Organizations have a choice of information and planning procedures to use for a coordinated plan. In this paper, we investigate the efficacy of price and/or budget planning approaches, where the first proposal can be determined from a combination of historical plans, external prices, rules of...

Motivated by a project in health-care management, we study the resource allocation problem in multisite service systems with intersite customer flows. We aim at providing insights to and guidelines for resource allocation in these service systems when some service criterion, such as average...

Bidding for offshore U.S. oil and gas leases is a major corporate resource allocation problem involving enormous uncertainties and very high stakes. This paper presents two new, operationally useful decision analysis models to aid in bidding for oil and gas leases. They are unique in that they...

The first step in transforming strategy from a hopeful statement about the future into an operational reality is to allocate resources to innovation and new product development (NPD) programs in a portfolio. Resource allocation and NPD portfolio decisions often span multiple levels of the...

In this paper we address the discrete resource allocation problem in a deterministic flow line. We assume that the processing times are convex and nonincreasing in the amount of resources allocated to the machines. We consider the resource allocation problem for a fixed sequence of jobs for...

This paper is concerned with the problem of resource allocation and target setting in the provision of public services. The paper develops a network-based representation of multilevel resource management with equity, efficiency, and effectiveness being recognised as the fundamental objectives of...

This paper presents a simple model to contrast the benefit and cost of renovating public housing units against the benefit and cost of building new ones. Benefit is measured as the additional expected life created, and empirically-estimated survivor functions for housing are used to calculate...

In this paper we consider a multiperiod resource allocation model in which the resources are storable and substitutable. A specific application of this model relates to the multiperiod production planning for electronic circuit board assembly factories. In this case, resources are electronic...

Most large organizations allocate resources by means of fixed budgets: each subunit is normally entitled to spend a defined amount over a fixed period, usually one year. Fixed budgets create clear incentives for subunits to control costs. Yet such arrangements create major incentives for dynamic...

Matching production with sales potential is essential for survival in volatile markets. Manufacturing and marketing managers compete for staff, space, cash, and other assets as they struggle both to determine what and how many products ought to be produced, and to actually produce them. We...