Implementation of Life Cycle Costing.
Abstract
The conditions and events in which served to highlight the fact that life cycle cost (LCC) had been ignored in the past and is being poorly utilized in the present are discussed. Mind-sets and faulty prioritizations which may prevent life cycle costing's successful implementation are also discussed. The significance of reliability and maintainability (R&M) to LCC, its role as the major LCC contributor, and its potential for greatest savings are addressed. The timing of LCC management emphasis and of trade offs, current guidance and direction, recommended methods of implementation, and current types of cost estimating models available and commonly utilized are also brought out. Keywords: Theses; Cost analysis; Data analysis; Questionnaires.
Document Details
- Document Type
- Technical Report
- Publication Date
- Sep 01, 1987
- Accession Number
- ADA188274
Entities
People
- S. G. Burris
Organizations
- Air Force Institute of Technology