Accession Number : ADA285015


Title :   An Ownership/Lease Cost Comparison Analysis of Heavy Equipment Motor Vehicles in Air Force Materiel Command


Descriptive Note : Master's thesis


Corporate Author : AIR FORCE INST OF TECH WRIGHT-PATTERSON AFB OH SCHOOL OF LOGISTICS AND ACQUISITION MANAGEMENT


Personal Author(s) : Karzon, Mark A ; Underwood, Jr, Charles E


Full Text : https://apps.dtic.mil/dtic/tr/fulltext/u2/a285015.pdf


Report Date : Sep 1994


Pagination or Media Count : 117


Abstract : The purpose of this thesis was to perform a ownership/lease cost comparison analysis, including the investigation of qualitative issues, of heavy equipment motor vehicles in Air Force Materiel Command (AFMC). The study examined 11 types of special purpose vehicles. Ownership cost was determined using vehicles within the categories of interest from all AFMC installations. Four AFMC installations were sampled for lease cost data and qualitative information. Once an ownership cost was determined, a comparative analysis was accomplished with lease cost information. This was done using hourly and annual cost data. Qualitative issues surrounding possible lease initiatives were addressed. Findings indicated significant cost savings would be realized if short-term, or as needed, leasing practices were adopted for low utilization vehicles. Additionally, the research found qualitative issues and mission requirements may prohibit a complete conversion to a leased special purpose fleet. The research concluded that leasing is cost effective and should be considered as a possible alternative to ownership in Air Force Materiel Command. Also, any lease initiative must include cost, utilization, and qualitative information in the decision process. Costs, Cost analysis, Cost effectiveness, Leasing, Renting, Construction equipment, Comparison, Vehicles, Military vehicles


Descriptors :   *COST EFFECTIVENESS , *COST ANALYSIS , *MILITARY VEHICLES , CONVERSION , COMPARISON , COSTS , MISSIONS , UTILIZATION , LEASING , CONSTRUCTION EQUIPMENT , SAVINGS , MOTORS , CONSTRUCTION , THESES , REQUIREMENTS , AIR FORCE , MATERIEL


Subject Categories : Administration and Management
      Combat Vehicles


Distribution Statement : APPROVED FOR PUBLIC RELEASE