Issues and Problems in Life Cycle Costing in DOD Major Systems Acquisition.
Student study rept.,
DEFENSE SYSTEMS MANAGEMENT SCHOOL FORT BELVOIR VA
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Life cycle costing LCC is a widely advocated economic analysis tool and procurement technique in the Department of Defense. However, little information is readily available on the considerable difficulties which exist in implementing or employing LCC as a practical, convenient, everyday tool in defense decision making. This study was undertaken to highlight the weaknesses and limitations of LCC as a means of strengthening it through more enlightened applications and more productive development of LCC methodology.
- Economics and Cost Analysis
- Logistics, Military Facilities and Supplies