The Transition Fractions in a Class of Manpower Planning Models
CALIFORNIA UNIV BERKELEY OPERATIONS RESEARCH CENTER
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Most fractional-flow manpower planning models assume that the transition fractions are either fixed or can be manipulated at will. As neither of these assumptions is very realistic, the authors present a model in which the transition fractions are conceived of as being the product of the complex interaction of three sets of economic agents the organization, its competitors in the manpower market, and its employees. Subsequently, the sensitivity of the model is explored and possible extensions of it are considered. Finally, a small numerical example is given to illustrate the models practical applicability.
- Personnel Management and Labor Relations