Resource Planning for Randomly Arriving Stochastic Jobs

This paper presents a method for planning resources across a finite time horizon when the demands on resources arrive in a Poisson fashion and are stochastic. The approach used is a chance-constrained programming model whose parameters are estimated using an Edgeworth approximation technique.

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Year of publication:	1975
Authors:	Lyons, Norman R.
Published in:	Management Science. - Institute for Operations Research and the Management Sciences - INFORMS, ISSN 0025-1909. - Vol. 21.1975, 8, p. 931-936
Publisher:	Institute for Operations Research and the Management Sciences - INFORMS

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Extent:	application/pdf
Type of publication:	Article
Other identifiers:	10.1287/mnsc.21.8.931 [DOI]
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10009218084