Encouraging positive work team growth depends on, in part, the form and availability of organizational resources and support. Support systems have been found to be important for work team health and survival. However, managers are challenged to make resource decisions while working within...

In this paper we consider the problem of allocating scarce resources in a divisionalized company; the resources are made available by the headquarters and requested by profit centers (PCs). This problem was observed at a large german insurance company (LAGIC). Currently, the resources are...

In this paper, we propose a binomial approach to modeling sequential R&D investments. More specifically, we present a compound real options approach, simplifying the existing valuation methodology. Based upon the same set of assumptions as prior models, we show that the number of computational...

Workers have different abilities in research, development and innovation (R&D&I) activities. Firms have different “prospects for innovation”. Innovation is facilitated by matching innovators, i.e. workers that are specialized in R&D&I to firms with good prospects for innovation. Aggregate...

We formulate the minimum spanning tree problem with resource allocation (MSTRA) in two ways, as discrete and continuous optimization problems (d-MSTRA/c-MSTRA), prove these to be NP-hard, and present algorithms to solve these problems to optimality. We reformulate d-MSTRA as the knapsack...

South Africa has high levels of social need which are steadily growing. While the thirdsector is large and contributes substantially to social service provision, it together withgovernment is seemingly incapable of providing adequate social services, particularlyin the more poverty-stricken...

In a healthcare system, resource allocation mechanisms should promote efficiency, improve quality of care and reduce practice variation. This paper presents a framework that has been used at the US Department of Veterans Affairs, VA Healthcare Network Upstate New York, to guide resource...

The twenty-two papers collected in this volume illustrate the itinerary of Henry Tulkens, an applied theorist, on the occasion of his retirement from teaching. The collection is structured in four parts: I. Decentralized resource allocation processes for public and private goods - II....

The unpredictability of business activities means that business process management should provide a way to adapt to change. The traditional workflow approach, based on predefined process logic, offers little support for today's complex and dynamic business environment. Therefore, a cognitive...

As health care costs continue to increase at rates higher than the general inflation rate, there is increased focus on controlling health care expenditures in the public and private sectors. In particular, there is a compelling need for more creative and informed allocation decisions for limited...