Accession Number:

AD0636497

Title:

ON THE ROLE OF THE COST ANALYST IN A WEAPON SYSTEM STUDY

Descriptive Note:

Corporate Author:

RAND CORP SANTA MONICA CA

Personal Author(s):

Report Date:

1966-05-01

Pagination or Media Count:

23.0

Abstract:

There are two ideas which have motivated this paper first, that the role of the cost analyst is not to appear after decisions are made and provide some kind of estimate which justifies the decisions and, secondly, that cost analysis is not an activity which is carried out by itself, but is an important part of a larger analytic activity which is sometimes called systems analysis, sometimes cost-effectiveness analysis, and sometimes cost-utility analysis. This larger activity attempts to examine alternative means of achieving specific goals with the ultimate intention of making the best possible decisions. The main intent of this paper is to show how the cost analyst can usefully participate in this analytic process and provide insights which contribute to the making of the aforementioned best possible decisions.

Subject Categories:

  • Economics and Cost Analysis
  • Operations Research
  • Antimissile Defense Systems

Distribution Statement:

APPROVED FOR PUBLIC RELEASE