Resource Allocation and Organizational Form

Resource Allocation Decisions Under Imperfect Evaluation and Organizational Dynamics

R&D projects face significant organizational challenges, especially when the different units who run these projects compete among each other for resources. In such cases, information sharing among the different units is critical, but it cannot be taken for granted. Instead, individual units need to be incentivized to not only exert effort in evaluating their projects, but also to truthfully rev...

On Closed-Form Solutions of a Resource Allocation

Fast Closed Form Approximation for Dynamic Network Resource Allocation

We consider dynamic delay guarantee and bandwidth allocation in communications networks. Our scenario includes linear pricing scheme for both Quality of Service parameters. The goal is (i) to maximize the revenue and (ii) guarantee fair resource allocation for connections. On the contrary to the traditional Lagrangian approach, we approach the problem by modified one, where the sum of the weigh...

Economic and Effectiveness Evaluation Analysis of Some Resource Allocation Procedures

Review of theoretical models for cost-effectiveness and of procedures currently being used by different levels of decision makers to evaluate the projects or alternatives is the main objective of this article. To come to some conclusion that which theoretical model would be more effective to be applied for allocating the limited resources among different projects. the performance evaluation pro...

Bicriteria Resource Allocation Problem in Pert Networks

We develop a bicriteria model for the resource allocation problem in PERT networks, in which the total direct costs of the project as the first objective, and the mean of project completion time as the second objective are minimized. The activity durations are assumed to be independent random variables with either exponential or Erlang distributions, in which the mean of each activity duration ...