Showing 1 - 10 of 308
devoted to planning talent pipelines for complex global organizational environments does not reflect this emphasis. Numerous … challenges exist in establishing human resource management strategies aligned with strategic operations planning and growth … in a stochastic environment to assist managers with talent planning in their organizations. We apply supply chain …
Persistent link: https://www.econbiz.de/10015194920
We study a new variant of the classical lot sizing problem with uncertain demand where neither the planning horizon nor … lately during the transportation process. In terms of planning, this setting necessitates a rolling horizon procedure where … the overall multistage problem is dissolved into a series of coupled snapshot problems under uncertainty. Depending on the …
Persistent link: https://www.econbiz.de/10014504135
In this paper we formulate a model for foreign exchange exposure management and (international) cash management taking into consideration random fluctuations of exchange rates. A vector error correction model (VECM) is used to predict the random behaviour of the forward as well as spot rates...
Persistent link: https://www.econbiz.de/10009465463
This paper presents a profit-oriented shift scheduling approach for inbound contact centers. The focus is on systems in which multiple agent classes with different qualifications serve multiple customer classes with different needs. We assume that customers are impatient, abandon if they have to...
Persistent link: https://www.econbiz.de/10010264932
In this paper, we present a multi-stage stochastic programming model that integrates financial hedging decisions into … the planning of strategic production networks under uncertain exchange rates and product demands. This model considers the … expenses of production plants and the revenues of markets in different currency areas. Financial portfolio planning decisions …
Persistent link: https://www.econbiz.de/10010421388
This paper investigates the farm level impacts of multiple peril yield and revenue insurance in an expected value-variance framework. The analysis is conducted using stochastic simulation jointly with numerical optimisation. Simulation is used to compute the means and variances of revenues as...
Persistent link: https://www.econbiz.de/10009443846
The optimization of decentralized energy systems is an important practical problem that can be modeled using stochastic programs and solved via their large-scale, deterministic equivalent formulations. Unfortunately, using this approach, even when leveraging a high degree of parallelism on large...
Persistent link: https://www.econbiz.de/10011812611
demands at minimum cost. Facilities can have their capacities adjusted over the planning horizon through incrementally … provided on the impact of the two different frameworks for planning capacity adjustments on the network configuration and total …
Persistent link: https://www.econbiz.de/10012119231
Nursing workforce management is a challenging decision-making task in hospitals. The decisions are made across different timescales and levels from strategic long-term staffing budget to mid-term scheduling. These decisions are interconnected and impact each other, therefore are best taken by...
Persistent link: https://www.econbiz.de/10012662755
The aim of this paper is to analyse the role of uncertainty in shaping the decisions of firms in the underground economy. Following the option value approach, we present a dynamic model which captures (i) the irreversibility of riallocation decisions from the underground sector to the legal...
Persistent link: https://www.econbiz.de/10005408273