A Matrix Approach to R&D Budget Allocation Problems

Authors

Samuel Jackson Mathis
Peter Herne
Burton V. Dean

Document Type

Report

Publication Date

7-1-1969

Abstract

This paper involves an examination of an approach towards the problem of funds allocation in a research environment. The approach uses matrices of projects-sciences and sciences-objectives for which entries are subjectively estimated and compared with weighted objectives. Two examples, using hand calculations and generated data, are given. Conclusions drawn from these examples and possibilities of further applications are discussed.

Keywords

Operations research, Research and development projects, Matrices, Cost allocation, Resource allocation--Mathematical models, Research--Management, Decision making--Mathematical models

Publication Title

Technical Memorandums from the Department of Operations, School of Management, Case Western Reserve University

Issue

Technical memorandum no. 142

Rights

This work is in the public domain and may be freely downloaded for personal or academic use

Recommended Citation

Mathis, Samuel Jackson; Herne, Peter; and Dean, Burton V., "A Matrix Approach to R&D Budget Allocation Problems" (1969). Research Reports from the Department of Operations. 291.
https://commons.case.edu/wsom-ops-reports/291