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A mixed-integer goal programming model for capital budgeting within a police department
Abstract A difficult problem for most police departments is allocating limited dollars for capital expenditures in the most efficient manner possible. Because of the varied objectives of police services as perceived by police administrators, government officials and citizens, traditional allocation criteria, such as cost-benefit analysis, are not viable. As such, this paper proposes the use of mixed-integer goal programming as a methodology for selecting police expenditure items given a limited budget and multiple, conflicting objectives. In order to demonstrate this technique, a case example involving 18 potential expenditure items for a moderately-sized police department will be employed. This example model will be solved using a predetermined priority structure, and the results interpreted. Several alternative priority structures that reflect the objectives of different interest groups will then be tested in order to demonstrate the flexibility of this approach.
A mixed-integer goal programming model for capital budgeting within a police department
Abstract A difficult problem for most police departments is allocating limited dollars for capital expenditures in the most efficient manner possible. Because of the varied objectives of police services as perceived by police administrators, government officials and citizens, traditional allocation criteria, such as cost-benefit analysis, are not viable. As such, this paper proposes the use of mixed-integer goal programming as a methodology for selecting police expenditure items given a limited budget and multiple, conflicting objectives. In order to demonstrate this technique, a case example involving 18 potential expenditure items for a moderately-sized police department will be employed. This example model will be solved using a predetermined priority structure, and the results interpreted. Several alternative priority structures that reflect the objectives of different interest groups will then be tested in order to demonstrate the flexibility of this approach.
A mixed-integer goal programming model for capital budgeting within a police department
Taylor, Bernard W. (author) / Keown, Arthur J. (author)
Computers, Environments and Urban Systems ; 6 ; 171-181
1981-01-01
11 pages
Article (Journal)
Electronic Resource
English
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