Accession Number:

ADA160941

Title:

An Information Value Metric for Cost Data Structures,

Descriptive Note:

Corporate Author:

OFFICE OF THE SECRETARY OF DEFENSE WASHINGTON DC DIRECTOR PROGRAM ANALYSIS AND EVALUATION

Personal Author(s):

Report Date:

1985-01-01

Pagination or Media Count:

8.0

Abstract:

Efforts in OSDPAE to obtain more detailed total-program-cost estimates for a major weapon system Program A motivated the development of a way to calculate the amount of detail in a cost reports. The resulting measure, called the Equivalent Equal-Value Cateogyr EEVC measure, is derived from a basic formula of the statistical theory of communication. The EEVC measure is applied to cost estimates of Program A and of analogous programs, and to pertinent cost reporting outlines. Limitations of the EEVC measure are discussed, its current implementation is described, and areas for its further development are indicated.

Subject Categories:

  • Administration and Management
  • Economics and Cost Analysis
  • Logistics, Military Facilities and Supplies

Distribution Statement:

APPROVED FOR PUBLIC RELEASE