Optimal Allocation of Budget Dollars Among Materiel Procurement Programs,

Abstract

The purpose of this paper is to describe a mathematical programming model currently being developed for use by the Materiel Procurement Priorities Review Committee (MPPRC) during the materiel procurement decision process. The objective of the model is to identify the optimum level of funding which should be allocated to each materiel program in each year of the planning period to achieve the goals and priorities of the Army within the limits of defined budgetary and production constraints. The model is intended to provide information and insight with which the relative priorities of various materiel programs and the impact of alternative procurement strategies can be readily established and evaluated. It is not intended as a substitute for the considered judgment and deliberation of knowledgeable men.

Document Details

Document Type
Technical Report
Publication Date
Jan 01, 1973
Accession Number
ADP000637

Entities

People

  • Charles A. Allen
  • Ronald G. Magee

Tags

Communities of Interest

  • Materials and Manufacturing Processes

DTIC Thesaurus Topics

  • Applied Mathematics
  • Army Operations
  • Computer Programming
  • Interdisciplinary Science
  • Judgment
  • Mathematical Programming
  • Mathematics
  • Operations Research
  • Procurement
  • Production
  • Systems Science

Readers

  • Logistics and Supply Chain Management.
  • Public Financial Management and Budgeting
  • Systems Analysis and Design