A new continuous time optimal control model for manpower planning with promotion from inside the system
Alireza Pooya () and
Morteza Pakdaman ()
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Alireza Pooya: Ferdowsi University of Mashhad
Morteza Pakdaman: Climatological Research Institute
Operational Research, 2021, vol. 21, issue 1, No 13, 349-364
Abstract The aim of this paper is to face the manpower planning problem from a continuous time optimal control perspective. A new continuous-time manpower planning model is proposed in which the promotions occur inside the system. The proposed model contains four main sections: applicants, newcomers, experienced employees and supervisors (or managers). Each of these sections has a target value which we try to attain them by applying appropriate control variables, such as lay off, degradation, promotion and retirement. To attain the targets, we formulated an optimal control problem using a linear system transition equation with a quadratic cost functional. Finally, the proposed model is applied for a real-world organization as a case study.
Keywords: Optimal control problem; Linear quadratic optimal control; Manpower planning; Human resource planning (search for similar items in EconPapers)
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