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College of Engineering and Petroleum, University of Kuwait

ABSTRACT

The aim of this paper is to present the latest trends and results to be included in the research study of forecasting Kuwait University development. The total number of students (Y) in the successive years is considered as a measure of the dynamic development of the University. It is assumed that (Y) can be expressed as a function of: budget, scholarships, staff members, demonstrators, manpower and libraries. Development of the whole University environment can be expressed by the six-factor Cobb-Douglas function. This function gives a very close fitting to the empirical time series. It gives also a very good smoothing of the series. The models were realized in the form of two programs named CD1 and TS1. Both programs are written in FORTRAN IV language. The final results of the study will be a set of specialized programs suited to Kuwait University. However, the logic and the described processes will be applicable to many institutions. Every institution has unique specifications for information and would necessarily tailor the ideas of this study to its particular needs.