Analysis of the Expenditure Forecasting Process within Air Force Systems Command with Emphasis on the Realization of Expenditures
AIR FORCE INST OF TECH WRIGHT-PATTERSON AFB OH SCHOOL OF SYSTEMS AND LOGISTICS
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This study investigated and documented the expenditure process within Air Force Systems Command. Specifically, this study examined the process between the time of obligation and the time of expenditure realization. Data gathered demonstrated no significance for predicting expenditure realizations. The primary focus was a graphic analysis for tendencies in the data. RDT and E appropriation tendencies proved to be similar to those for aircraft procurement appropriations. Obligation size by itself proved to be an unimportant factor in predicting expenditure realizations. The data demonstrated that approximately 85 of obligations will experience an expenditure within three years after the effective data of the obligation. This three year window is too large an area of uncertainty for predicting expenditure realizations. It was also found within this three year window an expenditure was just as likely to occur in the first, second, or third year. The results do further amplify the difficulties of producing an expenditure forecast.
- Administration and Management
- Logistics, Military Facilities and Supplies