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Book An Analysis of the Effects of Aviation Career Continuation Pay  ACCP  Using an Annualized Cost of Leaving  ACOL  Approach

Download or read book An Analysis of the Effects of Aviation Career Continuation Pay ACCP Using an Annualized Cost of Leaving ACOL Approach written by H. E. Mills and published by . This book was released on 1999-09-01 with total page 134 pages. Available in PDF, EPUB and Kindle. Book excerpt: The U.S. Navy offers financial inducements to its pool of aviators as a retention tool. Navy officials are currently considering replacing the current system of bonus payments, known as Aviation Continuation Pay (ACP), with a revised system known as Aviation Career Continuation Pay (ACCP). ACCP ties annual lump sum payments to accession to seagoing career milestone billets, whereas ACP provides payment only for remaining on active duty. This thesis analyzes retention statistics from the Navy Officer Master File and other data sources to develop an Annualized Cost of Leaving (ACOL) model. The model parameter that designates a monetary equivalent for a predilection to remain in the service was extrapolated into elements of the ACCP program using career progression statistics to project the effect of switching to ACCP on retention. This extrapolation yielded an estimation of a 19.68 percent increase in the likelihood of retention through year of service (YOS) 11 to YOS 20, 29.72 percent from YOS 16 to 20, 13.9 percent from YOS 16 to 25, and 8.86 percent from YOS 21 to 25.

Book An Analysis of the Effects of Increases in Aviation Bonuses on the Retention of Naval Aviators Using an Annualized Cost of Leaving  ACOL  Approach

Download or read book An Analysis of the Effects of Increases in Aviation Bonuses on the Retention of Naval Aviators Using an Annualized Cost of Leaving ACOL Approach written by David Riebel and published by . This book was released on 1996-03-01 with total page 69 pages. Available in PDF, EPUB and Kindle. Book excerpt: The objective of this thesis is to develop an Annualized Cost of Leaving (ACOL) model to predict Naval aviator separation decisions in response to changes in aviation bonus pays, specifically Aviation Continuation Pay (ACP) and Aviation Career Incentive Pay (ACIP). The ACOL approach models an individual's decision to stay or leave the military based on the monetary differences between alternative career choices. The individual's 'taste' or preference for military versus civilian life are incorporated into the decision modeling process. The model assumes that individuals will stay in the military if the positive difference between expected military pay and expected civilian pay (the cost-of-leaving) exceeds the distaste for the military lifestyle. Officer Master File (OMF) data from the Defense Manpower Data Center (DMDC) and data developed by Turner (NPS 1995) were used to determine individual characteristics and to compute the present value of the expected military pay stream. Census Bureau data were used to estimate future expected civilians earnings. A logit regression model was developed to simulate the retention of Naval aviators in response to changes in the ACOL due to increases in ACIP or ACP. The results indicate that the proposed increases in either ACIP or ACP are cost effective ways of increasing the retention of Naval aviators.

Book The Dynamic Retention Model for Air Force Officers

Download or read book The Dynamic Retention Model for Air Force Officers written by Michael G. Mattock and published by Rand Corporation. This book was released on 2007 with total page 91 pages. Available in PDF, EPUB and Kindle. Book excerpt: The U.S. Air Force (USAF) needs accurate models to develop retention policies that ensure the force has a sufficient number of experienced officers to meet current and future requirements. The dynamic retention model (DRM) can be used to take into account the effect of the availability of multi-year contracts to certain classes of Air Force officers. Unlike the annualized cost of leaving (ACOL) model long used by researchers working on USAF personnel issues, the DRM takes into account the value an officer may place on future career flexibility in the face of uncertainty, and thus is particularly well suited to examining the effect of bonus programs that have service commitments, such as the Aviator Continuation Pay (ACP) program, which pays an annual bonus to pilots and certain groups of navigators and air battle managers who commit to extend their service for specified numbers of years or to a specified length of service.

Book The Dynamic Retention Model for Air Force Officers  New Estimates and Policy Simulations of the Aviator Continuation Pay Program

Download or read book The Dynamic Retention Model for Air Force Officers New Estimates and Policy Simulations of the Aviator Continuation Pay Program written by and published by . This book was released on 2007 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Accurate models are needed to help the USAF develop retention policies that will retain a sufficient number of officers having the right qualities. The Air Force, and researchers working on personnel issues for the Air Force and other services, have long used an annualized cost of leaving (ACOL) model to help determine how changes in compensation would affect retention. However, the ACOL model does not handle two important factors in retention decisions particularly well: future uncertainty and random "shocks." The advantage of the Dynamic Retention Model is that it allows us to model how officers might value future career flexibility in the face of uncertainty. This is important in evaluating how people will respond to contracts that obligate them to multiple years of service, such as those available under the ACP program. Advances in computer hardware and software have now made estimation of the DRM feasible on even low-end personal computers. The DRM can be used to explore different policy options by taking individual retention decisions and running them through various policy alternatives. For example, it can analyze the effect proposed changes to the ACP program, such as eliminating the until-20-YAS option or the elimination of the ACP program altogether. The DRM shows that eliminating the until-20-YAS option (while keeping the five-year contract option) results in only a small change to overall retention, while eliminating the ACP program altogether would result in the Air Force losing up to 15 percent of its most experienced officers.

Book Pay and Retention of Marine Corps Aviators

Download or read book Pay and Retention of Marine Corps Aviators written by Peter F. Kostiuk and published by . This book was released on 1985 with total page 49 pages. Available in PDF, EPUB and Kindle. Book excerpt: This report investigate the effect of pay on the retention of Marine Corps aviators. It uses a simplified version of the annualized cost of leaving (ACOL) model to estimate the impact of pay changes on the voluntary attrition of Marine aviators. The estimated pay effects are then used to evaluate the potential effect of three recent proposals to adjust the structure of Aviation Career Incentive Pay (ACIP). The analysis found that pay does have a significant effect on aviator retention. The estimated elasticity of attrition with respect to the pay differential is -0.26.(The elasticity gives the percentage change in attrition for a 1-percent change in pay.) The three proposed changes to ACIP evaluated by CNA would eliminate ACIP for officers with over 25 years of service (YOS), 20 YOS, or 12 YOS. Table I shows the associated costs and benefits of each alternative. The benefits are reduced ACIP payments, and the cost is the expense of training replacement pilots for those who will leave the military because of the pay change. The estimates show that each proposal will actually increase total expenditures once the replacement training costs are included. The aviator's decision to stay in the Marine corps is analyzed as an occupational choice, in which an individual chooses among a set of career opportunities, selecting the career that maximizes discounted lifetime earnings. For this study of aviators, the value of continuing in a military career is compared to the potential earnings of civilian airline pilots. Data form the military pay tables and on the average salaries of civilian airline pilots are used to calculate the expected present value of earnings over different lengths of time.

Book The Aviation Career Incentive Act of 1974  An Analysis of Short Range Results in the United States Air Force  1974 1977

Download or read book The Aviation Career Incentive Act of 1974 An Analysis of Short Range Results in the United States Air Force 1974 1977 written by Kenneth E. McAlear and published by . This book was released on 1978 with total page 97 pages. Available in PDF, EPUB and Kindle. Book excerpt: This study analyzes the effects of the new flight pay system embodied in the Aviation Career Incentive Act of 1974 as it applies to rated Air Force officers. The analysis examines data on attraction, retention, cost, and workability of the gate system in an effort to determine if the Act is meeting its goals and objectives. This paper also discusses inequities in flight pay systems, past and present. Analysis reveals that the Act is not the panacea that Congress thought it would be. Attraction to a flying career, while still not a problem, has apparently not been effected by the Act. Retention of young pilots and navigators has not improved appreciably, if at all, since passage of the Act. Costs for flight pay in the Air Force have gone down, but so has the size of the force. While most rated officers are currently meeting their gates, this may not be indicative of future results due to liberal, implementing, credit policies and the gradual decline of flying opportunities. While this analysis is based on a short period of time, the results indicate a need for close monitoring and re-examination of the flight pay system by the U.S. Air Force. (Author).

Book Retaining U S  Air Force Pilots when the Civilian Demand for Pilots is Growing

Download or read book Retaining U S Air Force Pilots when the Civilian Demand for Pilots is Growing written by Michael G. Mattock and published by Rand Corporation. This book was released on 2016 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Increases in major airline hiring could cause Air Force pilot shortfalls. The authors analyzed supply, compensation, and demand to estimate changes in civilian pilot pay and hiring and the level of aviator retention pay needed as a countermeasure.

Book Knowledge Representation and Defeasible Reasoning

Download or read book Knowledge Representation and Defeasible Reasoning written by Henry E. Kyburg Jr. and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 432 pages. Available in PDF, EPUB and Kindle. Book excerpt: This series will include monographs and collections of studies devoted to the investigation and exploration of knowledge, information, and data processing systems of all kinds, no matter whether human, (other) ani mal, or machine. Its scope is intended to span the full range of interests from classical problems in the philosophy of mind and philosophical psy chology through issues in cognitive psychology and sociobiology (concerning the mental capabilities of other species) to ideas related to artificial intelli gence and computer science. While primary emphasis will be placed upon theoretical, conceptual, and epistemological aspects of these problems and domains, empirical, experimental, and methodological studies will also ap pear from time to time. The present volume provides a collection of studies that focus on some of the central problems within the domain of artificial intelligence. These difficulties fall into four principal areas: defeasible reasoning (including the frame problem as apart), ordinary language (and the representation prob lems that it generates), the revision of beliefs (and its rules of inference), and knowledge representation (and the logical problems that are encountered there). These papers make original contributions to each of these areas of inquiry and should be of special interest to those who understand the crucial role that is played by questions of logical form. They vividly illustrate the benefits that can emerge from collaborative efforts involving scholars from linguistics, philosophy, computer science, and AI. J. H. F.

Book Artificial Intelligence and Soft Computing

Download or read book Artificial Intelligence and Soft Computing written by Amit Konar and published by CRC Press. This book was released on 2018-10-08 with total page 503 pages. Available in PDF, EPUB and Kindle. Book excerpt: With all the material available in the field of artificial intelligence (AI) and soft computing-texts, monographs, and journal articles-there remains a serious gap in the literature. Until now, there has been no comprehensive resource accessible to a broad audience yet containing a depth and breadth of information that enables the reader to fully understand and readily apply AI and soft computing concepts. Artificial Intelligence and Soft Computing fills this gap. It presents both the traditional and the modern aspects of AI and soft computing in a clear, insightful, and highly comprehensive style. It provides an in-depth analysis of mathematical models and algorithms and demonstrates their applications in real world problems. Beginning with the behavioral perspective of "human cognition," the text covers the tools and techniques required for its intelligent realization on machines. The author addresses the classical aspects-search, symbolic logic, planning, and machine learning-in detail and includes the latest research in these areas. He introduces the modern aspects of soft computing from first principles and discusses them in a manner that enables a beginner to grasp the subject. He also covers a number of other leading aspects of AI research, including nonmonotonic and spatio-temporal reasoning, knowledge acquisition, and much more. Artificial Intelligence and Soft Computing: Behavioral and Cognitive Modeling of the Human Brain is unique for its diverse content, clear presentation, and overall completeness. It provides a practical, detailed introduction that will prove valuable to computer science practitioners and students as well as to researchers migrating to the subject from other disciplines.

Book The Logic of Time

    Book Details:
  • Author : Johan van Benthem
  • Publisher : Springer Science & Business Media
  • Release : 2013-03-09
  • ISBN : 9401579474
  • Pages : 308 pages

Download or read book The Logic of Time written by Johan van Benthem and published by Springer Science & Business Media. This book was released on 2013-03-09 with total page 308 pages. Available in PDF, EPUB and Kindle. Book excerpt: The subject of Time has a wide intellectual appeal across different dis ciplines. This has shown in the variety of reactions received from readers of the first edition of the present Book. Many have reacted to issues raised in its philosophical discussions, while some have even solved a number of the open technical questions raised in the logical elaboration of the latter. These results will be recorded below, at a more convenient place. In the seven years after the first publication, there have been some noticeable newer developments in the logical study of Time and temporal expressions. As far as Temporal Logic proper is concerned, it seems fair to say that these amount to an increase in coverage and sophistication, rather than further break-through innovation. In fact, perhaps the most significant sources of new activity have been the applied areas of Linguistics and Computer Science (including Artificial Intelligence), where many intriguing new ideas have appeared presenting further challenges to temporal logic. Now, since this Book has a rather tight composition, it would have been difficult to interpolate this new material without endangering intelligibility.

Book Reasoning about Change

Download or read book Reasoning about Change written by Yoav Shoham and published by MIT Press (MA). This book was released on 1988 with total page 274 pages. Available in PDF, EPUB and Kindle. Book excerpt: Reasoning About Change presents a comprehensive approach to temporal reasoning in artificial intelligence.

Book Bacteriological Analytical Manual

Download or read book Bacteriological Analytical Manual written by United States. Food and Drug Administration. Division of Microbiology and published by . This book was released on 1969 with total page 180 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book Federal Activities Inventory Reform Act of 1998

Download or read book Federal Activities Inventory Reform Act of 1998 written by United States and published by . This book was released on 1998 with total page 6 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book Administrative Careers with America  ACWA

Download or read book Administrative Careers with America ACWA written by Arco and published by Arco. This book was released on 2002-11-15 with total page 240 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Administrative Careers With America (ACWA) exam is the test required for thousands of entry-level administrative, professional, and technical positions with the federal government. This guide offers the only preparation available, providing everything test-takers need to launch rewarding government careers.

Book General Clinical Research Centers

Download or read book General Clinical Research Centers written by and published by . This book was released on 1978 with total page 102 pages. Available in PDF, EPUB and Kindle. Book excerpt: Description of facilities and investigations in general clinical research centers funded by the Division of Research Resources in the United States. "Makes available to medical scientists the specialized environment necessary to conduct high-quality clinical research." Geographical arrangement by states. Each entry gives clinical research centers, major areas of investigation, personnel involved (director, investigator), and center resources. Geographical index.

Book Administrative Dispute Resolution Act

Download or read book Administrative Dispute Resolution Act written by United States and published by . This book was released on 1990 with total page 12 pages. Available in PDF, EPUB and Kindle. Book excerpt: