Optimizing Large Financial Portfolios
Loading...
Authors
Huang, Jefferson
Hermis, Judith M.
Subjects
Budgeting
Finance
Optimization
Portfolio
Finance
Optimization
Portfolio
Advisors
Date of Issue
2021
Date
2021
Publisher
Monterey, California: Naval Postgraduate School
Monterey, California. Naval Postgraduate School.
Monterey, California. Naval Postgraduate School.
Language
en_US
Abstract
Strategic fiscal analysis to support and interpret decisions is critical to defending the Navy's Program Objective Memorandum (POM). Historically, the Navy has tried to optimize its financial budget portfolio using a variety of models and approaches. However, these approaches have fallen short for a number of reasons, including their inability to incorporate uncertainty into financial planning. The objective of this research effort is to help develop an objective function that can optimize financial portfolios under conditions of uncertainty, such as cost, scheduling, performance, and adversary nations" strategies. We will first review cutting-edge solutions from private and public sector entities to identify suitable solutions to budgeting under conditions of uncertainty. We will then use sponsor-provided mockup data to evaluate the ability of various solutions to optimize under likely conditions. Finally, we will use our findings to make implementation suggestions.
Type
Poster
Description
NPS NRP Project Poster
Series/Report No
Department
Operations Research
Organization
Naval Research Program (NRP)
Identifiers
NPS Report Number
Sponsors
N8 - Integration of Capabilities & Resources
Funder
This research is supported by funding from the Naval Postgraduate School, Naval Research Program (PE 0605853N/2098). https://nps.edu/nrp
Chief of Naval Operations (CNO)
Chief of Naval Operations (CNO)
Format
Citation
Distribution Statement
Approved for public release. Distribution is unlimited.
Rights
This publication is a work of the U.S. Government as defined in Title 17, United States Code, Section 101. Copyright protection is not available for this work in the United States.