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 A longtime material-cost index in Navy shipbuilding is the steel-vessel index, but it is outdated and volatile.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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    Title :

    Using the Steel-Vessel Material-Cost Index to Mitigate Shipbuilder Risk


    Contributors:

    Publication date :

    2008


    Size :

    1 Online-Ressource



    Type of media :

    Book


    Type of material :

    Electronic Resource


    Language :

    Unknown




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