In variable-base budgeting an organization's resources are partitioned into two categories, those allocated to decision making and those allocated to implementation, and both sets of resources are further subdivided as necessary---between departments, across time stages, etc. The purpose of the...

An issue of theoretical and practical importance to R&D managers is the proper allocation of an organization's resources between the periodic selection and budgeting of R&D projects and the implementation of these projects. One possibility is to consider previous allocations as an established...