The allocation of development funds: An analytic approach

Scott C. Daubin

Naval Research Logistics Quarterly, 1958, vol. 5, issue 3, 263-276

Abstract: The administrative problem of fund allocation among the several projects constituting the development program is considered from an analytic‐economic viewpoint. The concept of operational potential is introduced and used in establishing a measure of effectiveness for the development program, the “development contribution function.” The problem then resolves to the maximization of a mathematical expression. An example is worked out to demonstrate the method and the utility of the results, Certain characteristics of the solution which are of general applicability are discussed. The functional relationships among the groups concerned with development is considered; the contribution of each groupis definedin the form of equation parameters, The importance of well designed development administrative machinery, particularly relating to the integration of the operational and the technical elements, becomes immediately apparent.

Date: 1958
References: Add references at CitEc
Citations:

Downloads: (external link)
https://doi.org/10.1002/nav.3800050307

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:wly:navlog:v:5:y:1958:i:3:p:263-276

Access Statistics for this article

More articles in Naval Research Logistics Quarterly from John Wiley & Sons
Bibliographic data for series maintained by Wiley Content Delivery ().