An economic analysis of the use of expendable light-weight air-launched practice torpedoes in the U.S. Navy.
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Authors
Payne, Douglas Wilkinson
Subjects
Advisors
Hexter, J. Lawrence
Date of Issue
1968
Date
1968
Publisher
University of Maryland
Language
en_US
Abstract
This thesis develops and exercises the methodology to assist the decision-maker in evaluating the present day concept of air-launched torpedoes in the U.S. Navy from an economic standpoint. It investigates the present recoverable torpedo doctrine with a view toward the most effective allocation of resources. The paper examines characteristics of the present system and that of an alternative system of expendable practice weapons as well as a third alternative of mixed types of practice weapons. Results of the analysis are presented as a total cost vs effectiveness and marginal cost vs effectiveness curves. This provides the decision-maker with the comparisons he requires as a basis for selecting the most economically efficient of the alternatives for different levels of output or effectiveness. Sensitivity tests are carried out to determine the effect of variations in major parameters and assumptions upon the study results.
Type
Thesis
Description
This thesis document was issued under the authority of another institution, not NPS. At the time it was written, a copy was added to the NPS Library collection for reasons not now known. It has been included in the digital archive for its historical value to NPS. Not believed to be a CIVINS (Civilian Institutions) title.
Series/Report No
Department
Organization
University of Maryland
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NPS Report Number
Sponsors
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Citation
Distribution Statement
Approved for public release; distribution is unlimited.
Rights
This publication is a work of the U.S. Government as defined in Title 17, United States Code, Section 101. Copyright protection is not available for this work in the United States.