Longitudinal Budget Planning Models
CALIFORNIA UNIV BERKELEY OPERATIONS RESEARCH CENTER
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Several budget planning models are presented that exploit the longitudinal stability of manpower cohorts. The budgetary planning process is described along with the problem of identifying and obtaining various types of longitudinal data. An infinite horizon linear program for calculating minimum cost manpower input plans is found to have a straightforward solution under the assumption of nearly monotone survivor fractions.
- Administration and Management
- Operations Research