TY  - BOOK
AU  - Keating,Edward G.
AU  - Loredo,Elvira N.
ED  - Rand eBooks.
TI  - Valuing programmed depot maintenance speed: an analysis of F-15 PDM 
SN  - 0833039687 (pbk. : alk. paper)
AV  - UG1242.F5 K43 2006
PY  - 2006///
CY  - Santa Monica, CA
PB  - RAND
KW  - Eagle (Jet fighter plane)
KW  - Maintenance and repair
KW  - Costs
KW  - Evaluation
KW  - Fighter planes
KW  - United States
KW  - Electronic books
KW  - local
N1  - Includes bibliographical references (p. 41); Introduction -- The F-15 and its programmed depot maintenance -- A simple valuation of expedited PDM -- Valuing F-15 PDM speed with declining aircraft valuation -- Robustness explorations -- Conclusions -- Appendix A: calculating PDM acceleration valuations -- Appendix B: PDM speed for new military aircraft; Also available on the internet via WWW in PDF format
N2  - Part of a larger RAND Project Air Force study on capability-based programming, this report introduces a revealed preference methodology to estimate the value to the United States Air Force of expediting F-15 fighter jet programmed depot maintenance (PDM). Such a valuation estimate would be useful in depot-level cost-benefit analysis. The authors rely on the fact that the Air Force has chosen to pay for intermittent PDM on F-15s to assert that F-15s must have enough value after PDM visits to justify PDM costs. Air Force expenditure data suggest that a typical fiscal year 2005 PDM visit cost about $3.2 million. Using the aircraft valuation curves consistent with PDM being worthwhile, the authors find that expediting an F-15's last PDM visit by a month must be worth at least $60,000. However, using a plausible annual aircraft valuation decline rate, they find that expediting an old F-15's last PDM visit by a month would be worth around $75,000, while expediting a new F-15's first PDM visit by a month would be worth more than $180,000. This report also explores various robustness enhancements. Consideration of aging aircraft issues, for instance, tends to increase the estimated value of expedited PDM
UR  - http://ezproxy.alfaisal.edu/login?url=http://www.rand.org/pubs/technical_reports/TR377/
ER  -