Resource Allocation Spreadsheet – The allocation of resources is the distribution of productive assets in different uses.
The issue of resource allocation stems from how companies seek to balance limited resources such as capital, labor and land, in the face of the diverse and unlimited needs of their members. Asset allocation mechanisms encompass the price system in free market economies and government planning, whether in state-run economies in the public sector of mixed economies.
The purpose of distributing resources is always to obtain the maximum productivity possible from a given combination of assets. The most well-known allocation mechanisms are business, home, and government.