TITLE:
Application of Sphere Packing Theory in Government Budget
AUTHORS:
Gantigmaa Ganlkhagva, Ankhbayar Chuluunbaatar, Tungalag Natsagdorj, Enkhbat Rentsen
KEYWORDS:
Sphere Packing, Optimization, Linear Programming, Fiscal Deficit, Government Budget
JOURNAL NAME:
iBusiness,
Vol.15 No.4,
December
29,
2023
ABSTRACT: The sphere packing problem involves packing non-overlapping spheres with
maximum volume into a convex set. The purpose of this work is to propose a
novel application of the sphere packing problem to the government budget issue
and to formulate a mathematical model for reducing the government budget
deficit. In the numerical experiment, we used statistical data on the Mongolian
economy from 2013 to 2022. We considered 19 types of revenues and 28 types of
expenditures. The numerical experiment shows that with specific adjustments to
current government revenue and expenditure, the government can decrease the
budget deficit.