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The allocation of development funds: An analytic approach

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  • Scott C. Daubin

Abstract

The administrative problem of fund allocation among the several projects constituting the development program is considered from an analytic‐economic viewpoint. The concept of operational potential is introduced and used in establishing a measure of effectiveness for the development program, the “development contribution function.” The problem then resolves to the maximization of a mathematical expression. An example is worked out to demonstrate the method and the utility of the results, Certain characteristics of the solution which are of general applicability are discussed. The functional relationships among the groups concerned with development is considered; the contribution of each groupis definedin the form of equation parameters, The importance of well designed development administrative machinery, particularly relating to the integration of the operational and the technical elements, becomes immediately apparent.

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  • Scott C. Daubin, 1958. "The allocation of development funds: An analytic approach," Naval Research Logistics Quarterly, John Wiley & Sons, vol. 5(3), pages 263-276, September.
    • Handle: RePEc:wly:navlog:v:5:y:1958:i:3:p:263-276
    DOI: 10.1002/nav.3800050307
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