A Parametric Cost Model for Estimating Operating and Support Costs of U.S. Navy Aircraft
Abstract
This study provides parametric O&S cost models for future US Navy aircraft acquisition programs based on physical and performance parameters. The proposed parametric cost models provide decision makers with a tool for developing rough-order-of-magnitude annual O&S cost estimates for future US Navy aircraft acquisition programs. The historic aircraft cost data was provided by the Naval Center for Cost Analysis (NCCA) in a spreadsheet format and the data were extracted from the Navy Visibility and Maintenance of Operating and Support Cost (VAMOSC) data warehouse. After validating the assumption that the average annual O&S cost for any aircraft type/model/series is constant from year to year, cost estimating relationships are developed. The first model developed is based on multivariate regression. In this case, forward stepwise regression was used to find the model with the best fit. Since the multivariate regression model turns out to be impractical, having more than 30 variables in the equation, a tree-based model is presented as an alternative. Additionally, single variable cost estimating relationships are formulated based on the physical and performance parameters length, weight, and thrust.
Document Details
- Document Type
- Technical Report
- Publication Date
- Dec 01, 2000
- Accession Number
- ADA389448
Entities
People
- Mustafa Donmez
Organizations
- Naval Postgraduate School