Applications of Life Cycle Cost concept in weapon systems acquisition for the Korea military
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Authors
Lee, Kyu Suk
Youn, Tai Young
Subjects
life cycle cost
cost estimating model
operating and support cost
acquisition process
weapon systems
cost estimating model
operating and support cost
acquisition process
weapon systems
Advisors
Sovereign, Michael G.
Date of Issue
1986-06
Date
June 1986
Publisher
Language
en_US
Abstract
This thesis deals with the Life Cycle Cost (LCC) concept
and life cycle costing techniques. It also presents the LCC
application methodology in new weapon systems acquisition
for the Republic of Korea(R.O.K.) military.
Historically, the acquisition of a weapon system in the
Republic of Korea has been made on the basis of system
effectiveness and initial acquisition cost, with little or
no consideration being given to Operating and Support(O&S)
costs that will be incurred after the system is deployed in
the field. The Korea has concentrated on self-production
since 1976. Also, Korea still acquires most of its sophisticated
weapon systems from foreign countries. Under this
situation, broad understanding of LCC concept and techniques
are needed.
This thesis introduces the LCC concept. Life cycle
costing techniques and the methodology for Life Cycle Cost
analysis. Then, the aircraft cost-estimating models for
application are reviewed. It proceeds with applying the LCC
for the aircraft acquisition program. By using the cost-estimating
model, two alternative aircraft (F-14, F-18) and
an existing aircraft( F-4) are compared, then the preferred
alternative for the R.O.K. is selected on the basis of LCC
results. It is shown that the F-18 is the preferred alternative
aircraft among the two alternatives.
Type
Thesis
Description
Series/Report No
Department
Administrative Sciences
Organization
Naval Postgraduate School (U.S.)
Identifiers
NPS Report Number
Sponsors
Funder
Format
127 p.
Citation
Distribution Statement
Approved for public release; distribution is unlimited.
Rights
Copyright is reserved by the copyright owner