Summaries - Office of Research & Innovation
Research Summaries
Back Modeling and Analysis of Total Ownership Cost for Surface Ship EO/IR Systems
Fiscal Year | 2017 |
Division | Research & Sponsored Programs |
Department | Naval Research Program |
Investigator(s) | Gallup, Shelley P. |
Sponsor | NPS Naval Research Program (Navy) |
Summary | The modeling and analysis of total ownership costs (TOC) is a daunting task to say the least. Depending on the system or initiative, TOC can cover dozens, if not hundreds of small items that go into a large basket that is cost. Computer code, hardware, software, maintenance, operations, research, electricity, testing, downtime, acquisition, outage, failure, security, depreciation, training, warranties, licensing, and a multitude of additional items can be associated with the life-cycle and total lifetime direct and indirect costs of a project, program, or initiative. The idea of performing a TOC analysis is typically for the justification of a financial or economic decision, such as determining the project or program's net present value, internal rate of return, return on investment, payback period, and the like; in other words, if a program or initiative should be accepted or rejected based solely on its economic justification. |
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Publications | Publications, theses (not shown) and data repositories will be added to the portal record when information is available in FAIRS and brought back to the portal |
Data | Publications, theses (not shown) and data repositories will be added to the portal record when information is available in FAIRS and brought back to the portal |