Equivalent Units

Abstract

This paper presents three ways to estimate cost progress on the same program. One is the conventional cost progress curve using lot data. The other two use periodic expenditure data to estimate the same underlying cost progress curve. The latter methods associate equivalent units of output with periodic expenditures. These alternatives also offer opportunities to estimate the underlying curve much sooner than otherwise. Applications of the theory to cost monitoring are discussed.

Open PDF

Document Details

Document Type
Technical Report
Publication Date
Aug 01, 1989
Accession Number
ADA213380

Entities

People

  • Norman K. Womer
  • Stephen J. Balut
  • Thomas R. Gulledge

Organizations

  • Institute for Defense Analyses

Tags

Communities of Interest

  • Air Platforms
  • Weapons Technologies

DTIC Thesaurus Topics

  • Abstracts
  • Aircraft Engines
  • Aircrafts
  • Contracts
  • Cost Analysis
  • Costs
  • Equations
  • Integral Equations
  • Learning
  • Manufacturing
  • Monitoring
  • Production
  • Sequences
  • Steady State
  • Tactical Aircraft
  • Weapon Systems
  • Weapons

Readers

  • Life Cycle Cost Analysis
  • Mathematical Modeling and Probability Theory.