Cost-Effectiveness in R and D Organizational Resource Allocation.
CASE WESTERN RESERVE UNIV CLEVELAND OHIO DEPT OF OPERATIONS RESEARCH
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A method for use in allocating resources to a multi-laboratory, multi-task research and exploratory development program is described. The basic elements of the underlying model are the tasks, projects, and laboratories contributing sciences and technologies S and Ts criticality of such fields to achieving organizational objectives relative values of objectives and costs of performing tasks. Structural models are developed for interrelating tasks, S and T fields, and objectives. A cost-effectiveness model is developed for use in allocating resources to tasks. Research and exploratory development effectiveness is measured in terms of the value of task contribution to organizational objectives. Author
- Administration and Management
- Economics and Cost Analysis