A “Check Engine” Light to Accelerate Change: 21st Century Approaches for Assessing Cost-Effectiveness

ARLINGTON, VA | June 30, 2021 — The Mitchell Institute for Aerospace Studies is pleased to announce a new entry in its Mitchell Forum short paper series, A “Check Engine” Light to Accelerate Change: 21st Century Approaches for Assessing Cost-Effectiveness, by Major Stefan Katz, USAF.

The Air Force and Space Force are aggressively striving to be more agile and affordable. This is a tough feat, since “agility” and “affordability” are not usually synonymous. The concept of “cost-per-effect” analysis is a big step in pursuing affordability within force development decisions, and it can also render a more agile force. Taking this a step further, the extent to which support activities and their resources contribute to any effects are calculable with the help of 21st century cost-analysis methods. This paper examines industry’s experience with one method, time-driven activity-based costing (TD-ABC), and proposes how this can be the Department of the Air Force’s path in assessing cost-per-effect.

The Forum presents innovative concepts and thought-provoking insight from aerospace experts here in the United States and across the globe. To afford publishing opportunities for thoughtful perspectives, the Forum provides high visibility to writing efforts spanning issues from technology and operational concepts to defense policy and strategy.

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Copies of all Forum Papers can be downloaded at https://mitchellaerospacepower.org/category/publications/

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