Using the steel-vessel material-cost index to mitigate shipbuilder risk
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...
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| Format: | eBook |
| Language: | English |
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Santa Monica
Rand Corp.
2008, 2008
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| Series: | Technical report
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| Online Access: | |
| Collection: | JSTOR Open Access Books - Collection details see MPG.ReNa |
| Summary: | 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 A longtime material-cost index in Navy shipbuilding is the steel-vessel index, but it is outdated and volatile.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 |
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| Item Description: | "Prepared for the Office of the Secretary of Defense.". - "RAND National Defense Research Institute.". - Master and use copy. Digital master created according to Benchmark for Faithful Digital Reproductions of Monographs and Serials, Version 1. Digital Library Federation, December 2002 |
| Physical Description: | xiii, 15 pages illustrations |
| ISBN: | 0833044982 9780833044983 6611736727 9781281736727 1281736724 9786611736729 |