techniques of this mathematical management tool – Linear Programming (LP) - to work out the optimal allocation of resources in a …

treatment resources proportional to population is sub-optimal, and enforcing such a resource allocation policy might adversely …Existing compartmental models in epidemiology are limited in terms of optimizing the resource allocation to control an …-stage stochastic programming compartmental model, which integrates the uncertain disease progression and resource allocation to control …

determine the capital allocation that minimizes the excesses of sets of portfolios in lexicographical sense. The excess of a set … allocation for which the largest excess is as small as possible. We show that this allocation rule yields a unique allocation …, and that it satisfies some desirable properties. We also show that the allocation can be determined by solving a series of …

study a well known problem of resource allocation in microeconomics and adapt it to the financial constraints created by … COVID-19. We formulate the resource allocation problem as a finite-dimensional convex program under appropriate assumptions … constraint qualification result. We then focus on the COVID-19 allocation problem for which a closed-form optimal solution is …

determine the capital allocation that minimizes the excesses of sets of portfolios in lexicographical sense. The excess of a set … allocation for which the largest excess is as small as possible. We show that this allocation rule yields a unique allocation …, and that it satisfies some desirable properties. We also show that the allocation can be determined by solving a series of …

challenging to reconcile in practice. In this paper we describe two real applications, a project allocation problem and a workshop … different applications, such as resident allocation with lower quotas, controlled school choice or college admissions with …

This paper describes a numerically efficient Machine Learning approach for solving the farm manager’s land allocation …. The method is based on the idea that a farm manager seeks the allocation of crops that minimizes the chance of realizing a … harvest return below some pre-determined target rate of return, a notion supported by results from financial portfolio theory …

This paper contains two results. The first result says that given any efficient non-monetary allocation there is a … balanced vector of transfers so that the resulting allocation is fair. The second result says that given any efficient non …-monetary allocation there is a pricing function defined on consumption bundles and a balanced vector of transfers so that they together …