Date of Award

9-1994

Document Type

Thesis

Degree Name

Master of Science

First Advisor

Russ Anible, PhD

Second Advisor

Judy A. Ford, PhD

Abstract

The purpose of this thesis was to perform an ownership/lease cost comparison analysis, including the investigation of qualitative issues, of heavy equipment motor vehicles in Air Force Materiel Command AFMC. The study examined 11 types of special purpose vehicles. Ownership cost was determined using vehicles within the categories of interest from all AFMC installations. Four AFMC installations were sampled for lease cost data and qualitative information. Once an ownership cost was determined, a comparative analysis was accomplished with lease cost information. This was done using hourly and annual cost data. Qualitative issues surrounding possible lease initiatives were addressed. Findings indicated significant cost savings would be realized if short-term, or as needed, leasing practices were adopted for low utilization vehicles. Additionally, the research found qualitative issues and mission requirements may prohibit a complete conversion to a leased special purpose fleet. The research concluded that leasing is cost effective and should be considered as a possible alternative to ownership in Air Force Materiel Command. Also, any lease initiative must include cost, utilization, and qualitative information in the decision process.

AFIT Designator

AFIT-GLM-LAL-94S-23

DTIC Accession Number

ADA285015

Comments

Co-authored thesis.

The authors' Vita pages are omitted.

Presented to the Faculty of the School of Logistics and Acquisition Management of the Air Force Institute of Technology.

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