An Appraisal of Cost-Effectiveness Models Used in the Air Force and Navy Aircraft Engine Component Improvement Programs

Abstract

This thesis examines the cost-effectiveness models used by the Air Force and Navy to assist with the decision-making process of their Component Improvement Programs (CIP). The focus on the elements of the two models and the reasonableness of each model's results. A sensitivity analysis was performed on significant input parameters to determine what effect errors in these parameters would have on the predicted return-on-investment (ROI) results. The author concluded that, although the models provide insight into life cycle costs (LCC) of aircraft engines, they are extremely sensitive to errors in certain input variables and should not be relied upon for CIP budget justification.

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Document Details

Document Type
Technical Report
Publication Date
Dec 01, 1991
Accession Number
ADA245910

Entities

People

  • James D. Davis

Organizations

  • Naval Postgraduate School

Tags

Communities of Interest

  • Air Platforms
  • Human Systems

DTIC Thesaurus Topics

  • Air Force
  • Aircraft Engines
  • Attrition
  • Business Administration
  • Computer Programming
  • Computers
  • Cost Analysis
  • Cost Effectiveness
  • Engine Components
  • Engineering
  • Engines
  • Literature Surveys
  • Logistics
  • Maintenance
  • Reliability
  • Test And Evaluation
  • Turbines

Readers

  • Computational Modeling and Simulation
  • Life Cycle Cost Analysis