Stochastic analysis of a non-homogeneous Markov system

Stochastic analysis of a non-homogeneous Markov system

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Article ID: iaor19981617
Country: Netherlands
Volume: 85
Issue: 3
Start Page Number: 670
End Page Number: 685
Publication Date: Sep 1995
Journal: European Journal of Operational Research
Authors:
Abstract:

A stochastic analysis on the non-homogeneous Markov system is outlined firstly in this paper. A method is given for computing the expectations and central quadratic moments of the number of individuals in the various classes at discrete points of time. We also discuss the probability of attaining goal-structures and paths using recruitment control. Finally an illustration is provided of the present results in a manpower system.

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