Accession Number:

AD0648649

Title:

A METHOD FOR BALANCED ALLOCATION OF RESOURCES AMONG RESEARCH AND DEVELOPMENT PROJECTS.

Descriptive Note:

Technical rept., 1 Oct 66-1 Mar 67,

Corporate Author:

AIR FORCE OFFICE OF SCIENTIFIC RESEARCH ARLINGTON VA

Personal Author(s):

Report Date:

1967-02-15

Pagination or Media Count:

32.0

Abstract:

The report presents the results of a study conducted by a tri-Service committee to devise a quantitative means for allocating resources among competing projects in the 6.1 Research and 6.2 Exploratory Development areas. A measure of utility is defined for various budget levels in a scientific or technological area, and marginal utility theory is applied to determine the optimum allocation among competing area, i.e. that allocation which purchases the greatest amount of utility for a fixed budget. Author

Subject Categories:

  • Administration and Management
  • Economics and Cost Analysis

Distribution Statement:

APPROVED FOR PUBLIC RELEASE