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TIME TO RECRUITMENT FOR A TWO GRADE MANPOWER SYSTEM WITH TWO SOURCES OF DEPLETION AND CORRELATED INTER-POLICY DECISIONS TIMES USING UNIVARIATE MAX POLICY OF RECRUITMENT

Journal: International Journal of Engineering Sciences & Research Technology (IJESRT) (Vol.4, No. 7)

Publication Date:

Authors : ;

Page : 917-921

Keywords : Two grade manpower system; two sources of depletion of manpower; exchangeable and constantly correlated inter-policy decision times; univariate Max policy of recruitment; and Variance of the time to recruitment.;

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Abstract

In this paper a two graded manpower system in which depletion occurs due to policy and transfer decisions which form respectively two independent sources of depletion is considered. A stochastic model is constructed and using a univariate Max policy of recruitment, the variance of time to recruitment is obtained when inter-policy decision times form a sequence of exchangeable and constantly correlated exponential random variables. Analytical results for the variance of the time to recruitment and other related performance measures.

Last modified: 2015-07-26 18:57:07