Historical Inflation Program. A Computer Program Generating Historical Inflation Indices for Army Aircraft. Revision

摘要

This report extends and revises Technical Report 83-1 which presents and describes the Historical Inflation Program, a computer program generating historical inflation indices for Army aircraft. The program can be updated monthly, is easily revised for changes in Bureau of Labor Statistics methods, and is capable of handling data for all fiscal year formats. Output is expressed as monthly, quarterly, fiscal year, and calendar year inflation indices (in calendar year 1967 base) and inflation factors (in fiscal year base). This report contains updated tables of inflation factors, expressed in the FY 83 base. These indices and factors provide a means of adjusting historical cost data for the procurement of Army aircraft to constant year dollars. Additional features include: computations for the derivation of revised weighting factors, detailed indices enabling the adjustment of historical labor and material costs separately, a discussion of aggregate weighting factors for labor and materials (including trends from sensitivity analysis with more background materials), and additional documentation aimed at making the report useful to a large cross section of the DOD rotary wing aircraft community. This report has been revised to include the latest information concerning the UH-60A BLACK HAWK. This system has been integrated into the Historical Inflation Program for Army aircraft.