Accession Number:

ADA275694

Title:

Obtaining Feedback on the Life Cycle Cost Analysis of the Standard Engine Test System

Descriptive Note:

Corporate Author:

NAVAL AIR WARFARE CENTER AIRCRAFT DIV LAKEHURST NJ

Personal Author(s):

Report Date:

1993-07-30

Pagination or Media Count:

34.0

Abstract:

The Naval Air Warfare Center Aircraft Division is the cognizant field activity for the Navys engine test systems. The Cost Analysis and Estimating Section completed a life cycle cost analysis for the Standard Engine Test Systems SETS which is the Navys latest generation engine test system. A conservative LCC savings estimate of 862M was generated even though the acquisition cost for the sets is much higher than the acquisition cost for the engine test systems that it replaces. Determining the accuracy of a LCC analysis is important. Generation of cost element relationships CER, quality data bases, and proper calibration of costs estimating processes is important to ensure the validity of future estimates and maintaining the confidence of the program managers. This paper will focus on the verification of the results of the initial report and offer a comparison between the expected and actual life cycle costs. The lead time for support equipment is shorter than many of the larger more complex systems and products, thereby allowing us the ability to develop cost performance measurement results. The presentation will conclude with a lessons learned discussion for LCC analyses.

Subject Categories:

  • Aircraft
  • Economics and Cost Analysis
  • Military Forces and Organizations
  • Logistics, Military Facilities and Supplies
  • Jet and Gas Turbine Engines

Distribution Statement:

APPROVED FOR PUBLIC RELEASE