On a Basic Research Cost Effectiveness - Resource Allocation Model

Authors

Burton V. Dean
Samuel J. Mantel Jr.

Document Type

Report

Publication Date

5-9-1967

Abstract

This paper develops a preliminary model for use in allocating funds for mission oriented basic research in a government agency. Three submodels are developed - (1) a cost model for estimating the costs of basic research tasks, (2) a linkage model for relating the performance of basic research and subsequent utilization of basic research results in systems and component development, and (3) a value model for estimating the effectiveness of basic research tasks. A cost-effectiveness relationship is developed for use in relating the cost and benefits of basic research programs and tasks. Research allocation models are developed for use under cases of uncertainty in parameter values and sequential decision making conditions. Further research is indicated in the form of model validation and modification.

Keywords

Operations research, Research grants--Government policy, Research and development projects, Cost effectiveness, Decision making

Publication Title

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

Issue

Technical memorandum no. 84

Rights

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

Recommended Citation

Dean, Burton V. and Mantel, Samuel J. Jr., "On a Basic Research Cost Effectiveness - Resource Allocation Model" (1967). Research Reports from the Department of Operations. 348.
https://commons.case.edu/wsom-ops-reports/348