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Application of a resource allocation system in a technology‐based public organization
Author(s) -
Shumway C. R.,
Hwang J. D.
Publication year - 1975
Publication title -
randd management
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 1.253
H-Index - 102
eISSN - 1467-9310
pISSN - 0033-6807
DOI - 10.1111/j.1467-9310.1975.tb01080.x
Subject(s) - resource allocation , flexibility (engineering) , computer science , multiplicative function , operations research , resource (disambiguation) , government (linguistics) , resource management (computing) , mathematical optimization , management science , industrial engineering , distributed computing , economics , engineering , mathematics , mathematical analysis , computer network , linguistics , philosophy , management
A resource allocation system developed for a government laboratory has been subjected to a full‐scale experiment within that organization. The experimental system includes: (1) a multiplicative benefit estimation procedure, (2) a constrained optimization resource allocation model hosting piecewise linear benefit functions and interactive capabilities for sensitivity analysis, and (3)a network tracking procedure for predicting progress on major laboratory objectives. It is applied to R & D activities representing 3/4 of the laboratory's total program. The methodological philosophy, structure, and experimental design are presented together with attitudinal data and informational insights gleaned from the experiment. The flexibility of the system for adapting to alternative management models and benefit functional forms is demonstrated.