ResearchBib Share Your Research, Maximize Your Social Impacts
Sign for Notice Everyday Sign up >> Login

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:

Authors : ; ;

Page : 1001-1005

Keywords : Manpower planning; Shock models; Univariate recruitment policy; SCBZ property; Hypo-Exponential distribution;

Source : Downloadexternal Find it from : Google Scholarexternal

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.

Last modified: 2021-06-30 18:07:59