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Goal Programming as a Solution Technique for the Acquisitions Allocation Problem
Institution:1. Research Scholar, Shri Shankaracharya Technical Campus, Bhilai, Durg 490020, India;2. Department of Applied Mathematics, Shri Shankaracharya Engineering College, Bhilai, Durg 490020, India;3. Senior Academic Consultant, Chhattisgarh Swami Vivekanand Technical University, Bhilai
Abstract:Decisions influencing the allocation of acquisitions funds in academic libraries are often based on the influence of many conflicting expectations ranging from those of the university community, administrators, faculty, and students to those of the librarians themselves. Any effective allocation model must be capable of reflecting the librarian's judgment about the priority of desired goals within the constraints of the existing situation. Most allocation models fail to meet this requirement. This article demonstrates how goal programming techniques can be used to provide an optimal allocation solution within the context of conflicting and incommensurate goals. A goal programming model is developed and used to illustrate the solution of a library acquisition allocation problem.
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