African Journal of Mathematics and Computer Science Research · 2010 · 12 citations · 7 references
ManagementHuman Resource ManagementOperations ManagementInventory ManagementOptimizationRecruitmentCapacity AllocationPersonnel EconomicsRecruitment StrategyResource AllocationStaff RecruitmentWorkforce OptimizationDynamic Systems ApproachPersonnel AllocationPromotion PoliciesWagner-whitin ModelWorkforce Allocation
Many manpower models play a dominant role in efficient design and control of manpower system. In this paper, a mathematical model has been developed with the objective of minimizing the manpower system cost during the recruitment and promotion period which are determined by the changes that take place in the system. It resulted in the form of recursive optimization, a dynamic programming, which has been found to be analogous to the Wagner – Whitin model in the production and inventory management. Key words: Recruitment, promotion, dynamic programming and manpower planning.
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Dynamic Version of the Economic Lot Size Model
Harvey M. Wagner, T. M. Whitin · Management Science · 2004 · 2.1K citations
Management, Industrial Engineering, Operations Management +17