The graph is the the actual picture that shows the resource allocation; the algorithm is the method used to produce that graph.
Rationing
historical method observational method expermental method
The purpose of economic evaluation is to assist policy makers in prioritising resource allocation in the health care sector, by assessing the value for money of alternative interventions (Drummond et al 2005).
C. judgment method
What are the dominate method of resource allocation?Discuss with the help of example?
Reciprocity. Trade in kind.Planned Redistribution. Government handouts as well as government planning.Market allocation.
Incremental
Two method of representing a binary tree is Static allocation, and Dynamic allocation
Storage allocation is a method of saving overall disk space in computer programming terms. This method involves saving similar pieces of data in the same location.
The graph is the the actual picture that shows the resource allocation; the algorithm is the method used to produce that graph.
One method that accounts for all the overhead in a plant, for example, can be included in a single kind of overhead allocation.
One can use 4 methods of Cost Allocation in Healthcare Finance:1. Direct Method2. Step-Down Method3. Double Apportionment Method4. Reciprocal Method
Because in ABC costing overheads are allocated based on activities performed by departments rather based on any rate or formula that's why as much activity any department perform as much cost will be allocated which is more accurate way of allocation.
Indexed allocation is bringing all the pointers together.Tradeoffs?Much more effective for direct access.Inefficient for small filesboth access and space.
Rationing
how does the direct method of cost allocation work