of GWU/lMSE/Serial T-487/84 16 April 1984 A STEADY-STATE VERSION OF A DYNAMIC OPTIMAL BUDGETING PROBLEM by . . Richard M. Soland We present and justify a steady-state version of a dynamic optimal budgeting problem arising in the Resource Dynamics project. The steady-state model is first reduced to closed form, and then it is analyzed for each of two choices of objective function. Optimal soluti...

Budgeting planning plays an important role in coordinating activities in organizations. An accurate sales volume forecasting is the key to the entire budgeting process. All of the other parts of the master budget are dependent on the sales volume forecasting in some way. If the sales volume forecasting is sloppily done, then the rest of the budgeting process is largely a waste of time. Therefor...

BACKGROUND The Taiwan government adopted National Health Insurance (NHI) in 1995, providing universal health care to all citizens. It was financed by mandatory premium contributions made by employers, employees, and the government. Since then, the government has faced increasing challenges to control NHI expenditures. The aim of this study was to determine trends in the provision of dental serv...

Software cost estimation is a crucial part of the software project initiation process. Cost estimation plays an important role in the bidding/budgeting and help managers to use their resources at the maximum output level. Software Project failure rate is very high in case the project cost estimation is not done by taking all the important factors into the consideration. So finding the cost at t...

This paper focuses on inconsistencies arising from the use of NPV and CAPM for capital budgeting. It shows that (i) CAPM capital budgeting decision-making based on disequilibrium NPV is deductively inferred by the Capital Asset Pricing Model, (ii) the use of the disequilibrium NPV is widespread in finance both as a decision rule and as a valuation tool, (iii) the disequilibrium NPV does not gua...

Many studies explore only use or non-use of capital budgeting methods, and not the factors that determine the selection of the method used in UAE or the region. The relationships between use and independent variables that affect the selection of the method have been studied. The study attempts to fill a gap in the existing literature of capital budgeting practice in the developed and developing...