Mean Time to Recruitment for a Multi Grade Manpower System with Single Threshold, Single Source of Depletion When Wastages form a Geometric Process and Inter Decision Time Forms Ordinary Renewal Process, Order Statistics
Journal: International Journal of Science and Research (IJSR) (Vol.6, No. 10)Publication Date: 2017-10-05
Authors : K. Srividhya; S. Sendhamizhselvi;
Page : 1705-1710
Keywords : Geometric process; Two types of policy decisions with high or low attrition rate; Hyper exponential; Mean time to recruitment;
Abstract
In this paper, for a marketing organization consisting of multi grades subject to the depletion of manpower (wastages) due to policy decisions with high or low attrition rate, is considered. An important system characteristic namely the mean time to recruitment is obtained for a suitable policy of recruitment when (i) wastages are independent and identically distributed Geometric process and (ii) threshold for each grade has single components with exponential distribution, and (iii) the inter-policy decisions form an ordinary renewal process or order statistics is considered.
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