Title: On Closed-Form Solutions of a Resource Allocation Problem in Parallel Funding of R & D Projects
Authors: Ulku Gurler, Mustafa C. Pinar, Mohammed M. Jelassi
Status: ?????

In order to reduce the risk of complete failure, research managers often adopt a parallel strategy by simultaneously funding several R & D activities and several research teams within each activity. The parallel strategy requires the allocation of an available budget to a number of R & D activities, the determination of the number of research teams within each activity and the amount of funding they receive. We consider a formulation of this problem as a nonlinear resource allocation problem by Gerchak and Kilgour (1999), and present a sufficient condition as a function of problem parameters, under which closed=form solutions to the problem are obtained.

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