Forecasting Flying Hour Costs of the B-1, B-2, and the B-52 Bomber Aircraft
Stephanie L van Dyk
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Forecasting Flying Hour Costs of the B-1, B-2, and the B-52 Bomber Aircraft

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This thesis both evaluates, and presents improvements to, the current method of forecasting flying costs of Air Force aircraft. It uses depot level repairable (DRL) and consumable (CONS) data for the Air FOrce's bomber platforms: B-1B, B-2, and B-52H. The current forecasting method assumes a proportional relationship between costs and flying hours such that 1) when no hours are flown costs are zero, and 2) a 1% increase in flying hours will increase costs by 1%. The findings of this research indicate that applying log-linear ordinary least squares regression techniques may be an improved fit o...