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Stochastic Workforce Optimization Via a General Stochastic Loss Network
Tue, Mar 23, 2010 @ 03:30 PM - 04:30 PM
Daniel J. Epstein Department of Industrial and Systems Engineering
University Calendar
DANIEL J. EPSTEIN DEPARTMENT OF INDUSTRIAL & SYSTEMS ENGINEERING SEMINARTitle: "Stochastic Workforce Optimization Via a General Stochastic Loss Network"Speaker: Dr. Yingdong Lu, Research Staff Member, IBM T.J. Watson Research Center, Yorktown Heights, NYABSTRACT: We discuss a stochastic loss network approach for workforce capacity planning. Nonlinear optimization problems are formulated to capture business values of a successful workforce deployment. Essential probabilistic and algorithmic issues in solving this class of optimization problem will be presented in detail. More specially, we describe a Gaussian fixed-point approximation for calculating the loss probabilities in a stochastic loss network with general renewal arrivals, and shows that it is asymptotic exact under proper scaling. Furthermore, we discuss two other loss probability approximation algorithms whose errors can be more accurately estimated.TUESDAY, MARCH 23, 2010, ANDRUS GERONTOLOGY BUILDING(GER) ROOM 309, 3:30 – 4:30 PM
Location: Ethel Percy Andrus Gerontology Center (GER) - 309
Audiences: Everyone Is Invited
Contact: Georgia Lum
