Weapon System Life Cycle Costing.
Operations analysis rept.,
AIR FORCE LOGISTICS COMMAND WRIGHT-PATTERSON AFB OHIO OPERATIONS ANALYSIS OFFICE
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The paper reports on the work of drafting a Dod Guide on the application of LCC to acquisition of major weapon systems. The approach prescribes standard LCC equations, the contractors provide the input for the equations, and the test program applied to the winning bidder provides the discipline needed if biased LCC estimates are to be avoided. The methodology is built around the general idea that system acquisition entails a multitude of decisions which should all be made through cost-effectiveness analyses, and that the cost aspects of these analyses should be in LCC terms. Author
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