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The use of dynamic programming techniques for determining resource allocations among R/D projects: An example

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2 Author(s)
C. Edward Kepler ; United Aircraft Res. Labs., East Hartford, CT, USA ; A. Wade Blackman

An example of the use of dynamic programming for R/D resource allocation in the aerospace industry is described. Procedures for developing the required input data are described, and a quantitative comparison is made of the effectiveness of resource allocation by dynamic programming vis-a-vis a conventional method. It is shown that dynamic programming can result in significant improvements in program effectiveness.

Published in:

IEEE Transactions on Engineering Management  (Volume:EM-20 ,  Issue: 1 )