Article ID: | iaor19911910 |
Country: | India |
Volume: | 6 |
Start Page Number: | 79 |
End Page Number: | 86 |
Publication Date: | Feb 1990 |
Journal: | International Journal of Management and Systems |
Authors: | Chandra S. |
Keywords: | markov processes |
Different basic stock equations are obtained for a two-characteristic manpower flow, under different recruitment policies. The first set of equations is derived for the situation when for each state, a fixed proportion of stocks are recruited for each time point. The second set of equations is applicable to the case when all vacancies are anticipated and filled up with a fixed proportion of the vacancies being recruited. Finally, the recruitment policy is discussed when the grade sizes expand geometrically.