LIFE CYCLE COSTING IN EQUIPMENT PROCUREMENT
LOGISTICS MANAGEMENT INST BETHESDA MD
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The report summarizes progress of the DoD Life Cycle Costing Test Program since its establishment in July 1965. That program, a collective effort of the Office of the Secretary of Defense, the military departments, and defense industry, is assessing the practicability of making contract awards on the basis of estimated future logistics costs as well as purchase price. The thirty-five questions most frequently asked during the test program are presented and answered. Seven test procurements are described.
- Administration and Management
- Economics and Cost Analysis
- Logistics, Military Facilities and Supplies