Analysis of Deficits in Discrete Time Resource Allocation Problems with Correlated Supplies and Demands

Abstract

This paper is primarily concerned with the stochastic behavior of deficits in discrete time resource allocation problems when demands for resources are random and when future allocations are based on past demands. The effects of various allocation policies are analyzed, and the sequence of deficits is shown to be related to waiting times and queue sizes in queuing systems. A number of applications are described, and a budgeting problem is used to illustrate the results.

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Document Details

Document Type
Technical Report
Publication Date
May 01, 1976
Accession Number
ADA030087

Entities

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  • F. R. Richards
  • K. T. Marshall

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  • Naval Postgraduate School

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  • California
  • Classification
  • Computer Science
  • Distribution Functions
  • Equations
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  • Military Research
  • Operations Research
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  • Queueing Theory
  • Random Variables
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  • Mathematical Modeling and Probability Theory.