Title :
An application and case history of a dynamic R&D portfolio selection model
Author :
Chiu, Lin-Kai ; Gear, T.E.
Author_Institution :
Dept. of Management Studies, Univ. of Auckland, Auckland, New Zealand
Abstract :
Presents an application of stochastic integer-programming formulation to a portfolio of projects (each of which were planned with the aid of a decision-tree structure). Follow-up studies undertaken one year later are described in an attempt to assess the accuracy of the data and adequacy of the model in practice.
Keywords :
integer programming; management science; research and development management; stochastic programming; decision tree; dynamic R&D portfolio selection model; stochastic integer programming; Gears; Laboratories; Mathematical model; Planning; Portfolios; Programming; Wool;
Journal_Title :
Engineering Management, IEEE Transactions on
DOI :
10.1109/TEM.1979.6447428
