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A model developed to aid a state-level resource allocation process in the United States Department of Agriculture Special Supplement Food Program for Women, Infants, and Children (WIC) is presented.
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This is a trivial example of a dynamic resource allocation problem, but it demonstrates some of the core challenges researchers face when tackling these problems.
Unfortunately, modeling efforts focusing on resource allocation by specific types of concentrated industries to specific types of R & D activities are almost nonexistent, with the exception of ...