Estimation of Mean Time to Recruitment for a Two Graded Manpower System Involving Independent and Non-Identically Distributed Random Variables with Thresholds having SCBZ Property
Journal: International Journal of Science and Research (IJSR) (Vol.6, No. 3)Publication Date: 2017-03-05
Authors : S. Jenita; S. Sendhamizh Selvi;
Page : 1001-1005
Keywords : Manpower planning; Shock models; Univariate recruitment policy; SCBZ property; Hypo-Exponential distribution;
Abstract
In this paper, an organization subjected to a random exit of personnel due to policy decisions taken by the organization is considered, there is an associated loss of manpower if a person quits the organization. As the exit of personnel is unpredictable, a recruitment policy involving two thresholds, optional and mandatory is suggested to enable the organization to plan its decision on recruitment. Based on shock model approach, a mathematical model is constructed using an appropriate univariate policy of recruitment. The analytical expression for the mean time to recruitment is obtained when i) the loss of manpower forms a sequence of independent and non-identically distributed continuous random variables ii) inter-decision times are independent and non-identically distributed continuous random variables and iii) the optional and mandatory thresholds having SCBZ property.
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