By Edward Geoffrey Keating, Susan M. Gates
The security Finance and Accounting carrier (DFAS), created in 1991 throughout the consolidation of army service-specific accounting and finance operations, presents a number of companies to division of safeguard (DoD) shoppers, similar to payroll, invoice cost, and new release of accounting statements. studying DFAS information on expenses and workload to discover percentages for more desirable operations, the authors argue that present linear pricing of DFAS companies is irrelevant. specifically, DFAS costs neither raise nor reduce commensurate with workload. DFAS's pricing should be more advantageous through a swap to a nonlinear method, dispensing mounted expenses between consumers utilizing open-the-door move funds and charging basically incremental bills to consumers on a consistent with paintings unit foundation. any such pricing reform will require adjustments to present safety operating Capital Fund (DWCF) laws.
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Extra resources for Defense working capital fund pricing policies: insights from the Defense Finance and Accounting Service
Example text
The cost/workload index we have created accounts for output mix variation by calculating the weighted average of the expected costs of each output. If actual costs equal expected costs in a particular time period, the index has a value of 1. When actual costs are less than expected costs, the index has a value less than 1. The expected cost for a particular output is the average cost of producing that output over the data's full time period for a specific entity (DFAS, a region, a center, or an OPLOC).
This research was briefed to Gary Amlin, the acting director of DFAS, on August 31, 1998. This research was presented at a RAND Logistics lunch on October 2, 1998. Also, it was briefed at the DFAS Resource Management Conference in Arlington, Virginia on November 19, 1998. An earlier version of this research was presented to a RAND Forces and Resources Policy seminar on May 7, 1998. Comments by seminar participants were most appreciated. Of course, remaining errors are the authors' responsibility.
Once these prices are established, DFAS's actual revenue is a linear function of the number of work units purchased by customers. One additional work unit increases DFAS's revenue by the prespecified price of that type of work unit. One less work unit decreases DFAS's revenue by the prespecified price of that type of work unit. Costs Unlike many governmental organizations, DFAS has a useful data set that calibrates its costs and workload over time. , the number of commercial invoices processed) for each designated financial service and location.
