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Developing an Aggregate Marginal Cost Per Flying Hour Model for the U.S. Air Force’s F-15 Fighter Aircraft

Patrick D. Armstrong

Flying operations comprise 49% of the US Air Force readiness budget. Current forecast models of the Cost Per Flying Hour (CPFH) program suffer significant errors. These errors are as high as 25% of total annual cost, which is equivalent to the entire US Air Force space budget. These forecast errors place considerable budgetary and operational readiness risk on the US Air Force....

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