Accession Number:

AD0816751

Title:

A PRIMER OF COST EFFECTIVENESS.

Descriptive Note:

Technical paper,

Corporate Author:

RESEARCH ANALYSIS CORP MCLEAN VA

Personal Author(s):

Report Date:

1967-04-01

Pagination or Media Count:

101.0

Abstract:

An elementary description of the methodology employed in cost-effectiveness studies is presented in a programmed learning format. The five essential parts of a study-the objectives, the alternative means to accomplish the objectives, the resources required, the models used to study the alternatives more completely, and the criteria for choosing among the alternatives-are presented. Life-cycle costs of systems-RDTE, initial procurement, and annual operating costs-are considered, as well as the advantages of a fixed-cost as opposed to a fixed-effectiveness approach. The importance of sensitivity analysis is stressed.

Subject Categories:

  • Economics and Cost Analysis
  • Operations Research

Distribution Statement:

APPROVED FOR PUBLIC RELEASE