A methodology to evaluate military systems in Naval inventory for installation on existing Coast Guard cutters

• Main Author: Wilkinson, William Jennings
• Other Authors: Carrick, P.M.
• Language: en_US
• Published: Monterey, California. Naval Postgraduate School 2012
• Online Access: http://hdl.handle.net/10945/18197

Approved for public release; distribution unlimited. === A modified cost-benefit model is developed to evaluate alternative military equipments for installation aboard existing Coast Guard vessels. Life-cycle costs of alternative systems are used to estimate alternative systems cost. Identified are the relevant cost elements to the Coast Guard that should be included in the life- cycle cost equation. Benefits are measured in terms of the alternative's impact on assigned peacetime missions of the vessel. To arrive at an estimate of an alternative's worth over all missions a multi- attribute technique is used. Assumptions and problems associated with using multi- attribute selection criteria are discussed. The proposed model is developed for the case where the additive function criterion is deemed appropriate. A constant-sum method is developed to use subjective judgement of experts to arrive at ratio scale benefit values for the alternatives. However, the actual implementation of the model is contingent on NOSC's factor analysis of attributes currently under development.