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Author:Granot, D.
Zuckerman, D.
Title:Optimal sequencing and resource allocation in research and development projects
Journal:Management Science
1991 : FEB, VOL. 37:2, p. 140-156
Index terms:RESOURCE ALLOCATION
OPTIMIZATION
R&D
PROJECTS
PROJECT PLANNING
Language:eng
Abstract:A research and development /R+D/ model is constructed to facilitate the analysis of activity sequencing and resource allocation in R+D projects. In the proposed model, essential characteristics of R+D projects are incorporated. The activities and the technological specifications of the project are selected dynamically, and the stopping time of the R+D process is introduced as a decision variable to be determined endogenously. A resource allocation problem associated with the R+D model is analyzed.
SCIMA record nr: 99214
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