Resource allocation in speculative chemical research
- 1 June 1974
- journal article
- Published by Cambridge University Press (CUP) in Journal of Applied Probability
- Vol. 11 (2) , 255-265
- https://doi.org/10.2307/3212747
Abstract
A stochastic theory is given for speculative industrial chemical research. It is shown how the theory may be used to suggest a suitable balance between long-term and short-term projects.Keywords
This publication has 2 references indexed in Scilit:
- Contributions to the theory of optimal resource allocationJournal of Applied Probability, 1972
- Optimal resource allocation in chemical researchAdvances in Applied Probability, 1969