DECISION ANALYSES USING PRESENT VALUE TECHNIQUES.
ARMY AVIATION SYSTEMS COMMAND ST LOUIS MO
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The document contains three separate papers entitled Criteria for Timing Replacement of Weapons Systems, An Analysis to Select the Best Investment from Alternative Aircraft Systems, A Risk Analysis Technique Using Present Value Theory. The difficult task of assigning a value to the performance of a military mission is undertaken, and the costs of the means of achieving that mission assessed against it to provide a measure of net benefit. The payoff is then discounted to provide the present value of a system, an action, or alternative methods of accomplishing the mission. Two examples are worked out. Author
- Operations Research
- Logistics, Military Facilities and Supplies