Technical Note—Allocation of Effort Resources among Competing Activities
- 1 April 1975
- journal article
- Published by Institute for Operations Research and the Management Sciences (INFORMS) in Operations Research
- Vol. 23 (2) , 360-366
- https://doi.org/10.1287/opre.23.2.360
Abstract
This paper presents problems of resource allocation among many activities, such as allocating a given marketing budget among sales territories, where the return function for each territory attains different parameters. Applying the Kuhn-Tucker conditions, we derive “single pass” algorithms for different concave payoff functions, maximizing total returns under a given amount of available effort. Various extensions are also mentioned.Keywords
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