Brac to the Future

<p>This thesis uses regression to analyze the savings resulting from the previous four rounds of BRAC in terms of their affect on each of the Air Force budget appropriations. For each appropriation while the number of major installations initially appears to be a significant determinant in explaining the change in the budget the number of bases becomes insignificant if a surrogate for Air Force mission requirements is included as the explanatory variable. We tested three surrogate measures for mission requirements: number of flying hours number of aircraft and number of active duty personnel. In each case we found the number of active duty Air Force members to be a better predictor of the budget level than the regression model that included the number of major installations. We conclude that mission requirements are a better indicator of the required funding than the number of major installations.</p><p>This work has been selected by scholars as being culturally important and is part of the knowledge base of civilization as we know it. This work was reproduced from the original artifact and remains as true to the original work as possible. Therefore you will see the original copyright references library stamps (as most of these works have been housed in our most important libraries around the world) and other notations in the work.</p><p>This work is in the public domain in the United States of America and possibly other nations. Within the United States you may freely copy and distribute this work as no entity (individual or corporate) has a copyright on the body of the work.</p><p>As a reproduction of a historical artifact this work may contain missing or blurred pages poor pictures errant marks etc. Scholars believe and we concur that this work is important enough to be preserved reproduced and made generally available to the public. We appreciate your support of the preservation process and thank you for being an important part of keeping this knowledge alive and relevant.</p>