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ERIC Number: ED254920
Record Type: Non-Journal
Publication Date: 1984-Oct
Pages: 68
Abstractor: N/A
Reference Count: N/A
Reducing Higher Education Budgets through Multiple Alternatives Modeling.
Wholeben, Brent Edward
This paper defines, develops, and displays a mathematical modeling formulation for exploring decisions available to the higher educational administrator in evaluating discrete educational program budgets (instructional, service, and administrative) for possible future funding alternatives. Complex budget reduction strategies can be computer-modeled through the use of simple integer programming (mathematical modeling) techniques over graduated budgeting scenarios. With each such graduated reduction alternative identified as, for example, a 5 percent decrease or 3 percent increase, all possible graduated budgeting changes are evaluated internally to this particular budget and externally as compared to other similar programs under evaluation. Using multivariate criterion references as numerical indexes against which to compare the multiple budgeting alternatives, a finite group of feasible solutions is computed, and a single final (optimal) solution identified. This entire computer-modeled process has been validated in such contexts as the closing of elementary schools in a metropolitan area and the budget reductions for a suburban rural school district. A 16-item list of readings and references is included. (Author/TE)
Publication Type: Reports - Descriptive; Speeches/Meeting Papers
Education Level: N/A
Audience: N/A
Language: English
Sponsor: N/A
Authoring Institution: N/A