A Goal Programming Example in Public Health Resource Allocation

Article Abstract:

Resource allocation decisions concerning federally-funded programs are difficult. An integer goal programming model is developed for the budget allocation process. The Special Supplemental Food Program for Women, Infants, and Children (WIC) is the focus of this process. Priority groups are established. Each priority group is treated as a separate goal with a specified target. Decisions are subject to state budget limitations. A subjective function is part of the process. The Indiana WIC program is used as an example of the goal programming model. Resource allocation of federal funds is characterized by hierarchcial decision making.

Finance, Resource allocation

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A Goal Programming Example in Public Health Resource Allocation

Article Abstract:

The resource allocation problem is modelled for a state-level, federally-funded program. The program is the Department of Agriculture Special Supplement Food Program for Women, Infants, and Children (WIC). The model is an integer goal program based on six priority groups. Income priority levels can be added. This state level model can be extended to a hierarchical goal programming model of the federal allocation of WIC funds. Tables contain numerical results.

Management science, Algorithms, Integer programming, Algorithm, State government, Heuristic programming, National Government, Health Care, Mathematical Programming, Health and Welfare

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A Goal Seeking Investment Model

Article Abstract:

An investment analysis model that incorporates human goal seeking behavior is presented. One goal is the achievement of a target rate of return and another achieving this in a given period of time. Although maximizing wealth will not result in the conditions that represent real investment situations, an important finding of the model is that the length of the planning horizon is crucial. Tables and graphs illustrate computational results.

Investments, Business planning, Modeling, Data modeling software, Strategic Planning

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