TY  - JOUR
AB  - Subject area Operations ManagementStudy level/applicability MBA/Post GraduateCase overview This case attempts to highlight a very common resource allocation dilemma in a real-life scenario. The majority of today’s problems are solved by the methodology of trial and error. This case shows how a generic trial-and-error solution, if buttressed by a proper quantitative methodology, can have substantial impact on the bottom-line of an organization. The case concentrates on three disparate focus areas in a didactic fashion, namely, the ability to retrieve raw data and convert it into a utilizable form if a quantitative method is to be applied; the ability to comprehend the resource constraints of a typical real-life situation; and the skill required to develop and solve an optimization problem in Excel Solver, a product which can easily be accessed by any practitioner.Expected learning outcomes Expected learning outcomes are as follows: students learn to formulate a Mixed-Integer programming model; to interpret optimal solutions and appreciate the application of “Optimization”; to recommend a resource allocation strategy; and to understand the importance of cost minimization in organizations.Supplementary materials Teaching Notes are available for educators only. Please contact your library to gain login details or email support@emeraldinsight.com to request teaching notes.Subject code CSS: 9: Operations and Logistics
VL  - 8
IS  - 1
SN  - 2045-0621
DO  - 10.1108/EEMCS-01-2017-0009
UR  - https://doi.org/10.1108/EEMCS-01-2017-0009
AU  - Nath Roy Sudipendra
AU  - Sengupta Tuhin
PY  - 2018
Y1  - 2018/01/01
TI  - Indian PharmaChem: a resource allocation peccadillo
T2  - Emerald Emerging Markets Case Studies
PB  - Emerald Publishing Limited
SP  - 1
EP  - 15
Y2  - 2024/09/20
ER  -