Open AccessOptimal Expenditure Policy Under Varying Levels Of Capital Allocations And Costs
Author(s) -
Mukund S. Kulkarni,
David R. Strong
Publication year - 2011
Publication title -
journal of applied business research
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.149
H-Index - 22
eISSN - 2157-8834
pISSN - 0892-7626
DOI - 10.19030/jabr.v4i2.6438
Subject(s) - capital expenditure , public expenditure , service (business) , capital (architecture) , microeconomics , public economics , optimal allocation , business , economics , operating expense , industrial organization , finance , macroeconomics , public finance , marketing , mathematical optimization , history , archaeology , mathematics
The paper addresses the problem of allocation of resources (budget) faced by various administrators in public and private sectors. These administrators would like to maintain the level of service that they provide but find it difficult in view of varying levels of costs and budgets. Using some basic elements of Financial Theory, this paper helps solve this problem under certain market conditions.