Optimal Allocation of a Budget Toward Procurement of Aircraft and Ships
Abstract
In a budget allocation problem, a given budget must be allocated each year to the procurement of aircraft and ships. It is desired that this budget be allocated in such a way as to keep the force mix between aircraft and ships at some constant level. This paper develops a methodology for optimally achieving this goal and presents software capable of doing this optimization.
Document Details
- Document Type
- Technical Report
- Publication Date
- Aug 24, 1983
- Accession Number
- ADA138249
Entities
People
- M. R. Unkenholz
Organizations
- George Washington University