Production Rate Adjustment Factors (PRAF) Cost Model,

Abstract

The AVRADCOM Directorate for Plans and Analysis developed an investment model that provides quick reaction 'time-phased' cost estimates. It incorporates the 'learning curve' lot size technique and Production Rate Adjustment Factors (PRAF) to calculate 'adjusted average lot costs' by year. The PRAF's are results of complicated mathematical equations; their main assumptions are that the 'average unit cost' increases whenever the lot size is varied. This program also stratifies the total investment costs by partial 'work breakdown structure'.

Document Details

Document Type
Technical Report
Publication Date
Sep 01, 1982
Accession Number
ADP001236

Entities

People

  • Arnold V. Arconati

Tags

DTIC Thesaurus Topics

  • Cost Analysis
  • Cost Estimates
  • Cost Models
  • Costs
  • Department Of Defense
  • Economic Analysis
  • Equations
  • Investments
  • Learning
  • Production
  • Production Rate
  • Virginia

Readers

  • Life Cycle Cost Analysis
  • Regression Analysis.