Factors affecting Navy Working Capital Fund (NWCF) net operating result: a case study of Naval Facilities Engineering Command Washington, Washington D.C.
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Authors
Duong, Tamanh Q.
Uribe, Juan C.
Johnson, Greg R.
Subjects
Navy Working Capital Fund
Net Operating Result (NOR)
Accumulative Operating Result (AOR)
Naval Facilities Engineering Command (NAVFAC)
Public Works Department (PWD)
Utilities
Labor Hours
Expenses
Revenues
Break Even
Budget Forecasting
Business Model
Variance Analysis
Stabilized Rate
Financial Management
Operations
Policy
Workload
Industrial Business Information System (IBIS)
Net Operating Result (NOR)
Accumulative Operating Result (AOR)
Naval Facilities Engineering Command (NAVFAC)
Public Works Department (PWD)
Utilities
Labor Hours
Expenses
Revenues
Break Even
Budget Forecasting
Business Model
Variance Analysis
Stabilized Rate
Financial Management
Operations
Policy
Workload
Industrial Business Information System (IBIS)
Advisors
Jones, Lawrence R.
Potvin, Lisa
Date of Issue
2009-12
Date
Publisher
Monterey, CA; Naval Postgraduate School
Language
Abstract
Over the past four years, Naval Facilities Engineering Command (NAVFAC) Washington has encountered net operating result (NOR) losses not anticipated in the Navy Working Capital Fund (NWCF) budget. These unanticipated losses primarily stemmed from three major factors associated with financial operations. The first factor is the creation of stabilized rates that turned out to be insufficient during fiscal years 2006, 2007 and 2008. The second factor is the disparity between the budgeted and actual average labor hours worked. The third factor is the continued rising cost of purchased utility commodities in support of the services rendered to the customers, coupled with the inadequate revenues generated from utilities services performed. This MBA research project uses the labor and budget information provided by the command to assist them: (1) determining the financial impacts due to inaccurate projected labor hours, (2) evaluating the current policy concerning stabilized rates, (3) mitigating the impact associated with the rising cost of purchased utilities, and (4) developing an improved model for estimating future expenses and revenues.
Type
Thesis
Description
MBA Professional Report
Series/Report No
Department
Identifiers
NPS Report Number
Sponsors
Funding
Format
xxii, 76 p. : 1 col. map
28 cm.
28 cm.
Citation
Distribution Statement
Approved for public release; distribution is unlimited.