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Financial Resource Allocation in Higher Education
Informatics in Education Pub Date : 2017-10-14 , DOI: 10.15388/infedu.2017.14
Ana UŠPURIENĖ , Leonidas SAKALAUSKAS , Valerijonas DUMSKIS

The paper considers a problem of financial resource allocation in a higher education institution. The basic financial management instruments and the multi-stage cost minimization model created are described involving financial instruments to constraints. Both societal and institutional factors that determine the costs of educating students are examined and involved into the model, too. A financial flow planning model of an education institution (e.g., university) has been created, using two-stage or four-stage stochastic programming algorithms, with easily selected education institution’s accounting data. The created model has been adapted to solve the two-stage and multi-stage financial flow optimization problem of the branch of university, and the obtained results of two-stage and multi-stage tasks have been compared. A mixed integer programming algorithm, realized in the model using CPLEX Studio 126 for optimization, can be flexibly adapted for practical needs of financial planning of education institutions.

中文翻译:

高等教育财政资源配置

本文考虑了高等教育机构的财政资源分配问题。描述了所创建的基本财务管理工具和多阶段成本最小化模型,其中涉及约束的金融工具。决定教育成本的社会因素和制度因素都将被研究并纳入模型中。已经使用两阶段或四阶段随机规划算法以及易于选择的教育机构的会计数据,创建了教育机构(例如大学)的财务流程计划模型。所建立的模型适用于解决大学分行的两阶段和多阶段财务流程优化问题,并比较了两阶段和多阶段任务的获得结果。
更新日期:2017-10-14
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