1.

Record Nr.

UNINA9910220081403321

Titolo

Using the steel-vessel material-cost index to mitigate shipbuilder risk / / Edward G. Keating ... [et al.]

Pubbl/distr/stampa

Santa Monica, : Rand Corporation, c2008

ISBN

1-281-73672-4

9786611736729

0-8330-4603-9

0-8330-4498-2

Edizione

[1st ed.]

Descrizione fisica

1 online resource (xiii, 15 pages) : illustrations

Collana

Technical report ; ; TR-520-NAVY

Altri autori (Persone)

KeatingEdward G <1965-> (Edward Geoffrey)

Disciplina

338.4/7/62382

Soggetti

Shipbuilding - Costs

Shipbuilding - Materials

Ships, Iron and steel

Lingua di pubblicazione

Inglese

Formato

Materiale a stampa

Livello bibliografico

Monografia

Note generali

"Prepared for the Office of the Secretary of Defense."

"RAND National Defense Research Institute."

Nota di bibliografia

Includes bibliographical references (p. 15).

Nota di contenuto

Cover; Preface; Contents; Figures; Summary; Acknowledgments; Abbreviations; Using the Steel-Vessel Material-Cost Index to Mitigate ShipbuilderRisk; How the Navy Uses Labor- and Material-Cost Indexes; The Steel-Vessel Index; Conclusions; Appendix - Time-Phasing Material- and Labor-Cost Indexes; Revisiting a Very Simple Example; Revisiting a More Realistic Example; References

Sommario/riassunto

The more accurately a cost index captures a shipbuilder's risk, the less the Navy should have to pay its shipbuilders. The Navy uses such indexes to correct for significant cost risks outside its shipbuilders' control. A longtime material-cost index in Navy shipbuilding is the steel-vessel index, but it is outdated and volatile. The authors urge the Navy to develop a modern-vessel index that more appropriately represents the materials used today.