Extension and Refinement of the Valuation of Air Force Experience

Abstract

This paper documents the extension and enhancements made to three previously developed value of Air Force experience models. Full investment cost, stochastic rewards valuation, and expected net present value models were applied to 10 additional enlisted and 14 additional officer occupational specialties. Several new cost estimating measures were developed during the model applications. Results showed the model provide defensible cost and value estimates of replacing and retaining trained personnel.

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Document Details

Document Type
Technical Report
Publication Date
Dec 01, 1991
Accession Number
ADA243729

Entities

People

  • Brice M. Stone
  • Larry T. Looper
  • Lavonne M. Grossman
  • Sheree K. Engquist

Tags

Communities of Interest

  • Human Systems

DTIC Thesaurus Topics

  • Air Force
  • Air Force Personnel
  • Attrition
  • Business Administration
  • Civil Engineering
  • Employment
  • Engineers
  • Enlisted Personnel
  • Human Resources
  • Indirect Costs
  • Investments
  • Management Personnel
  • Military Training
  • Officer Personnel
  • Personnel Management
  • Plastic Explosives
  • Recruits

Readers

  • Life Cycle Cost Analysis
  • Mathematical Modeling and Probability Theory.
  • Military Mobilization and Reserve Forces Studies.