An analysis of non-integerizing the aircraft engines Cost Effectiveness Analysis Spreadsheet Model (CEAMOD Version 2.0)
Rau, Karl F.
McMasters, Alan W.
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This thesis investigated the effect of integerization in the Cost Effectiveness Analysis Spreadsheet Model (CEAMOD Version 2.0) used by the Navy and the Air Force for decision-making in their aircraft engine Component Improvement Programs (CIP). A non-integerized model was developed and sensitivity analysis was performed to determine the cost drivers of the revised model. Three major cost drivers were then utilized as sensitivity analysis tools for comparing the decision values obtained from the current model with those obtained from the revised model. The author concluded that while the non-integerized CEAMOD is more theoretically correct, it would not lead to different decisions than CEAMOD Version 2.0.
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