Adaptive Stochastic Manpower Scheduling

Bayesian forecasting models provide distributional estimates for random parameters, and relative to classical schemes, have the advantage that they can rapidly capture changes in nonstationary systems using limited historical data. Stochastic programs, unlike deterministic optimization models, explicitly incorporate distributions for random parameters in the model formulation, and thus have the advantage that the resulting solutions more fully hedge against future contingencies. In this paper, we exploit the strengths of Bayesian prediction and stochastic programming in a rolling-horizon approach that can be applied to solve real-world problems. We illustrate the methodology on an employee scheduling problem with uncertain uptimes of manufacturing equipment and uncertain production rates.

• Type: Conference
• Year: 1998
• Where: WSC
• Authors: Elmira Popova, David P. Morton
• Keywords: Bayesian Forecasting Models, Deterministic Optimization Models, Modeling And Simulation, Random Parameters, WSC 1998