This mathematical programing model was developed to provide the State Board of Education with complete information for evaluating decisions about the efficient allocation of vocational education funds to local school districts. The model, based on a supply-demand criterion, was tested on a set of occupational training programs within a given Labor Market Area of Pennsylvania. It was thus demonstrated that the model provides a generalizable procedure that can be applied to all labor markets in the State. The study integrates theories and concepts from the fields of vocational education, operations research, educational administration, and mathematical economics. The generalizability of the model is also enhanced by the fact that the administration of vocational education programs in every state must follow the regulations set forth in the guidelines provided by the U.S. Office of Education. This report is based on a doctoral dissertation. (Author)