Download

Download eBook for Free

FormatFile SizeNotes
PDF file 0.3 MB

Use Adobe Acrobat Reader version 10 or higher for the best experience.

Purchase

Purchase Print Copy

 FormatList Price Price
Add to Cart Paperback40 pages $30.00 $24.00 20% Web Discount

As the Army moves toward implementation of a Single Stock Fund, some of the important decisions to be made involve the pricing and credit policies that will be adopted. In the spring of 1998, the Army established a Credit/Pricing Integrated Product Team to develop alternative policies and identify criteria for evaluating them. The Arroyo Center was tasked to conduct the evaluation. This documented briefing documents the key findings of that evaluation. Five alternatives were evaluated, including one that has already been selected as the interim policy and a variant of the interim policy that incorporates a number of potential enhancements. The analysis utilized detailed data from across the Army to understand the effect of each alternative on the funds that the field would require to maintain equipment readiness and the resources that the working capital fund must have to remain solvent. The study concluded that the interim policy would be superior to the current policy in many respects, but it includes features that are likely to increase total Army procurement and repair costs. The alternative that included enhancements to the interim policy would likely avoid these shortcomings.

Research conducted by

This project was conducted in RAND's Arroyo Center.

This report is part of the RAND Corporation documented briefing series. RAND documented briefings are based on research presented to a client, sponsor, or targeted audience in briefing format. Additional information is provided in the documented briefing in the form of the written narration accompanying the briefing charts. All RAND documented briefings undergo rigorous peer review to ensure that they meet high standards for research quality and objectivity. However, they are not expected to be comprehensive and may present preliminary findings. Major research findings are published in the monograph series; supporting or preliminary research is published in the technical report series.

Permission is given to duplicate this electronic document for personal use only, as long as it is unaltered and complete. Copies may not be duplicated for commercial purposes. Unauthorized posting of RAND PDFs to a non-RAND Web site is prohibited. RAND PDFs are protected under copyright law. For information on reprint and linking permissions, please visit the RAND Permissions page.

The RAND Corporation is a nonprofit institution that helps improve policy and decisionmaking through research and analysis. RAND's publications do not necessarily reflect the opinions of its research clients and sponsors.