Accession Number:

ADA076924

Title:

A Cost Model for Air Force Institute of Technology Programs.

Descriptive Note:

Master's thesis

Corporate Author:

AIR FORCE INST OF TECH WRIGHT-PATTERSON AFB OH SCHOOL OF SYSTEMS AND LOGISTICS

Report Date:

1979-09-01

Pagination or Media Count:

169.0

Abstract:

This research developed a cost model to facilitate the accumulation of the full costs of individual AFIT education programs with fiscal year 1977 and 1978 data used to illustrate the model. Cost objectives, within the AFIT schools and programs, were identified for assignment of costs. Elements of cost applicable to the cost objectives were identified, defined, and categorized as direct, indirect, and other student pay and allowances. The indirect costs of education were further subcategorized as AFIT indirect, base support, and command overhead. An additional cost category of unfunded retirement was included as a separate cost element. Using these cost categories, the cost per student week for each cost objective was determined. The modular composition of the cost model provides a high degree of utility, permitting the user to delete cost components if less than a full cost profile is desired. The model permits comparison and analysis of cost components, either in total cost or in cost per student week. Additionally, the model provides the basis for cost analysis as expense data become available in future years. Finally, the model provides a framework useful for analyzing costs of other educational activities.

Subject Categories:

  • Economics and Cost Analysis

Distribution Statement:

APPROVED FOR PUBLIC RELEASE