An Interactive Life Cycle Cost Forecasting Tool

Abstract

A tool was developed for Monte Carlo simulation of life cycle costs using parametric cost modeling. Additionally, the analysis of the performance of parametric CER cost estimation has been cut down to a more manageable task. Models can be built and tested quickly and easily. Random deviate generators were researched and built. Several applicable statistical description routines were also implemented. Statistical integrity and great accuracy has been maintained, while made accessible through an intuitive, user friendly interface.

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Document Details

Document Type
Technical Report
Publication Date
Mar 01, 1990
Accession Number
ADA220472

Entities

People

  • David L. Sumner

Organizations

  • Air Force Institute of Technology

Tags

Communities of Interest

  • Air Platforms
  • Energy and Power Technologies
  • Materials and Manufacturing Processes
  • Weapons Technologies

DTIC Thesaurus Topics

  • Accuracy
  • Air Force
  • Computational Science
  • Computer Programming
  • Computer Programs
  • Computers
  • Data Science
  • Information Processing
  • Information Science
  • Life Cycle Costs
  • Life Cycles
  • Monte Carlo Method
  • Random Variables
  • Simulations
  • Statistical Algorithms
  • Statistics
  • Surveys

Fields of Study

  • Engineering

Readers

  • Database Systems and Applications
  • Life Cycle Cost Analysis
  • Statistical inference.