Resource Allocation

Ernest H. Forman and Mary Ann Selly
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Ernest H. Forman: The George Washington University, Washington, D.C., USA
Mary Ann Selly: Expert Choice, Inc., Pittsburgh, Pasadena, USA

Chapter 8 in Decision by Objectives:How to Convince Others That You are Right, 2001, pp 235-289 from World Scientific Publishing Co. Pte. Ltd.

Abstract: AbstractThe following sections are included:What is resource allocation all about?The Silverlake ProjectMethodology OverviewIdentify/design alternativesIdentify and structure the organization's goals and objectivesPrioritize the objectives and sub-objectivesMeasure Alternatives' ContributionsFind the Best Combination of AlternativesDiscrete Alternative Resource AllocationGeorge Washington University Academic Computing Advisory CommitteeBenefit/Cost Ratios—Sort and AllocateMaximizing Benefits – OptimizationFlexibility of Benefits Optimization ApproachConstraints for dependenciesConstraints representing SynergyAnother, perhaps simpler representation of constraints representing SynergyA more elaborate exampleConstraints for different types of ‘costs’Orders of Magnitude ConsiderationsSummary of B/C Ratios vs. Optimization of BenefitsActivity Level Resource AllocationBenefit/Cost RatiosMaximizing Benefits – OptimizationResource Allocation Summary

Keywords: Decision-Making; Resource Allocation; Executive Decision-Making; Multi-Objective Decision-Making; Multi-Criteria Decision-Making; Analytic Hierarchy Process; Paired Comparisons; Pairwise Comparisons; Alternatives of Choice; Decision Hierarchy; Decision Models; Synthesis (search for similar items in EconPapers)
Date: 2001
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