International Business Management

123
Views

0
Downloads

A Conceptual Overview on Quantitative Models in Higher Education’s Budget Planning

Rossidah Wan Abdul Aziz, Norngainy Mohd. Tawil, Adibah Shuib and Abdul Halim Mohd. Nawawi
Page: 568-575 | Received 21 Sep 2022, Published online: 21 Sep 2022

By Research Area

Medicine & Public Health Life Sciences Engineering Mathematics Biomedicine Physics Chemistry Computer Science Earth Sciences Social Sciences Business and Management Psychology Materials Science Economics Education Environment Philosophy Statistics Law Political Science and International Relations Pharmacy Dentistry Energy Linguistics Geography Finance Criminology and Criminal Justice Medicine Cultural and Media Studies History Architecture / Design Literature Biomedical Sciences Religious Studies Education & Language Food Science & Nutrition Public Health

By Volume and Issue

Abstract

Managing budget at institution of higher learning is a complex multi-level resource allocation problem where competition and balancing acts are involved at various levels. This study provides a literature review on the applications of Mathematical Programming (MP) in budget planning. It will analyze which variants of MP are the most commonly used and their applications in budget planning in institution of higher learning. It is observed that goal programming constitutes the highest number of mathematical programming model proposed to handle resource allocation and budgeting problem in institution of higher learning.

How to cite this article:

Rossidah Wan Abdul Aziz, Norngainy Mohd. Tawil, Adibah Shuib and Abdul Halim Mohd. Nawawi. A Conceptual Overview on Quantitative Models in Higher Education’s Budget Planning.
DOI: https://doi.org/10.36478/ibm.2012.568.575
URL: https://www.makhillpublications.co/view-article/1993-5250/ibm.2012.568.575