCC-2 cost elements with the CAIG approved cost elements and modifying the LCC-2 cost estimating relationships, which produce the cost elements, so as to generate the approved cost elements. Additionally, new cost estimating relationships were devised to supply output for cost elements not previously addressed by the LCC-2 model. Although the model was originally developed for use in the life cycle of avionics systems, the model should be applicable to other aircraft subsystems as well.

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Document Details

Document Type
Technical Report
Publication Date
Sep 01, 1986
Accession Number
ADA174502

Entities

People

  • James E. Botkin

Organizations

  • Air Force Institute of Technology

Tags

Communities of Interest

  • Air Platforms
  • Biomedical
  • C4I
  • Human Systems
  • Weapons Technologies

DTIC Thesaurus Topics

  • Accounting
  • Acquisition
  • Air Force
  • Aircraft Equipment
  • Aircrafts
  • Business Administration
  • Computer Programming
  • Control Systems
  • Cost Analysis
  • Cost Models
  • Databases
  • Economic Analysis
  • Investments
  • Maintenance Personnel
  • Military Budgets
  • Standards
  • System Software

Fields of Study

  • Engineering

Readers

  • Finite Element Method (FEM) for solving Partial Differential Equations (PDEs)
  • Life Cycle Cost Analysis