Abstract
The International Maritime Organisation widely amended the International Convention on Standards of Training, Certification and Watchkeeping of Seafarers in 1995 (STCW-95) and the amendment fully came into force on August 1, 2002. This study applied absorbing finite steady first-order Markov Chain to estimate Taiwan deck officers' supply trend and also to understand the supply trend of Taiwan deck officers after the execution of STCW-95 International Convention. The purpose of this study is to forecast the supply trend of Taiwan deck officers and to understand the probability of hierarchical transform of each level, and the average time of serving onboard.
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
More From: International Journal of Management and Decision Making
Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.