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An optimal resource allocation model for corporate tactical planning

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Morris, Godfrey Deigan (1972) An optimal resource allocation model for corporate tactical planning. PhD thesis, University of Warwick.

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Abstract

My thesis is about planning the optimum allocation of resources in the medium term. It views the problem at the level in the organisation at which there are quantifiable interactions between the demands for and supplies of resources which ought to be resolved simultaneously. The research was empirical, my thesis is descriptive and normative.

I suggest a new conceptual approach to the planning of resource allocation which both fills a gap in the literature on 'how' to plan and provides one solution to some basic problems in the current practice of planning. The basic problems were of concept and execution.

Of concept because the planning process did not recognise that operational data may be inappropriate for tactical planning, that resources cannot be allocated rationally by consolidating and pruning functional plans and finally that many demands for and supplies of resources must be considered simultaneously.

Of execution because the method of processing the data was inadequate for the task, in that the technique was trial and error, the criterion was not financial and the means was manual.

In consequence, the plans from the old planning system were unachievable, inconsistent and non-optimal. Moreover, those responsible for the performance of the company had no effective control over the allocation of resources.

Besides a new conceptual approach, I suggest the use of a corporate optimal resource allocation model, discuss its construction and illustrate its use.

The empirical study concerned an engineering company in the medium to light category. The normative aspect maintains that the approach is valid at least for companies with a similar technology and perhaps to other industries which satisfy certain conditions. These technologies and conditions are defined in the main body of the dissertation.

Item Type: Thesis (PhD)
Subjects: H Social Sciences > HD Industries. Land use. Labor > HD28 Management. Industrial Management
T Technology > T Technology (General)
Library of Congress Subject Headings (LCSH): Resource allocation, Business planning, Strategic planning, Production planning
Official Date: 1972
Dates:
DateEvent
1972UNSPECIFIED
Institution: University of Warwick
Theses Department: School of Industrial and Business Studies
Thesis Type: PhD
Publication Status: Unpublished
Sponsors: Social Science Research Council (Great Britain); Massey-Ferguson, Inc.
Extent: 1 volume (various pagings) : charts.

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