Term
Directorate of Manpower, Organization & Resources
Person:
Deputy Chief of Staff for Manpower and Personnel |
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Definition
| What office has the oversight responsibility for the base PECI program? |
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Term
Unit receiving funds
must pay its own recurring O&S costs for new equipment |
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Definition
What unit or organization pays for the recurring operation and support (O&S) costs for new equipment?
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Term
DWCF
(4930)
Builds on revolving fund principles
- consolidation of like functions
- increasing cost visibility
- realizing significant monetary savings through better business practices
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Definition
The _____ operates with financial principles that provide improved cost visibility and accountability to enhance business management and improve the decision making process.
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Term
| quality products and services at the lowest cost |
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Definition
| The primary purpose of the DWCF is to provide a business management structure that encourages managers and employees of DoD support organizations to provide _______. |
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Term
Appropriation
or
transfer of resources from existing appropriations
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Definition
| How does the Air Force Working Capital Fund receive its initial resources to finance products or services? |
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Term
- Sale of items
- Services to appropriated funded customers |
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Definition
| How does the AFWCF generate its revenue? |
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Term
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Definition
| What appropriations are used to fund local purchase of centrally-managed items? |
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Term
57* 3080
(BPAC 84XXXX)
+ $250K
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Definition
| What appropriation is used for purchasing Base Procured Investment Equipment? |
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Term
1. Fast Payback Capital Investment Program (FASCAP)
2. Productivity Investment Fund (PIF) Program |
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Definition
| What programs belong to the Air Force Productivity Enhancing Capital Investment (PECI)? |
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Term
Projects less than $250K - FASCAP
Projects over $250K - PIF |
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Definition
| What are the dollar amount ranges for projects in order to qualify for PECI funds? |
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Term
1. FASCAP - 2 years
2. PIF - 4 years
PIF project officers measure the estimated savings at the dollar rate of 2 years past the current fiscal year. |
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Definition
What are the allowed time frames for PECI projects to generate enough savings to amortize all investment costs?
(ROI) |
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Term
1. Return on Investment (ROI)
2. Payback Period
3. Mission Critically
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Definition
| What factors are used when the MAJCOM PECI analysts and HQ USAF Productivity Office prioritize the projects for qualified FASCAP and PIF at their own discretion? |
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Term
1. Consolidated Sustainment Activity Group (CSAG)
2. Supply Management Activity Group-Retail (SMAG-R) |
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Definition
| What are the primary business areas of the Air Force Working Capital Fund (AFWCF)? |
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Term
CSAG - Consolidated Sustainment Activity Group
Two divisions:
1. Maintenance Division
2. Supply Division |
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Definition
The _____ is primarily responsible for Air Force-managed, depot-level reparable spares and consumable spares unique to the Air Force.
What are the two divisions? |
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Term
1. General Support
2. Medical - Dental
3. United States Air Force Academy |
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Definition
| What are the major divisions of Supply Management Activity Group (SMAG)-Retail? |
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