Estimation of MPN (Military Personnel Navy) Obligations
Abstract
This research memorandum describes an analysis of methods that will enable OP-01 to monitor more closely the execution of the MPN appropriation. In particular, the analysis is concerned with the identification of leading indicators of Military Personnel Navy (MPN) obligations that provide accurate forecasts of fiscal year obligations within a few months the fiscal year's start. The study demonstrates that succinct and accurate estimation techniques may be applied to basic pay, retired pay accrual, basic allowance for quarters, FICA, and officer basic allowance for subsistance. Other pay catagories exhibit too much irregularity to be amenable to such forecasting methods. The analysis exhibits the margins of error that apply to the forecasts and are inherent in the Navy's information systems. Keywords: Compensation, Confidence intervals, Cost estimates, Financial management, Maximum likelihood estimates, Naval budgets, Naval planning, Naval personnel, Predictions, Regression analysis, Salaries, Statistical data, Tables (data). (KR)
Document Details
- Document Type
- Technical Report
- Publication Date
- Apr 01, 1989
- Accession Number
- ADA213132
Entities
People
- David M. Rodney
- Jerry A. Hammer
- Mark B. Geis
Organizations
- Center for Naval Analyses