1) Your program has an RDT&E-funded project scheduled to start in December 2010 which is expected to take 16 months to complete. The project is expected to cost a total of $16 million (then-year dollars), with cost expected to be incurred at a rate of $1 million per month. It has been determined that no contractor is willing to accept a contract for less than the entire 16 months of effort. What is the correct amount to include in your budget request for this project?
$10 million for FY10 and $6 million for FY11
$16 million for FY10 and $0 million for FY11
$10 million for FY11 and $6 million for FY12
$16 million for FY11 and $0 million for FY12
2) DoD's Annual Funding policy states that the budget request for a fiscal year should be restricted to the budget authority necessary to cover all:
costs of goods and services expected to be required during that fiscal year
commitments expected to be made during that fiscal year
expenditures expected to be made during that fiscal year
outlays expected to be made during that fiscal year
3) What is the learning curve represented by the data in the following unit learning curve table?
Unit Number Production Time
1 200 hours
2 162 hours
3 143.2 hours
4 131.2 hours
81%
88%
72%
92%