A Novel Cost-Benefit Analysis for Evaluation of Complex Military Systems
Abstract
This article presents a systematic merit function approach for the comprehensive evaluation of competing military systems. The merit function is defined to be the ratio of quantified system benefit to system life cycle cost. System benefit is measured by a unique utility function that quantifies the degree to which a given system configuration satisfies an identified set of customer requirements. This measure is derived from the information contained in Quality Function Deployment tables. The second portion of the merit function is a life cycle cost measure that can be developed using any valid estimation technique. With this merit function approach, the cost effectiveness of complex systems can be quantified. Comparison of the quantified merit of competing systems then provides for objective and reliable decision making. The merit function approach is demonstrated by an evaluation of two attack helicopter configurations.
Document Details
- Document Type
- Technical Report
- Publication Date
- Jan 01, 1995
- Accession Number
- ADA487938
Entities
People
- Edward V. Byrns Jr.
- J. E. Corban
- Stephen A. Ingalls
Organizations
- United States Military Academy