Abstract

When pursuing business by competing for government contracts, proving the submitted price is reasonable is often required. This proof is called a test of reasonableness. This study analyzes data from historical aircraft programs in relation of a new aircraft program in order to demonstrate the estimated cost of the new program is reasonable. The purpose of this study is to investigate three questions. Is the new program cost reasonable using current industry and government parameters? Is it better to look at programs from a total cost perspective or break the total cost into subcategory levels? Finally, this study applies a log linear model, Cobb Douglas model, and fitted linear model to the data. Does a proposed method provide greater statistical significance than the others?

Committee Chair

Siddhartha Chib

Committee Members

Edward Spitznagel, Jeff Gill

Comments

Permanent URL: https://doi.org/10.7936/K75D8Q4F

Degree

Master of Arts (AM/MA)

Author's Department

Statistics

Author's School

Graduate School of Arts and Sciences

Document Type

Thesis

Date of Award

Spring 5-2016

Language

English (en)

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