Mm. Amini, A MINIMUM-COST ANALYSTS ASSIGNMENT MODEL FOR ASSET EVALUATION OF INSOLVENT SAVING AND LOAN INSTITUTIONS, The Journal of the Operational Research Society, 45(9), 1994, pp. 999-1010
Citations number
21
Categorie Soggetti
Management,"Operatione Research & Management Science","Operatione Research & Management Science
Audit staff planning has been a challenging problem for accounting, au
diting and real estate firms. This paper presents a mathematical model
and a solution methodology for determining the minimum-cost analysts
assignment, when analysts should travel from geographically dispersed
locations to evaluate assets of an insolvent Saving and Loan instituti
on. Computational experiments with the solution algorithm on 27 random
ly generated projects show (a) that the solution methodology efficient
ly generates an optimal solution, and (b) provides the decision maker
with alternative next best plans through ex post sensitivity analysis.
Although specific, variations of the model and algorithm presented he
re can be applied to a variety of audit staff assignment problems in a
ccounting and real estate firms.