• DocumentCode
    2610738
  • Title

    Study on the funds allocation of R&D projects base on fuzzy random programming

  • Author

    Liang, Laixin ; Ma, Rufei ; Huang, Yuyun

  • Author_Institution
    Central South Univ., Changsha
  • fYear
    2007
  • fDate
    2-4 Dec. 2007
  • Firstpage
    1058
  • Lastpage
    1062
  • Abstract
    Different with ordinary projects, R&D project is uncertain both in profit and in the possibility of success. Under this uncertainty, it is a difficulty for enterprises to allocate resource to maximize the expected profit. In view of this fact, this paper introduce a the logical growth function of the R&D project success probability, and integrate it with the uncertainty of profit, develop a fuzzy random expected value models to solve the difficulty of resource allocation in R&D project. At last, a heredity algorithm is designed in order to solve the fuzzy random expected value models.
  • Keywords
    financial management; fuzzy set theory; profitability; project management; research and development; resource allocation; R&D projects; funds allocation; fuzzy random programming; profit; resource allocation; Algorithm design and analysis; Financial management; Fuzzy logic; Fuzzy sets; Mathematical programming; Portfolios; Research and development; Research and development management; Resource management; Uncertainty; Fuzzy random programming; Heredity algorithm; R&D project;
  • fLanguage
    English
  • Publisher
    ieee
  • Conference_Titel
    Industrial Engineering and Engineering Management, 2007 IEEE International Conference on
  • Conference_Location
    Singapore
  • Print_ISBN
    978-1-4244-1529-8
  • Electronic_ISBN
    978-1-4244-1529-8
  • Type

    conf

  • DOI
    10.1109/IEEM.2007.4419354
  • Filename
    4419354