A model for budget allocation in multi-unit libraries

Anish Arora; Diego Klabjan

doi:10.1016/S1464-9055(02)00277-4

A model for budget allocation in multi-unit libraries

Anish Arora, Diego Klabjan^*

^*Corresponding author for this work

Industrial Engineering and Management Sciences

Research output: Contribution to journal › Article › peer-review

9 Scopus citations

Abstract

This article addresses the problem of allocating funds for acquisition of periodicals among several interrelated units of an academic library. The paper outlines an optimization model for the problem with an objective of maximizing the usage of periodicals over all library units subject to a single collections budget. It further gives an insight into a decision support system in MS Excel based on this model, and it illustrates its successful application to the Library of the University of Illinois at Urbana-Champaign.

Original language	English (US)
Pages (from-to)	423-438
Number of pages	16
Journal	Library Collections, Acquisition and Technical Services
Volume	26
Issue number	4
DOIs	https://doi.org/10.1016/S1464-9055(02)00277-4
State	Published - Dec 2002

Keywords

Allocation formulas
Fund allocation

ASJC Scopus subject areas

Information Systems
Library and Information Sciences

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10.1016/S1464-9055(02)00277-4

Cite this

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title = "A model for budget allocation in multi-unit libraries",

abstract = "This article addresses the problem of allocating funds for acquisition of periodicals among several interrelated units of an academic library. The paper outlines an optimization model for the problem with an objective of maximizing the usage of periodicals over all library units subject to a single collections budget. It further gives an insight into a decision support system in MS Excel based on this model, and it illustrates its successful application to the Library of the University of Illinois at Urbana-Champaign.",

keywords = "Allocation formulas, Fund allocation",

author = "Anish Arora and Diego Klabjan",

note = "Funding Information: The authors are grateful to Professor William H. Mischo and Professor Alexander Scheeline for their priceless support and cooperation, without which this work would not have been possible. In addition they are thankful to the UIUC Library for providing the financial support. ",

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N2 - This article addresses the problem of allocating funds for acquisition of periodicals among several interrelated units of an academic library. The paper outlines an optimization model for the problem with an objective of maximizing the usage of periodicals over all library units subject to a single collections budget. It further gives an insight into a decision support system in MS Excel based on this model, and it illustrates its successful application to the Library of the University of Illinois at Urbana-Champaign.

AB - This article addresses the problem of allocating funds for acquisition of periodicals among several interrelated units of an academic library. The paper outlines an optimization model for the problem with an objective of maximizing the usage of periodicals over all library units subject to a single collections budget. It further gives an insight into a decision support system in MS Excel based on this model, and it illustrates its successful application to the Library of the University of Illinois at Urbana-Champaign.

KW - Allocation formulas

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A model for budget allocation in multi-unit libraries

Abstract

Keywords

ASJC Scopus subject areas

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