Design and Application of Budget Resource Allocation Optimization Model Under Multi-Objective Constraints

This study is dedicated to building and implementing a model for optimizing the allocation of budget resources under multiple objective constraints, aiming to improve resource utilization efficiency and maximize cost-effectiveness. Scientifically optimizing resource allocation involves defining a series of decision variables, setting necessary constraints, and constructing an objective function with weights. In a high-tech enterprise, a case analysis reveals how the model adapts to environmental changes through dynamic adjustments. The study shows that after the model is applied, the budget has been effectively reduced, the cost savings rate has been significantly improved, and the expected and actual benefits of the project have also achieved considerable growth. The study shows that the use of this model can significantly improve the resource utilization efficiency of enterprises in the market, thereby enhancing their economic benefits and market competitiveness.

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Publication Details

Published
2024-12-13
DOI
https://doi.org/10.1109/icftic64248.2024.10912936
Primary Topic
Evaluation and Optimization Models
Type
article
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article

Design and Application of Budget Resource Allocation Optimization Model Under Multi-Objective Constraints

Mengqian Zhang, Shiyuan Lin, Mengzhe Liu, Wei Yong Jiang et al.
Evaluation and Optimization Models
article

Design and Application of Budget Resource Allocation Optimization Model Under Multi-Objective Constraints

Mengqian Zhang, Shiyuan Lin, Mengzhe Liu, Wei Yong Jiang, Chenhong Zheng
article en

Abstract

This study is dedicated to building and implementing a model for optimizing the allocation of budget resources under multiple objective constraints, aiming to improve resource utilization efficiency and maximize cost-effectiveness. Scientifically optimizing resource allocation involves defining a series of decision variables, setting necessary constraints, and constructing an objective function with weights. In a high-tech enterprise, a case analysis reveals how the model adapts to environmental changes through dynamic adjustments. The study shows that after the model is applied, the budget has been effectively reduced, the cost savings rate has been significantly improved, and the expected and actual benefits of the project have also achieved considerable growth. The study shows that the use of this model can significantly improve the resource utilization efficiency of enterprises in the market, thereby enhancing their economic benefits and market competitiveness.

Fujian Electric Power Survey & Design Institute (CN)
Openalex Percentile: Top 66%
Evaluation and Optimization Models
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Design and Application of Budget Resource Allocation Optimization Model Under Multi-Objective Constraints — Mengqian Zhang, Shiyuan Lin, et al. · (2024) | TGRS Research Map | TGRS