A Resource Allocation Model with Development Costs and Prior Investments

Abstract

The theory of max-min is extended to cover the incorporation of both prices of admission and previously committed resources into a mathematical model having direct application to the allocation of resources among retaliatory, strategic weapon systems. In the absence of prices of admission and previously committed resources, the model reduces to a zero-sum, two-person, continuous game with a continuous payoff function.

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Document Details

Document Type
Technical Report
Publication Date
Nov 01, 1971
Accession Number
AD0734649

Entities

People

  • Kenneth D. Shere

Organizations

  • Naval Ordnance Laboratory

Tags

DTIC Thesaurus Topics

  • Computers
  • Game Theory
  • Investments
  • Mathematical Analysis
  • Mathematical Models
  • Models
  • Munitions
  • Naval Operations
  • Notation
  • Observation
  • Ordnance Laboratories
  • Security
  • Strategic Weapons
  • Theorems
  • Weapon Systems
  • Weapons

Fields of Study

  • Mathematics

Readers

  • Game Theory.
  • Life Cycle Cost Analysis
  • Strategic Security Studies