1. Assume you are the financial manager (budget officer) for an acquisition program. It is now October of 2021 and you just submitted the FY2023 budget exhibits to OSD. You are supposed to begin a two-year low-rate initial production (LRIP) in January 2022. As described in both the FY2022 and FY2023 budgets, the LRIP plan is to build one unit per calendar quarter for a year, starting the second quarter of FY2022; then, build two units per quarter for a second year. The program would then go into full rate production at a rate of four units per quarter. As such, your FY2023 budget reflects an FY2024 procurement of 14 units. You just found out the LRIP decision was delayed six months and will not occur until May 2022.
   1. How did you arrive at 14 units for FY2024? (Hint: draw a timeline/schedule.)
   2. Assume the role of the OSD analyst reviewing the FY 2023 budget. You know about the slip in the schedule. What are you concerned about? What questions would you ask? Assuming the delay will occur, how would you mark the budget?