An optimization model for investigating alternative research and development programs of the U.S. Army.
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Authors
Carney, Thomas Patrick
Subjects
Research and development model
Measuring value
Optimization model
Management Information System
Systems Analysis
Measuring value
Optimization model
Management Information System
Systems Analysis
Advisors
Sovereign, Michael D.
Date of Issue
1971-09
Date
1971-09
Publisher
Monterey, California. Naval Postgraduate School
Language
en_US
Abstract
A model for investigating alternative research and development programs is formulated. Cost-constrained optimization methods are used in an expected value formulation for systems, which have reached the concept development stage. For the remaining projects, those in basic research and exploratory development, decision rules for altering funding levels are suggested. The principal variables considered in the model are the relative value of a system, a subjective value judgment, the expected life of the system, decision maker time preference, and the cost of the system. A management information system for implementing the model is proposed which allows the user to focus on the trade-off implications of any of the alternatives available for modifying the budget of the R and D program.
Type
Thesis
Description
Series/Report No
Department
Operations Research
Organization
Naval Postgraduate School
Identifiers
NPS Report Number
Sponsors
Funding
Format
101 p.
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.