1. Flexibility in matching
- Author
-
Huan Zheng and Ying Rong
- Subjects
Flexibility (engineering) ,Mathematical optimization ,Matching (statistics) ,Service system ,Multidisciplinary ,Property (programming) ,Process (engineering) ,Computer science ,Job assignment ,Work in process ,Assignment problem - Abstract
We examine a service system that matches jobs and candidates with different ability levels. A candidate’s ability will affect the possibility of obtaining a high return on a job assignment. Based on the property that the jobs to be assigned to a candidate are substituted in an assignment problem, we propose a novel random parameter generating process to demonstrate that the expected reward increases with the ability level of a candidate at a diminishing rate. This observation is consistent with the classic result in process flexibility literature that a little flexibility (i.e., ability level) can capture the most benefit. Our observations can help a company decide the proper level of ability.
- Published
- 2021