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RCA Open-Source Application (ROSA) is an open-source management accounting application that aims to provide decision-support information to managers. Resource consumption accounting (RCA) is a principle-based approach to management accounting that combines German management accounting techniques known as Grenzplankostenrechnung (GPK) with a disciplined form of activity-based costing.
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]
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.
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.
Hotelling's rule defines the net price path as a function of time while maximizing economic rent in the time of fully extracting a non-renewable natural resource.The maximum rent is also known as Hotelling rent or scarcity rent and is the maximum rent that could be obtained while emptying the stock resource.
As an option, an exported AnyLogic model can be built into other pieces of software and work as an additional module to ERP, [63] MRP, and TMS systems. Another typical use is integration of an AnyLogic model with TXT, MS Excel, [64] or MS Access files and databases (MS SQL, MySQL, Oracle, etc.). Also, Anylogic models include their own databases ...
Data envelopment analysis (DEA) is a nonparametric method in operations research and economics for the estimation of production frontiers. [1] DEA has been applied in a large range of fields including international banking, economic sustainability, police department operations, and logistical applications [2] [3] [4] Additionally, DEA has been used to assess the performance of natural language ...