IJPAM: Volume 82, No. 5 (2013)

A STOCHASTIC MODEL FOR ESTIMATION OF EXPECTED
TIME TO RECRUITMENT WITH TWO SOURCES OF
DEPLETION OF MAN POWER UNDER CORRELATED
INTERARRIVAL TIMES

K. Usha$^1$, P. Leelathilagam$^2$, R. Ramanarayanan$^3$
$^1$Department of Mathematics
Queen Marry's College
Chennai, 600004, INDIA
$^2$Department of Mathematics
Vivekanandha College of Engineering for Women
Thiruchengode, 637205, INDIA
$^3$VelTech., Dr. Rangarajan., Dr. Sakunthala.
Technical University
Chennai, 600062, INDIA


Abstract. Leaving of personnel in any organization is a common phenomenon. This results in the loss of manpower and recruitment is suggested to make up the manpower deficiency. At the same time it may be observed that frequent recruitments are not suggested since it involves cost and time. Hence the process of recruitment is postponed till the cumulative loss of manpower crosses a particular level known as threshold. Determination of the expected time to recruitment is an important aspect of studying manpower planning. In this paper the expression for expected time to recruitment is obtained under the assumptions that the interarrival times between the successive epochs of decision making are constantly correlated where as interarrival times between the successive epochs of transfer of personnel to sister organizations are i.i.d randomvariables.

Received: July 15, 2012

AMS Subject Classification: 62NO5

Key Words and Phrases: recruitment, depletion of man power, policy decisions, transfer of personnel, threshold

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DOI: 10.12732/ijpam.v82i5.2 How to cite this paper?
Source: International Journal of Pure and Applied Mathematics
ISSN printed version: 1311-8080
ISSN on-line version: 1314-3395
Year: 2013
Volume: 82
Issue: 5