Bending the Cost Curve: Moving the Focus from Macro-level to Micro-level Cost Trends with Cluster Analysis

“Bending the cost curve” has become the ambiguous jargon employed in recent years to emphasize the notion of changing unwanted cost trends. In response to the planned $1 trillion Department of Defense budget reduction over the next six years, the Air Force has launched its own Bending the Cost Curve initiative in an effort to reduce cost growth. A principal concern with Bending the Cost Curve initiatives and research to date is the central focus...