Date of Award

12-1992

Document Type

Thesis

Degree Name

Master of Science

Department

Department of Operational Sciences

First Advisor

John P. Cain, PhD

Second Advisor

Kenneth W. Bauer, Jr., PhD

Abstract

This thesis is about computing life cycle cost and culminates with a life cycle cost forecasting tool (software). The software is written in FORTRAN 77 and uses IMSL subroutine extensively for random number generation from various distributions. The algorithm can compute life cycle cost for the following types of cost elements: constant, stochastic, and cost estimating relationships (CERs). The use of a trapezoid approximation of payment allocation is allowed. Percent allocation of payments is also allowed and is recommended where the trapezoid fails to correctly represent the payment schedule. The CER algorithm handles cost data that was estimated in base 10, in natural logarithm, or in logarithm.

AFIT Designator

AFIT-GOR-ENS-92D-01

DTIC Accession Number

ADA259016

Comments

The author's Vita page is omitted.

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