Term
- Research & Development (R&D)
- Investment
- Operating & Maintenance (O&M)
- Disposal
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Definition
| What are the Life-Cycle Cost Categories? |
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Term
Production & Development
Initial
Completion |
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Definition
| Investment consists of _______ and _______ costs incurred from the beginning of low rate ___________ production through _________ of deployment. |
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Term
| - Cost associated with demilitarization & disposal of a military system at the end of its useful life |
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Definition
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Term
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Definition
| What is the definition of life-cycle cost? |
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Term
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Definition
| Cost estimates are prepared in terms of base-year dollars for a selected base year. What is this also know as? |
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Term
- inflation & outlay patterns
- used as the basis for input to the programming & budgeting phases of the PPBE |
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Definition
| What is accounted for when the estimate is escalated to then-year dollars? |
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Term
- A rise in the general level of prices
- A rise in the general price level of goods & services produced in an economy |
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Definition
| What are the two common definitions of inflation? |
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Term
- simple index (single item)
- aggregate index (group of item)
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Definition
| What are the two types of inflation indexes? |
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Term
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Definition
| Which index allows looking at a group of items to see the overall change in prices? |
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Term
- labor indices
- consumer price index
- producer price index |
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Definition
| What are three of the most common Commercial Indices? |
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Term
base year dollars (BY$)
- also known as "constant year dollars" |
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Definition
| Which type of dollar reflects the value or purchasing power of the dollar in the specified constant fiscal year (FY)? |
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Term
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Definition
| What indices will be used when converting from one base year dollar to another base year dollar? |
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Term
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converting dollars from one base year to another base year (raw to raw)
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converting dollars from a base year to a then-year (raw to weighted)
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converting dollars from a then-year to a base year (weighted to raw)
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converting dollars from one then-year to another then-year (weighted to weighted)
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Definition
| What are the four calculations required for inflation adjustments? |
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