In this paper, we study the problem of selecting a system that has the best performance or selecting one of the best systems when the objective function is the expected performance of a complex stochastic system. The focus here is on a huge size but finite feasible solution set, that is not necessarily well structured. We consider the use of the ordinal optimization technique that concerns with...

The budget allocation problem is an optimization problem arising from advertising planning. In the problem, an advertiser has limited budgets to allocate across media, and seeks to optimize the allocation such that the largest fraction of customers can be influenced. It is known that this problem admits a (1 1/e)-approximation algorithm. However, no previous studies on this problem considered a...

MapReduce is one of the programming models for processing large amount of data in cloud where resource allocation is one of the research areas since it is responsible for improving the performance of Hadoop. However the resource allocation can be further improved by focusing on a set of mechanisms, that includes the budget based HFS algorithm where the fast worker node is identified first based...

In freight consolidation, a “fair” cost allocation scheme is critical for forming and sustaining horizontal cooperation that leads to reduced transportation cost. We study a cost-sharing problem in a freight consolidation system with one consolidation center and a common destination. In particular, we design a mechanism that collects bids from a set of suppliers, and then decides whose demand t...

Traditional algorithms are suitable when steps of algorithm are to be executed in a sequence and at a single location. These algorithms have limitations, when used in multi-agent environment, where different agents of single application run on different nodes, thus emphasizing the need for distributed algorithms. Agents in multi-agent systems perform task independently and share the result with...

This article indicates the various financial problems associated with the college library budget. It studies the meaning of budget and examined the various techniques of budgeting that may be use in the libraries for fund acquisition and allocation. It draws the necessary steps to be taken for library budget preparation and finally concluded with the role of librarian for better utilization of ...

from the perspective of the public budgeting sector ,time inconsistency, is testable by significant deviation of performance(tafrigh) budget efficiency from the approved. one way to avoid the problem of time inconsistency is to follow, the delegation approach. according to this approach, for any executive monetary or fiscal decision making and planning, an independent monetary or fiscal plannin...

Much public discussion about foreign aid has focused on whether and how to increase its quantity. But recently aid quality has come to the fore, by which is meant the efficiency of the aid delivery process. This paper focuses on one process problem, the proliferation of aid projects and the associated administrative burden for recipients. It models aid delivery as a set of production activities...

Dynamic network resource allocation is a basic building block for supplying e cient network services to multiple users. In the past several years, along with the development of the ATM networking technology, numerous distributed protocols for computing fair and e cient network resource allocation have been devised. A vast majority of the e ort has concentrated on rate allocation that accommodat...

The problem of optimizing fund allocation in the public sector through performance based budgeting is a complex process. This paper considered only a very small part of this process, namely the final allocation of public funds through goal programming technique. While analyzing the last nine years of budget data in an R&D organization, it is inferred that there is wide gap between fund utilizat...