Title :
The use of dynamic programming techniques for determining resource allocations among R/D projects: An example
Author :
Kepler, C.E. ; Blackman, A.W.
Author_Institution :
United Aircraft Res. Labs., East Hartford, CT, USA
Abstract :
An example of the use of dynamic programming for R/D resource allocation in the aerospace industry is described. Procedures for developing the required input data are described, and a quantitative comparison is made of the effectiveness of resource allocation by dynamic programming vis-a-vis a conventional method. It is shown that dynamic programming can result in significant improvements in program effectiveness.
Keywords :
dynamic programming; research and development management; R/D projects; aerospace industry; dynamic programming techniques; resource allocations; Additives; Aerospace industry; Dynamic programming; Genetic expression; Laboratories; Mathematical model; Resource management;
Journal_Title :
Engineering Management, IEEE Transactions on
DOI :
10.1109/TEM.1973.6448409
