4 Ergebnisse.

In recent years, Applied Actuarial Science [AAS] is being widely used for decision making in the field of Insurance sectors. As with most tools, however, AAS is useless the user understands its application and purpose. The user has to ensure the actuarial science input accurately reflects the real-life problems to be solved and that the results are correctly applied to solve them. With this in mind, this text emphasizes its applications. This ...

Manpower planning is an attempt to match the supply of people with the jobs available for them. It can also be viewed as a process by which management determines how the organization should move from its current manpower structure to desired one. Since it depends on the non-predictive behavior of human beings and also on the uncertain environment, stochastic models of manpower planning have been proposed. These models incorporate several facto...

In order to minimize the cash outflow, an optimization model for a manpower system is considered, where in the vacancies are filled up based on promotion and recruitment. A mathematical model is constructed based on the mapping of a manpower system with an appropriate Queuing Model and Transportation Model with the objective of recruitment cost minization. Essentially, the standard portfolio optimization problem is to identify the optimal allo...

The Book is of very much important because, the performance measure using Traditional Approaches considers only two variables at a time, whereas, in the case of DEA more than two variables can be compared at a time. The author utilizes the additive type based DEA models. This enables the Business Man to face a real clear vision over the performance rating. Thus, this subject area is having its own importance for its present scenario.