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Wholeben, Brent Edward – 1984
This paper defines, develops, and displays a mathematical modeling formulation for exploring decisions available to the higher educational administrator in evaluating discrete educational program budgets (instructional, service, and administrative) for possible future funding alternatives. Complex budget reduction strategies can be…
Descriptors: Budgeting, Computer Simulation, Cost Effectiveness, Cost Estimates
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Chambers, Jay G.; Parrish, Thomas B. – 1984
The Resource Cost Model (RCM) is a resource management system that combines the technical advantages of sophisticated computer simulation software with the practical benefits of group decision making to provide detailed information about educational program costs. The first section of this document introduces the conceptual framework underlying…
Descriptors: Budgeting, Computer Simulation, Computer Software, Cost Estimates