Publication:
Dynamic assignment of flexible service resources

dc.contributor.coauthorBalakrishnan, Anant
dc.contributor.coauthorXu, Susan H.
dc.contributor.departmentDepartment of Business Administration
dc.contributor.kuauthorAkçay, Yalçın
dc.contributor.kuprofileFaculty Member
dc.contributor.otherDepartment of Business Administration
dc.contributor.schoolcollegeinstituteCollege of Administrative Sciences and Economics
dc.contributor.yokid51400
dc.date.accessioned2024-11-10T00:02:44Z
dc.date.issued2010
dc.description.abstractResource flexibility is an important tool for firms to better match capacity with demand so as to increase revenues and improve service levels. However, in service contexts that require dynamically deciding whether to accept incoming jobs and what resource to assign to each accepted job, harnessing the benefits of flexibility requires using effective methods for making these operational decisions. Motivated by the resource deployment decisions facing a professional service firm in the workplace training industry, we address the dynamic job acceptance and resource assignment problem for systems with general resource flexibility structure, i.e., with multiple resource types that can each perform different overlapping subsets of job types. We first show that, for systems containing specialized resources for individual job types and a versatile resource type that can perform all job types, the exact policy uses a threshold rule. With more general flexibility structures, since the associated stochastic dynamic program is intractable, we develop and test three optimization-based approximate policies. Our extensive computational tests show that one of the methods, which we call the Bottleneck Capacity Reservation policy, is remarkably effective in generating near-optimal solutions over a wide range of problem scenarios. We also consider a model variant that requires dynamic job acceptance decisions but permits deferring resource assignment decisions until the end of the horizon. For this model, we discuss an adaptation of our approximate policy, establish the effectiveness of this policy, and assess the value of postponing assignment decisions.
dc.description.indexedbyWoS
dc.description.indexedbyScopus
dc.description.issue3
dc.description.openaccessNO
dc.description.publisherscopeInternational
dc.description.volume19
dc.identifier.doi10.1111/j.1937-5956.2009.01095.x
dc.identifier.eissn1937-5956
dc.identifier.issn1059-1478
dc.identifier.quartileQ1
dc.identifier.scopus2-s2.0-77953497125
dc.identifier.urihttps://doi.org/10.1111/j.1937-5956.2009.01095.x
dc.identifier.urihttps://hdl.handle.net/20.500.14288/16188
dc.identifier.wos277807200003
dc.keywordsFlexible service resources
dc.keywordsOverlapping flexibility structure
dc.keywordsDynamic resource allocation
dc.keywordsHeuristics
dc.keywordsRevenue management call-back option
dc.keywordsRevenue management
dc.keywordsOptimal investment
dc.keywordsContact centers
dc.keywordsPerspective
dc.keywordsFlexibility
dc.keywordsStrategies
dc.keywordsBenefits
dc.keywordsModel
dc.languageEnglish
dc.publisherWiley
dc.sourceProduction and Operations Management
dc.subjectEngineering
dc.subjectManufacturing
dc.subjectOperations research
dc.subjectManagement science
dc.titleDynamic assignment of flexible service resources
dc.typeJournal Article
dspace.entity.typePublication
local.contributor.authorid0000-0002-6189-4859
local.contributor.kuauthorAkçay, Yalçın
relation.isOrgUnitOfPublicationca286af4-45fd-463c-a264-5b47d5caf520
relation.isOrgUnitOfPublication.latestForDiscoveryca286af4-45fd-463c-a264-5b47d5caf520

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