Gregory Brown, E. White, J. Ritschel, Michael J. Seibel
{"title":"Time Phasing Aircraft R&D Using the Weibull and Beta Distributions","authors":"Gregory Brown, E. White, J. Ritschel, Michael J. Seibel","doi":"10.1080/1941658X.2015.1096219","DOIUrl":null,"url":null,"abstract":"Early research on time phasing primarily focuses on the theoretical foundation for applying the cumulative distribution function, or S-curve, to model the distribution of development expenditures. Minimal methodology prior to 2002 provides for estimating the S-curve’s parameter values. Brown et al. (2002) resolved this shortcoming through regression analysis, but their methodology is not specific to aircraft and does not consider aircraft-specific variables, such as first flight. Using a sample of 26 Department of Defense aircraft programs, we build upon Brown et al.’s work by examining whether a model driven by aircraft-specific variables can more accurately predict budget requirements. As a baseline, we compare our model to the commonly cited 60/40 “rule of thumb,” which assumes 60% expenditures at 50% schedule. We discover that our developed Weibull model explains 74.6% of total variation in annual budget, improving the estimation of budgets by 6.5%, on average, over the baseline 60/40 model.","PeriodicalId":390877,"journal":{"name":"Journal of Cost Analysis and Parametrics","volume":"42 1","pages":"0"},"PeriodicalIF":0.0000,"publicationDate":"2015-09-02","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"7","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"Journal of Cost Analysis and Parametrics","FirstCategoryId":"1085","ListUrlMain":"https://doi.org/10.1080/1941658X.2015.1096219","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"","JCRName":"","Score":null,"Total":0}
引用次数: 7
Abstract
Early research on time phasing primarily focuses on the theoretical foundation for applying the cumulative distribution function, or S-curve, to model the distribution of development expenditures. Minimal methodology prior to 2002 provides for estimating the S-curve’s parameter values. Brown et al. (2002) resolved this shortcoming through regression analysis, but their methodology is not specific to aircraft and does not consider aircraft-specific variables, such as first flight. Using a sample of 26 Department of Defense aircraft programs, we build upon Brown et al.’s work by examining whether a model driven by aircraft-specific variables can more accurately predict budget requirements. As a baseline, we compare our model to the commonly cited 60/40 “rule of thumb,” which assumes 60% expenditures at 50% schedule. We discover that our developed Weibull model explains 74.6% of total variation in annual budget, improving the estimation of budgets by 6.5%, on average, over the baseline 60/40 model.