Mean And Variance Of The Time To Recruitment In A two Graded Manpower System

摘要

In this paper, an organization with two grades subjected to exit of personnel due to the policy decisions taken by the organization is considered. A mathematical model is constructed using an univariate recruitment policy based on the shock model approach, in which the threshold levels of the two grades are combined together. The mean and variance of the time to recruitment are obtained and the analytical results are numerically illustrated.