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The sequential stochastic assignment problem with random success rates

Author

Listed:
  • Arash Khatibi
  • Golshid Baharian
  • Estelle R. Kone
  • Sheldon H. Jacobson

Abstract

Given a finite number of workers with constant success rates, the Sequential Stochastic Assignment problem (SSAP) assigns the workers to sequentially arriving tasks with independent and identically distributed reward values, so as to maximize the total expected reward. This article studies the SSAP, with some (or all) workers having random success rates that are assumed to be independent but not necessarily identically distributed. Several assignment policies are proposed to address different levels of uncertainty in the success rates. Specifically, if the probability density functions of the random success rates are known, an optimal mixed policy is provided. If only the expected values of these rates are known, an optimal expectation policy is derived.

Suggested Citation

  • Arash Khatibi & Golshid Baharian & Estelle R. Kone & Sheldon H. Jacobson, 2014. "The sequential stochastic assignment problem with random success rates," IISE Transactions, Taylor & Francis Journals, vol. 46(11), pages 1169-1180, November.
  • Handle: RePEc:taf:uiiexx:v:46:y:2014:i:11:p:1169-1180
    DOI: 10.1080/0740817X.2014.882530
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    Cited by:

    1. David Bergman & Jason Imbrogno, 2017. "Surviving a National Football League Survivor Pool," Operations Research, INFORMS, vol. 65(5), pages 1343-1354, October.
    2. Arash Khatibi & Sheldon H. Jacobson, 2016. "Doubly Stochastic Sequential Assignment Problem," Naval Research Logistics (NRL), John Wiley & Sons, vol. 63(2), pages 124-137, March.
    3. Arash Khatibi & Golshid Baharian & Banafsheh Behzad & Sheldon Jacobson, 2015. "Extensions of the sequential stochastic assignment problem," Mathematical Methods of Operations Research, Springer;Gesellschaft für Operations Research (GOR);Nederlands Genootschap voor Besliskunde (NGB), vol. 82(3), pages 317-340, December.
    4. Jorge A. Sefair & J. Cole Smith, 2017. "Exact algorithms and bounds for the dynamic assignment interdiction problem," Naval Research Logistics (NRL), John Wiley & Sons, vol. 64(5), pages 373-387, August.

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