Heterogeneous discrete expenditure for diminishing returns

Henry Hamburger and James R. Slagle

Naval Research Logistics Quarterly, 1986, vol. 33, issue 2, 191-217

Abstract: A probabilistic model is developed that applies to military bombardment, advertising for a mass audience, and other kinds of situations in which striking a target means that less of it is left to strike. The model provides the basis for decision analysis based on marginal gain in such circumstances. Heterogneous resources are considered as well as composite targets. All expenditures are quantized. The model has been developed as part of a computer‐based military expert system, to replace a large complex set of expert opinions. In that application it sharply improves efficiency, yet conforms to major tenets of tactical doctrine.

Date: 1986
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https://doi.org/10.1002/nav.3800330204

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Persistent link: https://EconPapers.repec.org/RePEc:wly:navlog:v:33:y:1986:i:2:p:191-217

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