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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Bibliographic Details
Corporate Authors: United States. Dept. of Defense. Office of the Secretary of Defense (-), National Defense Research Institute (U.S.)
Other Authors: Keating, Edward G. (Edward Geoffrey), 1965- (-)
Format: eBook
Language:Inglés
Published: Santa Monica : Rand Corporation c2008.
Edition:1st ed
Series:Technical report (Rand Corporation) ; TR-520-NAVY.
Subjects:
See on Biblioteca Universitat Ramon Llull:https://discovery.url.edu/permalink/34CSUC_URL/1im36ta/alma991009433085106719
Description
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 A longtime material-cost index in Navy shipbuilding is the steel-vessel index, but it is outdated and volatile.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.
Item Description:"Prepared for the Office of the Secretary of Defense."
"RAND National Defense Research Institute."
Physical Description:1 online resource (xiii, 15 pages) : illustrations
Also available via the World Wide Web
Bibliography:Includes bibliographical references (p. 15).
ISBN:9781281736727
9786611736729
9780833046031
9780833044983