Article ID: | iaor20021153 |
Country: | Netherlands |
Volume: | 27 |
Issue: | 5 |
Start Page Number: | 229 |
End Page Number: | 234 |
Publication Date: | Dec 2000 |
Journal: | Operations Research Letters |
Authors: | Pnar Mustafa, ., Grler lk, Jelassi Mohamed Mehdi |
Keywords: | allocation: resources |
In order to reduce the risk of complete failure, research managers often adopt a parallel strategy by simultaneously funding several R&D activities and several research teams within each activity. The parallel strategy requires the allocation of an available budget to a number of R&D activities, the determination of the number of research teams within each activity and the amount of funding they receive. We consider a formulation of this problem as a nonlinear resource allocation problem by Gerchak and Kilgour, and present a sufficient condition as a function of problem parameters, under which closed-form solutions to the problem are obtained.