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WAFLEX has been applied extensively, especially in southern Africa and South America, including for: Water allocation: between Eswatini, South Africa and Mozambique on the transboundary Inkomati River, [2] [3] in the Conapu Basin in Trinidad, [4] in the Thuli Basin, Zimbabwe, [5] and to model shortages and water allocation in the middle Heihe River in China.
In the context of an entire economy, resources can be allocated by various means, such as markets, or planning. In project management, resource allocation or resource management is the scheduling of activities and the resources required by those activities while taking into consideration both the resource availability and the project time. [1]
Economic planning is a resource allocation mechanism based on a computational procedure for solving a constrained maximization problem with an iterative process for obtaining its solution. Planning is a mechanism for the allocation of resources between and within organizations contrasted with the market mechanism.
In organizational studies, resource management is the efficient and effective development of an organization's resources when they are needed. Such resources may include the financial resources, inventory, human skills, production resources, or information technology (IT) and natural resources.
The Partial Allocation Mechanism (PAM) is a mechanism for truthful resource allocation.It is based on the max-product allocation - the allocation maximizing the product of agents' utilities (also known as the Nash-optimal allocation or the Proportionally-Fair solution; in many cases it is equivalent to the competitive equilibrium from equal incomes).
Banker's algorithm is a resource allocation and deadlock avoidance algorithm developed by Edsger Dijkstra that tests for safety by simulating the allocation of predetermined maximum possible amounts of all resources, and then makes an "s-state" check to test for possible deadlock conditions for all other pending activities, before deciding whether allocation should be allowed to continue.
Mineral resource estimation is used to determine and define the ore tonnage and grade of a geological deposit, from the developed block model. There are different estimation methods used for different scenarios dependent upon the ore boundaries, geological deposit geometry, grade variability and the amount of time and money available.
The applications of AHP include planning, resource allocation, priority setting, and selection among alternatives. [6] Other areas have included forecasting, total quality management, business process reengineering, quality function deployment, and the balanced scorecard. [1] Other uses of AHP are discussed in the literature:
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