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Author: Ellen Marie Pint
Publisher:
ISBN:
Category : History
Languages : en
Pages : 94
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Book Description
The U.S. Army is undergoing a major transformation to ensure that its future capabilities meet the needs of the nation. One element of its transformation strategy is the recapitalization (RECAP) program, which entails rebuilding and selectively upgrading 17 systems. The program has continuously evolved, with ongoing decisionmaking about what types of system modifications will occur and the scale of programs. Greater insight into aging effects can facilitate such decisions. This report describes regression analyses carried out to assess how vehicle age relates to annual repair costs and availability (or, conversely, downtime) for High-Mobility Multipurpose Wheeled Vehicles (HMMWVs). The study found that estimated repair costs and downtime increase with vehicle age, with the strength of both effects tapering off slightly for older vehicles. The study also found that vehicle usage, location, and variant type have significant effects. These estimated cost-versus-age and downtime-versus-age relationships were embedded in a vehicle replacement model that, given assumptions about the cost and effectiveness of RECAP, can be used to estimate the timing recommended for RECAP and replacement of HMMWVs. The model results indicate that the Army might be able to achieve modest life-cycle cost savings by replacing some HMMWV variants at an age lower than the current average fleet age, but the savings from RECAP will depend on the program's costs and its effectiveness in reducing future vehicle maintenance costs and downtime.
Author: Ellen Marie Pint
Publisher:
ISBN:
Category : History
Languages : en
Pages : 94
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Book Description
The U.S. Army is undergoing a major transformation to ensure that its future capabilities meet the needs of the nation. One element of its transformation strategy is the recapitalization (RECAP) program, which entails rebuilding and selectively upgrading 17 systems. The program has continuously evolved, with ongoing decisionmaking about what types of system modifications will occur and the scale of programs. Greater insight into aging effects can facilitate such decisions. This report describes regression analyses carried out to assess how vehicle age relates to annual repair costs and availability (or, conversely, downtime) for High-Mobility Multipurpose Wheeled Vehicles (HMMWVs). The study found that estimated repair costs and downtime increase with vehicle age, with the strength of both effects tapering off slightly for older vehicles. The study also found that vehicle usage, location, and variant type have significant effects. These estimated cost-versus-age and downtime-versus-age relationships were embedded in a vehicle replacement model that, given assumptions about the cost and effectiveness of RECAP, can be used to estimate the timing recommended for RECAP and replacement of HMMWVs. The model results indicate that the Army might be able to achieve modest life-cycle cost savings by replacing some HMMWV variants at an age lower than the current average fleet age, but the savings from RECAP will depend on the program's costs and its effectiveness in reducing future vehicle maintenance costs and downtime.
Author:
Publisher:
ISBN:
Category :
Languages : en
Pages : 0
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Book Description
The Army is currently in the midst of a recapitalization (RECAP) program that calls for the rebuilding and selective upgrading of 17 systems. Because this program's plans for the scale, scope, and type of RECAP for each of these systems have been evolving over time, the program may benefit from additional information about the relationships between Army vehicle ages and operating costs and the practical implications of those relationships. In this study, we analyzed the effects of vehicle age and other factors (such as usage, initial odometer reading, and location) on repair costs and availability and embedded our results in a spreadsheet-based vehicle replacement model used to estimate optimal replacement or RECAP age for a specific model fleet. Several prior studies that looked at vehicle age-cost relationships used such fleet-level Army data as average fleet age and total operations and maintenance (O & M) spending for a fleet. Our study used vehicle-level data, which may provide a more complete picture of aging effects. We focused on the high-mobility multipurpose wheeled vehicle (HMMWV) because of the wide age range of HMMWVs in the Army fleet, the fact that the Army has placed a high priority on HMMWV RECAP, and the HMMWV's critical role in ongoing operations. Specific research questions were as follows: How are the HMMWV's repair costs related to its age?; How is the HMMWV's availability (or, conversely stated, downtime) related to its age?; and How can information on such relationships be used to determine the ideal timing of replacement or RECAP of different HMMWV variants?
Author: United States. General Accounting Office
Publisher: DIANE Publishing
ISBN: 1428939636
Category : Military bases
Languages : en
Pages : 84
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Author: Research Institute of America, inc
Publisher:
ISBN:
Category : Corporations
Languages : en
Pages : 20
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Author: Mr.John Mendzela
Publisher: International Monetary Fund
ISBN: 1451845502
Category : Business & Economics
Languages : en
Pages : 54
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Book Description
This paper examines how major efficiency gains and improved effectiveness were simultaneously achieved at the Reserve Bank of New Zealand over a five-year period. It identifies the business management concepts that were used to transform the organization, outlines how they were applied, and evaluates the benefits obtained. The paper concludes that substantial real efficiency gains were achieved, while effectiveness was maintained or enhanced. Looking more widely, the business management concepts used to achieve these benefits could be applied to other central banks.
Author:
Publisher:
ISBN:
Category : United States
Languages : en
Pages : 388
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Author: International Monetary Fund. Monetary and Capital Markets Department
Publisher: International Monetary Fund
ISBN: 1484334167
Category : Business & Economics
Languages : en
Pages : 94
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Book Description
This paper discusses the findings of the Financial System Stability Assessment for India. Since the 2011 Financial Sector Assessment Program, India has recorded strong growth in both economic activity and financial assets, supported by important structural reforms and terms of trade gains. Increased diversification, commercial orientation, and technology-driven inclusion have supported growth in the financial industry, backed by improved legal, regulatory, and supervisory frameworks. Yet, the financial sector is facing considerable challenges, and economic growth has recently slowed down. High nonperforming assets (NPAs) and slow deleveraging and repair of corporate balance sheets are testing the resilience of the banking system, and holding back investment and growth. The authorities have been pursuing policies to accelerate the process of NPA resolution.
Author: United States. Congress. House. Committee on Appropriations. Subcommittee on Homeland Security
Publisher:
ISBN:
Category : National security
Languages : en
Pages : 1136
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Author: International Monetary Fund. African Dept.
Publisher: International Monetary Fund
ISBN: 1484305116
Category : Business & Economics
Languages : en
Pages : 104
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Book Description
In late 2016, peaceful legislative elections in December and adoption of a new constitution in the national referendum in October added more certainty to the political environment. However, social tensions arose in early 2017 with soldiers’ mutinies and a general strike of civil servants.
Author: United States. Congress. House. Committee on Appropriations. Subcommittee on Energy and Water Development
Publisher:
ISBN:
Category : Energy development
Languages : en
Pages : 1340
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