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Finance and Financial Management

1996

Airplanes--Fuel consumption--Forecasting

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An Evaluation Of U.S. Air Force Aviation Fuel Consumption Factors To Accurately Predict Aviation Fuel Costs By Aircraft Mission, Design, And Series, Jodi A. Clayton Sep 1996

An Evaluation Of U.S. Air Force Aviation Fuel Consumption Factors To Accurately Predict Aviation Fuel Costs By Aircraft Mission, Design, And Series, Jodi A. Clayton

Theses and Dissertations

The purpose of this thesis was to undertake a systematic, scientific study of the accuracy of Air Force published fuel factors to estimate fuel costs at MAJCOM level by mission, design, and series (MDS) since the implementation of the Fuels Automated Management System (FAMS) under the current environment of decentralized aviation fuel (AVFUEL) funding. The research found that, at MAJCOM level, the use of USAF published AVFUEL factors in estimating out-year costs would have overstated costs in both fiscal year (FY) 1994 and FY 1995 by $2.5 M (FY 1994), by $.25 M (FY 1995), and may potentially understate costs …