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Concept
Resource Allocation
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3
Summary
Resource allocation
is the
strategic distribution
of
available assets
to
various projects
or departments to
optimize efficiency
and achieve
organizational goals
. It involves
decision-making processes
to ensure that
limited resources
are used effectively to
maximize output
and
minimize waste
.
Relevant Degrees
Strategic and Operational Direction 40%
Price Formation and Costs 30%
Production Engineering and Planning 20%
Forms of Enterprise 10%
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