A conceptual overview on quantitative models in higher education's budget planning

Rossidah Wan Abdul Aziz, Norngainy Mohd Tawil, Adibah Shuib, Abdul Halim Mohd Nawawi

Research output: Contribution to journalArticle

1 Citation (Scopus)

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.

Original languageEnglish
Pages (from-to)568-575
Number of pages8
JournalInternational Business Management
Volume6
Issue number5
DOIs
Publication statusPublished - 2012

Fingerprint

Education
Planning
Quantitative model
Mathematical programming
Resource allocation
Budgeting
Allocation problem
Goal programming
Literature review

Keywords

  • Budget planning
  • Budgeting
  • Higher learning
  • Mathematical programming
  • Resource allocation

ASJC Scopus subject areas

  • Business and International Management
  • Strategy and Management

Cite this

A conceptual overview on quantitative models in higher education's budget planning. / Aziz, Rossidah Wan Abdul; Mohd Tawil, Norngainy; Shuib, Adibah; Nawawi, Abdul Halim Mohd.

In: International Business Management, Vol. 6, No. 5, 2012, p. 568-575.

Research output: Contribution to journalArticle

Aziz, Rossidah Wan Abdul ; Mohd Tawil, Norngainy ; Shuib, Adibah ; Nawawi, Abdul Halim Mohd. / A conceptual overview on quantitative models in higher education's budget planning. In: International Business Management. 2012 ; Vol. 6, No. 5. pp. 568-575.
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