Optimal Resource Allocation in Library Systems.

Rouse, William B.

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Peer reviewed

ERIC Number: EJ121122

Record Type: CIJE

Publication Date: 1975

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Optimal Resource Allocation in Library Systems

Rouse, William B.

Journal of the American Society for Information Science, 26, 3, 157-65, May-Jun 75

Queueing theory is used to model processes as either waiting or balking processes. The optimal allocation of resources to these processes is defined as that which maximizes the expected value of the decision-maker's utility function. (Author)

Descriptors: Decision Making, Library Expenditures, Library Planning, Library Services, Mathematical Models, Resource Allocation

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