A TOTAL OWNERSHIP WITH LIFE-CYCLE COST MODEL UNDER UNCERTAINTY FOR SURFACE SHIP ELECTRO-OPTIC AND INFRARED SYSTEMS

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Authors
George, Katelyn M.
Ledbetter, Eliah J.
Subjects
cost estimation
acquisition
risk assessment
Monte Carlo risk simulation
total ownership
life-cycle cost model
electro-optical infrared
sensors
Navy
military
sensors
surface ships
Operations and Maintenance
total Ownership Cost Model
cost model under uncertainty
procurement
NAVSEA
warfare system
DoD acquisition
PEO IWS
Advisors
Mun, Johnathan C.
Mortlock, Robert F.
Date of Issue
2019-12
Date
Publisher
Monterey, CA; Naval Postgraduate School
Language
Abstract
This thesis examines the basics of total ownership cost (TOC) modeling over the life cycle of electro-optic/infrared sensors, including the inception phase of Acquisition Costs, followed by annual Operations and Maintenance (O&M) expenses, and a final set of Disposition Costs at the end of life of the sensor. This model allows cost analysts to have better decision analytics of the costs for use in cost comparisons across sensor platforms, return on investment analysis, portfolio allocation of resources, and analysis of alternatives. The findings show that the developed model is functional and could be used in the Department of Defense total ownership cost estimation process to facilitate decisions among sensor platforms.
Type
Thesis
Description
Student Thesis (NPS NRP Project Related)
Department
Organization
Naval Research Program (NRP)
Graduate School of Defense Management (GSDM)
Identifiers
NPS Report Number
Sponsors
Naval Sea Systems Command
N9 - Warfare Systems
Funder
This research is supported by funding from the Naval Postgraduate School, Naval Research Program (PE 0605853N/2098). https://nps.edu/nrp
Chief of Naval Operations (CNO)
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.