IDEAS home Printed from https://ideas.repec.org/a/eee/ejores/v220y2012i3p752-761.html
   My bibliography  Save this article

Assigning resources and targets to an organization’s activities

Author

Listed:
  • Bordley, Robert F.
  • Pollock, Stephen M.

Abstract

Each of an organization’s many activities transforms inputs into outputs. Managing these activities involves allocating input resources for some activities and assigning output targets for others. Making these decisions is especially difficult in the presence of uncertainty. In practice, many organizations address these problems by using a fairly simple “proportional allocation” heuristic (e.g., “allocate to each activity the same percentage increase (or decrease) in its resources or targets”). But proportional allocation does not consider the uncertainty inherent in the ability of each activity to make use of its resources (or meet its targets).

Suggested Citation

  • Bordley, Robert F. & Pollock, Stephen M., 2012. "Assigning resources and targets to an organization’s activities," European Journal of Operational Research, Elsevier, vol. 220(3), pages 752-761.
    • Handle: RePEc:eee:ejores:v:220:y:2012:i:3:p:752-761
    DOI: 10.1016/j.ejor.2012.02.032
    as

    Download full text from publisher

    File URL: http://www.sciencedirect.com/science/article/pii/S0377221712001828
    Download Restriction: Full text for ScienceDirect subscribers only
    File URL: https://libkey.io/10.1016/j.ejor.2012.02.032?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. Bruce L. Miller & Harvey M. Wagner, 1965. "Chance Constrained Programming with Joint Constraints," Operations Research, INFORMS, vol. 13(6), pages 930-945, December.
    2. Peter Kall & János Mayer, 2005. "Stochastic Linear Programming," International Series in Operations Research and Management Science, Springer, number 978-0-387-24440-2, January.
    3. Robert P. Smith & Steven D. Eppinger, 1997. "Identifying Controlling Features of Engineering Design Iteration," Management Science, INFORMS, vol. 43(3), pages 276-293, March.
    4. Roger A. Blau, 1974. "Stochastic Programming and Decision Analysis: An Apparent Dilemma," Management Science, INFORMS, vol. 21(3), pages 271-276, November.
    5. Viswanathan Krishnan & Steven D. Eppinger & Daniel E. Whitney, 1997. "A Model-Based Framework to Overlap Product Development Activities," Management Science, INFORMS, vol. 43(4), pages 437-451, April.
    6. Robert F. Bordley & Stephen M. Pollock, 2009. "A Decision-Analytic Approach to Reliability-Based Design Optimization," Operations Research, INFORMS, vol. 57(5), pages 1262-1270, October.
    7. A. Charnes & W. W. Cooper, 1963. "Deterministic Equivalents for Optimizing and Satisficing under Chance Constraints," Operations Research, INFORMS, vol. 11(1), pages 18-39, February.
    8. Blackorby, Charles & Russell, R Robert, 1995. "Proportional Budgeting and Decentralization," Econometrica, Econometric Society, vol. 63(2), pages 431-439, March.
    9. Ronald A. Howard, 1988. "Decision Analysis: Practice and Promise," Management Science, INFORMS, vol. 34(6), pages 679-695, June.
    10. Robert F. Bordley & Craig W. Kirkwood, 2004. "Multiattribute Preference Analysis with Performance Targets," Operations Research, INFORMS, vol. 52(6), pages 823-835, December.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Robert F. Bordley & Stephen M. Pollock, 2009. "A Decision-Analytic Approach to Reliability-Based Design Optimization," Operations Research, INFORMS, vol. 57(5), pages 1262-1270, October.
    2. Shao-Wei Lam & Tsan Sheng Ng & Melvyn Sim & Jin-Hwa Song, 2013. "Multiple Objectives Satisficing Under Uncertainty," Operations Research, INFORMS, vol. 61(1), pages 214-227, February.
    3. Bilsel, R. Ufuk & Ravindran, A., 2011. "A multiobjective chance constrained programming model for supplier selection under uncertainty," Transportation Research Part B: Methodological, Elsevier, vol. 45(8), pages 1284-1300, September.
    4. Annika Lorenz & Michael Raven & Knut Blind, 2019. "The role of standardization at the interface of product and process development in biotechnology," The Journal of Technology Transfer, Springer, vol. 44(4), pages 1097-1133, August.
    5. O. Olesen, 2006. "Comparing and Combining Two Approaches for Chance Constrained DEA," Journal of Productivity Analysis, Springer, vol. 26(2), pages 103-119, October.
    6. Maji, Chandi Charan, 1975. "Intertemporal allocation of irrigation water in the Mayurakshi Project (India): an application of deterministic and chance-constrained linear programming," ISU General Staff Papers 197501010800006381, Iowa State University, Department of Economics.
    7. Nitindra R. Joglekar & Ali A. Yassine & Steven D. Eppinger & Daniel E. Whitney, 2001. "Performance of Coupled Product Development Activities with a Deadline," Management Science, INFORMS, vol. 47(12), pages 1605-1620, December.
    8. Sosa, Manuel E., 2003. "Factors that influence technical communication in distributed product development : an empirical study in the telecommunications industry," Working papers WP 4123-00., Massachusetts Institute of Technology (MIT), Sloan School of Management.
    9. Victoria L. Mitchell & Barrie R. Nault, 2007. "Cooperative Planning, Uncertainty, and Managerial Control in Concurrent Design," Management Science, INFORMS, vol. 53(3), pages 375-389, March.
    10. Rashed Khanjani Shiraz & Madjid Tavana & Hirofumi Fukuyama, 2021. "A joint chance-constrained data envelopment analysis model with random output data," Operational Research, Springer, vol. 21(2), pages 1255-1277, June.
    11. Bordley, Robert F., 2005. "Econophysics and individual choice," Physica A: Statistical Mechanics and its Applications, Elsevier, vol. 354(C), pages 479-495.
    12. Jürgen Mihm & Christoph Loch & Arnd Huchzermeier, 2003. "Problem--Solving Oscillations in Complex Engineering Projects," Management Science, INFORMS, vol. 49(6), pages 733-750, June.
    13. Bernardo A. Huberman & Dennis M. Wilkinson, 2010. "Fluctuating Efforts and Interdependencies in Collaborative Work," Group Decision and Negotiation, Springer, vol. 19(2), pages 169-191, March.
    14. Maddulapalli, Anil Kumar & Yang, Jian-Bo & Xu, Dong-Ling, 2012. "Estimation, modeling, and aggregation of missing survey data for prioritizing customer voices," European Journal of Operational Research, Elsevier, vol. 220(3), pages 762-776.
    15. Joglekar, Nitin R. & Ford, David N., 2005. "Product development resource allocation with foresight," European Journal of Operational Research, Elsevier, vol. 160(1), pages 72-87, January.
    16. Qiushi Chen & Lei Zhao & Jan C. Fransoo & Zhe Li, 2019. "Dual-mode inventory management under a chance credit constraint," OR Spectrum: Quantitative Approaches in Management, Springer;Gesellschaft für Operations Research e.V., vol. 41(1), pages 147-178, March.
    17. Manuel E. Sosa & Jürgen Mihm & Tyson R. Browning, 2013. "Linking Cyclicality and Product Quality," Manufacturing & Service Operations Management, INFORMS, vol. 15(3), pages 473-491, July.
    18. Fengmin Xu & Meihua Wang & Yu-Hong Dai & Dachuan Xu, 2018. "A sparse enhanced indexation model with chance and cardinality constraints," Journal of Global Optimization, Springer, vol. 70(1), pages 5-25, January.
    19. David B. Brown & Melvyn Sim, 2009. "Satisficing Measures for Analysis of Risky Positions," Management Science, INFORMS, vol. 55(1), pages 71-84, January.
    20. E. Borgonovo & C. L. Smith, 2011. "A Study of Interactions in the Risk Assessment of Complex Engineering Systems: An Application to Space PSA," Operations Research, INFORMS, vol. 59(6), pages 1461-1476, December.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eee:ejores:v:220:y:2012:i:3:p:752-761. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Catherine Liu (email available below). General contact details of provider: http://www.elsevier.com/locate/eor .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.