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But government's forecasting, allocation of the budget and approach to dealing with uncertainty has been poor, and so has not supported value for money".
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T. Sato ([1983]) also investigated how the MDP Procedure works when players with individual expectation functions nonmyopically play a sequential game, by letting them forecast what allocation would be proposed over the period when they take a certain path of strategies.
European Journal of Operational Research 159 , 330 347]that presented an integrated model of incentive problems arising in forecasting and capacity allocation.
This paper, motivated by the experiences of a major US-based semiconductor manufacturer, presents an integrated model of incentive problems arising in forecasting and capacity allocation.
He worked at the Ministry of Agriculture where he was in charge of solving quantitative problems related to forecasting and asset allocation, problems that required some knowledge of economics and econometrics.
WIDSS has many functions including data acquisition and detection, real-time irrigation forecast, dynamic water allocation decision and irrigation information management.
But the Department of Water Resources' initial allocation forecast is double what was announced a year ago.
We also demonstrate how unbundling target setting, forecasting, and dynamic resource allocation enables better forward-looking and strategy-oriented decisions in situations requiring negotiation and learning.
To the best of our knowledge, v-TerraFly is the first to study the virtualization of typical web map services and propose QoS-driven resource management for a virtualized web map service through workload forecasting and dynamic resource allocation [19].
Such forecasts may improve input allocation decisions that affect agribusiness and the input supply industry.
Based on an econometric implementation using intradaily data, the optimal portfolio allocation is forecasted at regular time intervals.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com