<P> There may be contingency mechanisms such as a priority ranking of items excluded from the plan, showing which items to fund if more resources should become available and a priority ranking of some items included in the plan, showing which items should be sacrificed if total funding must be reduced . </P> <P> Resource allocation may be decided by using computer programs applied to a specific domain to automatically and dynamically distribute resources to applicants . </P> <P> This is especially common in electronic devices dedicated to routing and communication . For example, channel allocation in wireless communication may be decided by a base transceiver station using an appropriate algorithm . </P> <P> One class of resource whereby applicants bid for the best resource (s) according to their balance of "money", as in an online auction business model (see also auction theory). A study by Emmanuel Yarteboi Annan shows that this is highly important in the resource allocation sector . </P>

What is resource planning why is it needed how is it done in india