The introduction of uncertainty techniques to the productivity investment fund.

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Authors
Lenio, Edward A.
Subjects
risk
defense productivity program office (DPPO)
uncertainty
Advisors
Boger, Dan C.
Date of Issue
1984-03
Date
March 1984
Publisher
Monterey, California. Naval Postgraduate School
Language
en_US
Abstract
Each year the Defense Productivity Program Office (DPPO) disburses funds for Productivity Investment Projects (PIFs) . The purpose of these projects is to increase productivity within the Department of Defense (DoD) . To enhance these efforts, DPPO requested a study to be conducted to determine if methods of risk or uncertainty will affect the results obtained by the current procedure. This study applies various principles of uncertainty to this procedure and examines their impact on the project rankings. A background of DPPO and PIFs is presented together with discussion of risk and uncertainty techniques, as well as the economic indicators used in ranking projects. A model is then explained which will introduce uncertainty into the present procedure. Results of the initial comparison and sensitivity analysis is revealed. Conclusions are drawn based on these results and recommendations concerning alternate procedures and possible further research are presented.
Type
Thesis
Description
Series/Report No
Department
Operations Research
Organization
Naval Postgraduate School (U.S.)
Identifiers
NPS Report Number
Sponsors
Funding
Format
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.
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