Research Reports from the Department of Operations

Document Type

Report

Publication Date

7-1-1968

Abstract

A brief study is made of the problem of budgeting for new product R & D, when a key budgeting decision is whether to perform the necessary research in-house or whether to acquire available research companies with the required capabilities. Three mathematical models are developed, of increasing complexity, and solution techniques are obtained. Several extensions are formulated, as possible suggestions for future studies.

Keywords

Operations research, Research and development projects, Budget, Mathematical optimization, Decision making--Mathematical models, Technology transfer, Business planning

Publication Title

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

Issue

Technical memorandum no. 110

Rights

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

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