Budget allocation model for the academic library acquisition using data mining technique

Allocation of budget for acquisition of an academic library is an important initiative to enhance the efficiency of management, to accomplish the objectives ensuring the availability of materials in a library. Processing the circulation data of library, two important dimensions, namely, concentration and connection [1] could be explored among departments and library members. This can make the analysis easier by calculating weights in those two important dimensions to make the decision about budget allocation. This paper analyses the circulation data of North South University and suggests for efficient management and budget allocation of the North South University Library by using the above mentioned metrics.