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Fair-Share Rationing: Proportional Shares, Whole Units & the Largest-Remainder Rule

Lesson 5 of 816 minLab

This lesson is part of the course

In this lesson

You share 520 knife sets among five stores in proportion to their requests, round down to whole units, count the units left over and hand them out with the largest-remainder rule so the allocation adds up exactly to the stock.

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Lessons in this course

  1. Running Totals as the Engine: Cumulative Amounts, What Is Left & Where It Runs OutLab15 min Locked
  2. FIFO Payments to Invoices: Oldest First, Allocated Amounts, Open Balances & Part-Paid FlagsLab16 min Locked
  3. Several Payments, Several Invoices: Running Totals on Both Sides & the Allocation MatrixLab17 min Locked
  4. Stock to Orders by Priority: Rank by Two Keys, Demand Ahead & Filled, Part or ZeroLab16 min Locked
  5. Fair-Share Rationing: Proportional Shares, Whole Units & the Largest-Remainder RuleLab16 min Locked
  6. Capacity Allocation: Jobs into Days in Sequence, Finish Days, Dates & OverflowLab16 min Locked
  7. Matching Two Lists: Exact Keys, Amount & Date Tolerances and First-Match RulesLab17 min Locked
  8. Allocation Dashboard: Unallocated Cash, Check Totals, Exceptions & a ChartLab17 min Locked