Resource Allocation: Optimisation for Tomorrow’s Demand

Abstract

Optimum allocation of resources is today′s means of designing a logistic network to deal with tomorrow′s demands. Accepting this and in order to ensure that a logistic network is being managed efficiently, it is argued that it is essential to look at what is now achievable, given the advances in computer technology and Artificial Intelligence. The parameters necessary for each market segment in the resource allocation process are defined and the characteristics and problems of data describing the parameters encountered in practice are presented.

Citation

Hargreaves, J. (1989), "Resource Allocation: Optimisation for Tomorrow’s Demand", International Journal of Physical Distribution & Materials Management, Vol. 19 No. 5, pp. 18-25. https://doi.org/10.1108/EUM0000000000320