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Physical Sciences and Mathematics Commons

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Statistics and Probability

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Air Force Institute of Technology

2020

Forecasting

Articles 1 - 2 of 2

Full-Text Articles in Physical Sciences and Mathematics

Cost Estimating Using A New Learning Curve Theory For Non-Constant Production Rates, Dakotah Hogan, John J. Elshaw, Clay M. Koschnick, Jonathan D. Ritschel, Adedeji B. Badiru, Shawn M. Valentine Oct 2020

Cost Estimating Using A New Learning Curve Theory For Non-Constant Production Rates, Dakotah Hogan, John J. Elshaw, Clay M. Koschnick, Jonathan D. Ritschel, Adedeji B. Badiru, Shawn M. Valentine

Faculty Publications

Traditional learning curve theory assumes a constant learning rate regardless of the number of units produced. However, a collection of theoretical and empirical evidence indicates that learning rates decrease as more units are produced in some cases. These diminishing learning rates cause traditional learning curves to underestimate required resources, potentially resulting in cost overruns. A diminishing learning rate model, namely Boone’s learning curve, was recently developed to model this phenomenon. This research confirms that Boone’s learning curve systematically reduced error in modeling observed learning curves using production data from 169 Department of Defense end-items. However, high amounts of variability in …


Analysis And Forecasting Of The 360th Air Force Recruiting Group Goal Distribution, Tyler Spangler Mar 2020

Analysis And Forecasting Of The 360th Air Force Recruiting Group Goal Distribution, Tyler Spangler

Theses and Dissertations

This research utilizes monthly data from 2012-2017 to determine economic or demographic factors that significantly contribute to increased goaling and production potential in areas of the 360th Recruiting Groups. Using regression analysis, a model of recruiting goals and production is built to identify squadrons within the 360 RCGs zone that are capable of producing more or fewer recruits and the factors that contribute to this increased or decreased capability. This research identifies that a zones high school graduation rate, the number of recruiters, and the number of JROTC detachments in a zone are positively correlated with recruiting goals and that …