Estimation of Variance of the time to recruitment under two sources of depletion
Journal: International Journal of Advanced Computer Research (IJACR) (Vol.3, No. 13)Publication Date: 2013-12-30
Authors : S.Dhivya; A.Srinivasan;
Page : 74-78
Keywords : Two grade manpower system; two sources of depletion; univariate recruitment policy; renewal process and variance of the time to recruitment.;
Abstract
In this paper, the problem of time to recruitment is studied using a univariate policy of recruitment for a two grade manpower system in which attrition which leads to loss of manpower takes place due to two sources of depletion. A stochastic model is constructed and the variance of the time to recruitment is obtained when the inter-policy decision times for the two grades form same renewal processes but the inter-transfer decision times form the two different renewal processes. The results are illustrated and specific conclusions are given on the influence of parameters over the performance measures.
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