Who Should Own the Fleet?
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Authors
Block, Michael Kent
Subjects
Advisors
Date of Issue
1974
Date
1974
Publisher
Language
Abstract
The subject of leasing in the public sector and, in particular, the concept of the Navy leasing its auxiliary ships first came to my attention while reviewing the background studies for the CEB presentation on the AO-75. In these studies the analyst was able to establish leasing as a preferred alternative over purchase. This was accomplished by using the present discounted value of the various dollar "cost" streams and then ranking the alternatives on the basis of minimum discounted values. As it turned out, the present discounted value of the lease option ($214.3) was less than the present dis-counted value of the purchase option ($360.n and, thus, leasing was presented as a cost-effective method of obtaining AO's….
Type
Article
Description
Written while Associate Professor of Economics, Naval Postgraduate School, Monterrey, California
Series/Report No
Department
Organization
Naval Postgraduate School (U.S.)
Identifiers
NPS Report Number
Sponsors
Funding
Format
19 p.
Citation
Distribution Statement
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.