?url_ver=Z39.88-2004&rft_val_fmt=info%3Aofi%2Ffmt%3Akev%3Amtx%3Adc&rft.relation=http%3A%2F%2Fmiis.maths.ox.ac.uk%2Fmiis%2F103%2F&rft.title=Resource+allocation&rft.creator=Breward%2C+Chris&rft.creator=Huang%2C+Huaxiong&rft.subject=Aerospace+and+defence&rft.description=This+report+discusses+the+problem+of+the+allocation+of+resources%3A+how+should+an+organisation+(such+as+MOD)+invest+bearing+in+mind+the+long+term+delay+for+the+realization+of+investment+strategies%2C+and+how+might+this+apply+in+times+of+increasing+budgetary+constraints%3F+After+making+certain+simplifying+assumptions%2C+the+Study+Group+constructed+a+prototype+model+based+on+the+method+of+Optimal+Control.+This+allows+the+decision+maker+to+investigate+the+impact+of+particular+investment+strategies+over+a+period+of+years%2C+the+impact+being+measured+in+terms+of+%E2%80%9Cquality%E2%80%9D+or+%E2%80%9Ccapability%E2%80%9D.+Interventions+can+be+designed+so+that+%E2%80%9Cquality%E2%80%9D+(Q)+is+maximized+at+a+particular+time%2C+or+so+that+the+average+quality+over+a+given+time+interval+is+maximized.+Both+of+these+approaches+are+explored.+This+model+shows+reasonable+behaviour+when+tested+over+a+parameter+set.+It+could+be+used+as+part+of+a+systems+approach+to+the+defence+budget+as+a+whole%2C+but+the+method+itself+is+scalable+to+smaller+(or+larger)+resourcing+conundrums.&rft.date=2007-04-17&rft.type=Study+Group+Report&rft.type=NonPeerReviewed&rft.format=application%2Fpdf&rft.language=en&rft.identifier=http%3A%2F%2Fmiis.maths.ox.ac.uk%2Fmiis%2F103%2F1%2FDstl-AllocationReport.pdf&rft.identifier=++Breward%2C+Chris+and+Huang%2C+Huaxiong++(2007)+Resource+allocation.++%5BStudy+Group+Report%5D+++++