THE IMPORTANCE OF THE LIFE CYCLE ESTIMATIONS IN THE MILITARY SYSTEM Cover Image

THE IMPORTANCE OF THE LIFE CYCLE ESTIMATIONS IN THE MILITARY SYSTEM
THE IMPORTANCE OF THE LIFE CYCLE ESTIMATIONS IN THE MILITARY SYSTEM

Author(s): Gabriel Dănuț Grosu
Subject(s): Economy, Business Economy / Management
Published by: Regional Department of Defense Resources Management Studies
Keywords: life cycle cost; equipment; estimation; process;

Summary/Abstract: The impact of financial resources plan for acquisition programs needs to be assessed in the medium term and even longer because it may be that some equipment needed for getting one capability to have an acquisition cost less but their operation throughout the life cycle imposes high costs. These costs gathered with the cost of acquisition can exceed the costs during the life cycle of other equipment (wherewith they get the same capability) that initially purchase at a higher price but on the same lifetime operating costs were much lower.

  • Issue Year: 9/2014
  • Issue No: 9
  • Page Range: 120-126
  • Page Count: 7
  • Language: English
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