Forecasting Officer Losses-an Examination of Methods.
AIR FORCE MILITARY PERSONNEL CENTER RANDOLPH AFB TEX
Pagination or Media Count:
Air Force Personnel Managers must be able to accurately forecast the force size. This need is explicit in meeting statutory budget limitations. Further officer losses drive accession, training, and promotion, thus the need for accuracy in forecasting losses cannot be over emphasized. To accomplish this objective loss rates have been generated using Ordinary Least Squares OLS stepwise regression. The objective of this paper is to expose the relative efficacies of alternative methods which could be used viz. Maximum Likelihood Estimation MLE and OLS standardized coefficient Beta predictor models. Author
- Personnel Management and Labor Relations