Annual Technical Symposium (29th), Achieving Affordable Performance, Held in Arlington, Virginia on May 28, 1992
NAVAL SEA SYSTEMS COMMAND WASHINGTON DC
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With the demands for accuracy in the prediction of cost expenditure and growth in these times when the budget is continually being constrained, managers are searching for tools which will assist them in monitoring their contract expenditures. Utilizing statistical modelling, simple linear regression and polynomial regression, expenditure curves have been determined for specific ship classes as a percent of budget over time. Potential applications include identification of optimal build schedules and prediction of cost growth over contract life. Analysis is based on data obtained from the Defense Acquisition Executive Summary DAES reports and represents an aggregate of ship contracts by class.
- Economics and Cost Analysis
- Marine Engineering