TY - BOOK ID - 11332921 TI - Using the steel-vessel material-cost index to mitigate shipbuilder risk AU - Keating, Edward G. AU - United States. AU - National Defense Research Institute (U.S.) PY - 2008 SN - 0833042297 9786611736729 0833046039 1281736724 0833044982 9780833046031 9780833042293 9781281736727 6611736727 9780833044983 PB - Santa Monica : Rand Corporation, DB - UniCat KW - Shipbuilding -- Costs. KW - Shipbuilding -- Materials. KW - Ships, Iron and steel. KW - Shipbuilding KW - Ships, Iron and steel KW - Naval Architecture KW - Military & Naval Science KW - Law, Politics & Government KW - Military planning KW - War on Terrorism, 2001-2009 KW - Armies KW - Costs KW - Materials KW - Costs. KW - Materials. KW - Iron and steel ships KW - Iron ships KW - Steel and iron ships KW - Steel ships KW - Iron, Structural KW - Naval architecture KW - Armored vessels KW - Shipbuilding subsidies UR - https://www.unicat.be/uniCat?func=search&query=sysid:11332921 AB - The more accurately a cost index captures a shipbuilder's risk, the less the Navy should have to pay its shipbuilders. The Navy uses such indexes to correct for significant cost risks outside its shipbuilders' control. A longtime material-cost index in Navy shipbuilding is the steel-vessel index, but it is outdated and volatile. The authors urge the Navy to develop a modern-vessel index that more appropriately represents the materials used today. ER -