Accession Number:

ADA045259

Title:

A Simple Statistical Method of Presenting the Uncertainty Associated with Life Cycle Cost Estimates.

Descriptive Note:

Study project rept.,

Corporate Author:

DEFENSE SYSTEMS MANAGEMENT SCHOOL FORT BELVOIR VA

Personal Author(s):

Report Date:

1973-05-01

Pagination or Media Count:

44.0

Abstract:

DoD and the Services have shown a growing awareness of the importance of considering the uncertainty associated with LCCEs during the decision-making process. This report develops a simple technique that may be used by system acquisition managers to display this uncertainty as a band or range of possible costs with a most-likely cost also specified. Author

Subject Categories:

  • Economics and Cost Analysis
  • Statistics and Probability
  • Logistics, Military Facilities and Supplies

Distribution Statement:

APPROVED FOR PUBLIC RELEASE