Description
MDA has opted to use actual historical cost for MDA missiles and spares recorded in DPAS, instead of moving average cost. Moving average cost is usually used for inventory items with frequent turnover, and minimal change in cost from acquisition to acquisition to replenish inventory. MDA's missiles and spares can have a significant variance in acquisition cost per Contract/CLIN acquiring the items, low consumption rate, and are managed by serial number. Many of the missiles are destined for transfer to a Service, and MDA would prefer to keep the valuation of the missiles as actual historical cost. At this time DPAS does not have a way to track OM&S at actual historical cost and MDA is requesting a system change to allow for this option.
Recommended
MDA would like a new Type Asset Code in the DPAS Catalog called OM&S. This new Type Asset Code would be for Missiles, Rockets, Rocket Stages, Rocket Motors, etc. It would allow MDA to report the total number of OM&S and value whenever needed.
Mission Critical
This is mission critical. MDA must know how many Missiles, Rocket and Rocket Parts are currently on hand in DPAS with the total cost for each asset.
Benefits
A report would keep the financial group from going through every asset file to report the number of missiles as well as the actual cost of each.
Users
This would affect all users within our component and agency.
Completed - Release 5.1 - 28 April 2017