Date of Award

9-1991

Document Type

Thesis

Degree Name

Master of Science

First Advisor

Leroy H. Gill, PhD

Abstract

This study examined the history of the development of life cycle costing (LCC) in the DOD and USAF, and reviewed 11 'mainstream' LCC models currently being used by the Air Force including the LSC, LCCH, ZCORE, CASA, PRICE H, PRICE HL, PRICE M, PRICE S, MLCC, Dyna-METRIC, and LCOM models. A literature search revealed that the last comprehensive reviews of LCC modeling in the USAF were conducted in the 1970s by the Joint AFSC/AFLC Commanders' Working Group on LCC and Rand. LCC's initial development, in the 1960s, was prompted by rapid increases in operating and support (O and S) costs as a percentage of the DOD budget. However, despite regulatory effort, LCC did not gain equal status with performance and schedule in acquisition programs until the 1980s. The review of LCC models revealed that a number of problems identified by JCWG and Rand during the 1970s still existed. Principally, the problem of gathering data for LCC analyses is still a major concern, both in relation to the validity of the data gathered and the time taken to collect necessary information.

AFIT Designator

AFIT-GLM-LSY-91S-66

DTIC Accession Number

ADA246721

Comments

The author's Vita page is omitted

Presented to the Faculty of the School of Systems and Logistics of the Air Force Institute of Technology, Air University, in Partial Fulfillment of the Requirements for the Degree of Master of Science

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