The Repair Policy Decision - Guidelines with Cost Modeling Technique
ARMY MATERIEL COMMAND TEXARKANA TX INTERN TRAINING CENTER
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The paper develops guidelines for repair policy decisions, and for a cost-based decision develops a support model from which costs peculiar to each repair policy can be identified and incorporated into a cost equation. The cost equation enumerates the costs which accrue over the life cycle. Statistical methods to determine the significance of cost differences between alternatives are considered. In order that the paper may be as widely applicable as possible, a general development of the cost equation is followed, so that a specific cost model may be developed for any repair alternative.
- Economics and Cost Analysis