Dynamic programming approach to determine optimal manpower recruitment policies

dc.contributor.author	Rao, Poornachandra P.
dc.date.accessioned	2010-03-28T11:36:34Z
dc.date.available	2010-03-28T11:36:34Z
dc.date.copyright	1989-05
dc.date.issued	2010-03-28T11:36:34Z
dc.identifier.uri	http://hdl.handle.net/11718/1730
dc.description.abstract	The manpower planning models available in literature have dealt with how changes takes place in a manpower planning system, under various operating and policy constraints. However none of these models have identified the manpower system costs. In this paper we have identified various manpower system costs. Further, we have developed a manpower planning model with the objective of minimizing the manpower system costs. The model has been found to be analogous to Wagner-Within model in Production/Inventory management. A numerical illustration has been given to validate the model.	en
dc.language.iso	en	en
dc.relation.ispartofseries	WP;1989/800
dc.subject	Dynamic Programming	en
dc.subject	Recruitment of employees	en
dc.subject	Manpower recruitment policy	en
dc.title	Dynamic programming approach to determine optimal manpower recruitment policies	en
dc.type	Working Paper	en