Resource Allocation Modeling for Military Systems and Technology Acquisition
Abstract
Resource allocation requires the institutionalization of processes to allow collection, structuring and maintenance of information for decision-making and the application of tools to evaluate that information. The Resource Allocation Model described in this paper is suggestive of the nature of the type of evaluation tools which must be made available to our public institutions. With a methodology based in multiple criteria decision modeling and dynamic programming, the Resource Allocation Model provides the structures and tools for requirement and capability forecasting, program length evaluation, cost/benefit evaluation, risk evaluation, and program accomplishment evaluation. Application of this or similar programs and tools is gaining broader acceptance and use in our public institutions with various degrees of implementation and success. Development of increasingly capable information processing systems is expected to accelerate this advancement, given our need to manage increasingly complex systems and technology in an increasingly dynamic environment.
Document Details
- Document Type
- Technical Report
- Publication Date
- Jun 01, 1988
- Accession Number
- ADA208131
Entities
People
- Richard G. Honneywell
Organizations
- Wright Laboratory