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Acquisition Program Baseline (APB) is a term used by the United States Department of Defense to refer to a program threshold and objective values for the minimum number of cost, schedule, and performance attributes that describe the program over its life cycle.
It provides guidance, analytical support, and quantitative risk analyses to 11 major commands and the Air Force corporate staff on development of cost per flying-hour factors and resource requirements. AFCAA performs special studies supporting long-range planning, force structure, Analysis of Alternatives, and life-cycle cost analyses. [1]
In 2012, the total life-cycle cost for the entire U.S. fleet was estimated at US$1.51 trillion over a 50-year life, or $618 million per plane. [98] In hopes of reducing this high lifetime cost, the USAF is considering reducing Lockheed Martin's role in contractor logistics support. [99]
Whole-life cost is the total cost of ownership over the life of an asset. [1] [clarification needed] The concept is also known as life-cycle cost (LCC) or lifetime cost, [2] and is commonly referred to as "cradle to grave" or "womb to tomb" costs. Costs considered include the financial cost which is relatively simple to calculate and also the ...
The Air Force Life Cycle Management Center (AFLCMC), headquartered at Wright-Patterson AFB, is one of six centers reporting to the Air Force Materiel Command. [1] Led by a Lieutenant General, AFLCMC is charged with life cycle management of Air Force weapon systems from their inception to retirement. The AFLCMC mission is to support qualities of ...
Women aged 65 are expected to live to 86.9 years, while men of the same age are likely to reach 84.3 years, according to the Social Security Administration's life expectancy calculator. Retirement ...
Life-cycle cost analysis (LCCA) is an economic analysis tool to determine the most cost-effective option to purchase, run, sustain or dispose of an object or process. The method is popular in helping managers determine economic sustainability by figuring out the life cycle of a product or process.
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