A hybrid approach to the valuation of RFID/MEMS technology applied to ordnance inventory

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Authors
Doerr, Kenneth H.
Gates, William R.
Mutty, John E.
Subjects
Microelectromechanical systems
Ordnance
Automation
Radiofrequency
Surveillance
Advisors
Date of Issue
2005
Date
2005
Publisher
Monterey, California. Naval Postgraduate School
Language
Abstract
We report on an analysis of the costs and benefits of fielding Radio Frequency Identification / MicroElectroMechanical System (RFID /MEMS) technology for the management of ordnance inventory. A factorial model of these benefits is proposed. Our valuation approach combines a multi-criteria tool for the valuation of qualitative factors with a monte-carlo simulation of anticipated financial factors. In a sample survey, qualitative factors are shown to account of over half of the anticipated benefits. The scale of the financial benefits, however, was sufficiently great to obviate the need for further analysis of qualitative factors.
Type
Technical Report
Description
Series/Report No
Department
Graduate School of Business & Public Policy (GSBPP)
Identifiers
NPS Report Number
NPS-GSBPP-05-013
Sponsors
Funder
Format
vi, 30 p.: ill.
28 cm.
Citation
Distribution Statement
Approved for public release; distribution is unlimited.
Rights