Using the Steel-Vessel Material-Cost Index to Mitigate Shipbuilder Risk
| Author | : Edward G. Keating |
| Publisher | : Rand Corporation |
| Total Pages | : 30 |
| Release | : 2008-03-18 |
| ISBN-10 | : 9780833046031 |
| ISBN-13 | : 0833046039 |
| Rating | : 4/5 (039 Downloads) |
Book Synopsis Using the Steel-Vessel Material-Cost Index to Mitigate Shipbuilder Risk by : Edward G. Keating
Download or read book Using the Steel-Vessel Material-Cost Index to Mitigate Shipbuilder Risk written by Edward G. Keating and published by Rand Corporation. This book was released on 2008-03-18 with total page 30 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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 A longtime material-cost index in Navy shipbuilding is the steel-vessel index, but it is outdated and volatile.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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