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Abstract:
This report extends and revises Technical Report 76-1A which presents and describes the Historical Inflation Program, a computerized program generating historical inflation indices for the procurement of Army aircraft. The program can be updated monthly, is easily revised for changes in Bureau of Labor Statistics methods, and capable of handling data for all fiscal year formats. Output is expressed as monthly, quarterly, calendar year inflation indices (in Calendar Year 1967 base) and inflation factors (in any Fiscal Year base). This report contains updated tables of inflation factors, expressed in a FY 76 base. These indices and factors provide a means of adjusting historical cost data for the procurement of Army aircraft to constant year dollars. New features added since the previous report include: computations for the Derivation of Revised Weighting Factors, detailed indices enabling the adjustment of historical Labor and Material costs separately, and a more complete explanation and additional documentation aimed at making the report more useful to a larger cross section of the DOD community. (Author)
| Description: |
Final rept. |
| Pages: |
60 |
| Report Date: |
MAY 1977 |
| Report Number: |
A732040 |
Report Unavailable |
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