Optimal Allocation of Budget Dollars Among Materiel Procurement Programs,
GENERAL RESEARCH CORP MCLEAN VA OPERATIONS ANALYSIS DIV
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The purpose of this paper is to describe a mathematical programming model currently being developed for use by the Materiel Procurement Priorities Review Committee MPPRC during the materiel procurement decision process. The objective of the model is to identify the optimum level of funding which should be allocated to each materiel program in each year of the planning period to achieve the goals and priorities of the Army within the limits of defined budgetary and production constraints. The model is intended to provide information and insight with which the relative priorities of various materiel programs and the impact of alternative procurement strategies can be readily established and evaluated. It is not intended as a substitute for the considered judgment and deliberation of knowledgeable men.