How do CAIV and Cost-Wise Readiness relate to TOC?
Cost As an Independent Variable (CAIV) is a means for managing costs – – costs are challenged rather than accepted as a given. All programs have already developed CAIV plans which were to define initiatives for reducing total LCC (TOC). Cost-Wise Readiness (CWR) is an extension of CAIV. CWR is NAVAIR’s approach for implementing CAIV on in-service programs. Both CAIV and CWR are mechanisms to positively impact TOC.
