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Journal of the Operational Research Society Volume 27, 1976 - Issue 3
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Theoretical Paper

Note on a Stochastic Manpower Smoothing and Production Model

H. G. DaellenbachEconomics DepartmentUniversity of CanterburyNew Zealand
Pages 573-579 | Published online: 19 Dec 2017
 
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Abstract

It is shown that the optimal policy for a stochastic manpower smoothing and production model, with regular and overtime hours can be characterized by a set of four critical numbers for each state and each period, resulting in substantial computational simplifications.

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