US EditionA New Financial Plan to Steady the Ship for Australia’s Naval Fleet
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Researchers develop new plan for ship lifecycle optimisation
A new planning formula to optimise the lifecycle value of Australia’s warships in an era of geopolitical instability has been proposed by researchers at the University of South Australia. Based on an existing model used in financial decision making – the Real Options Approach (ROA) – but with modifications to address the unique nature of warship planning, the formula has the potential to transform the way the Royal Australian Navy (RAN) manages …
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