A matheuristic for workforce planning with employee learning and stochastic demand. Issue 24 (17th December 2017)
- Record Type:
- Journal Article
- Title:
- A matheuristic for workforce planning with employee learning and stochastic demand. Issue 24 (17th December 2017)
- Main Title:
- A matheuristic for workforce planning with employee learning and stochastic demand
- Authors:
- Valeva, Silviya
Hewitt, Mike
Thomas, Barrett W. - Abstract:
- Abstract: This paper focuses on the opportunity to direct the development of responsive capacity by recognising that individuals learn through experience when designing workforce plans. We focus on the operations of a product manufacturer that seeks to maximise profit by selling multiple products, while recognising that demands for each product is uncertain. As such, we study a stochastic integer program wherein an organisation can hedge against uncertainty in demand both by holding inventory (at a cost) and building a more responsive production process. Solving this stochastic program presents many computational difficulties, including the fact that quantitative models of human learning are non-linear and the explosion of instance size that result from modelling uncertainty with scenarios. As a result, we propose a matheuristic for this problem and with an extensive computational study demonstrate its ability to produce high-quality solutions in little time.
- Is Part Of:
- International journal of production research. Volume 55:Issue 24(2017)
- Journal:
- International journal of production research
- Issue:
- Volume 55:Issue 24(2017)
- Issue Display:
- Volume 55, Issue 24 (2017)
- Year:
- 2017
- Volume:
- 55
- Issue:
- 24
- Issue Sort Value:
- 2017-0055-0024-0000
- Page Start:
- 7380
- Page End:
- 7397
- Publication Date:
- 2017-12-17
- Subjects:
- matheuristics -- learning -- workforce planning -- task assignment -- stochastic demand
Factory management -- Periodicals
658.57 - Journal URLs:
- http://www.tandfonline.com/toc/tprs20/current ↗
http://www.tandfonline.com/ ↗ - DOI:
- 10.1080/00207543.2017.1349950 ↗
- Languages:
- English
- ISSNs:
- 0020-7543
- Deposit Type:
- Legaldeposit
- View Content:
- Available online (eLD content is only available in our Reading Rooms) ↗
- Physical Locations:
- British Library DSC - 4542.486000
British Library DSC - BLDSS-3PM
British Library STI - ELD Digital store - Ingest File:
- 5615.xml