• DocumentCode
    2275162
  • Title

    Financial catscans and time

  • Author

    Howarth, Douglas K.

  • Author_Institution
    Lockheed Martin Aeronaut. Co., Palmdale, CA
  • fYear
    0
  • fDate
    0-0 0
  • Abstract
    This paper describes an optimized method for suppliers to build products based upon market economics. It demonstrates that markets (as that for business aircraft studied herein) exhibit value estimating relationships (VERs) which intersect aggregate demand curves. In any viable market, the outputs of VERs, cost estimating relationships (CERs) and aggregate demand curves, along with relevant technical, physical and legal constraints form financial opportunity spaces (FOSs). Financial opportunity spaces are three-dimensional regions which result from section cuts of cost and value spaces intersecting limiting price boundaries from their orthogonal aggregate demand curves, a fourth dimension, and time, a fifth dimension. Once financial opportunity spaces are determined, section cuts through them provide two-dimensional financial catscans. Profit potential per unit, as a one-dimensional vertical vector measured in currency, represents the height of financial catscans. Financial catscans direct financially optimized entry points into marketplaces, as well as price, value and cost attributes
  • Keywords
    aerospace industry; aircraft; costing; supply and demand; aggregate demand curves; business aircraft; cost estimating relationships; financial catscans; financial opportunity spaces; market economics; price boundaries; value estimating relationships; Aggregates; Aircraft manufacture; Aircraft propulsion; Business; Companies; Cost function; Law; Legal factors; Notice of Violation; Optimization methods;
  • fLanguage
    English
  • Publisher
    ieee
  • Conference_Titel
    Aerospace Conference, 2006 IEEE
  • Conference_Location
    Big Sky, MT
  • Print_ISBN
    0-7803-9545-X
  • Type

    conf

  • DOI
    10.1109/AERO.2006.1656184
  • Filename
    1656184