This article details the application of an economic theory to the fiscal operation of a small engineering consulting firm. Nobel Prize-winning economist Wassily Leontief developed his general input-output economic theory in the mid-twentieth century to describe the flow of goods and services in the U.S. economy. We use one mathematical model that…

An approach to human performance based on economic concepts is described; the human system employs utility considerations to determine allocation of its limited resources. The efficiency of those resources in performance depends on parameters characterizing the task and the performer. Models and interpretations of dual task performance are…

In the last decade, a modeling technique has been developed to handle complex input/output analyses where outputs involve joint products and there are no known mathematical relationships linking the outputs or inputs. The technique uses the geometrical concept of a six-dimensional shape called a polytope to analyze the efficiency of each…

The logic and methodological concepts behind the application of a quantitative methodology to the problem of effective resource utilization in the New York State suburban schools is detailed. The goal of the study was to determine the best composition of available "factors of production," measured in dollar amounts by function, that…