UNEMPLOYMENT PERIOD QUANTITATIVE APPROACH THROUGH INFINITE SERVERS QUEUE SYSTEMS
Event Title
International Scientific Conference on Quantitative Methods in Economics - Multiple Criteria Decision Making XVIII
Year (definitive publication)
2016
Language
English
Country
Slovakia
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Abstract
This paper stands over the (Ferreira, Filipe and Coelho, 2014) work. There using results on
the infinite servers queue systems with Poisson arrivals - M|G|? queues - busy period, it is
presented an application of those queue systems in the unemployment periods time length
parameters and distribution function study. It is now completed with an economic analysis
aiming the evaluation of the assistance costs due. These queue systems are adequate to the
study of many population processes, and this quality is brought in here. The results presented
are mainly on unemployment periods length and their number in a certain time interval. Also,
some questions regarding the practical applications of the outlined formulas are discussed.
Acknowledgements
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Keywords
Infinite servers queues,busy period,unemployment.
Fields of Science and Technology Classification
- Mathematics - Natural Sciences
- Economics and Business - Social Sciences
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