DocumentCode :
1519004
Title :
A Markov chain application to an engineering manpower policy problem
Author :
Pegels, C.C.
Author_Institution :
School of Management, State Univ. of New York, Buffalo, NY, USA
Issue :
2
fYear :
1981
fDate :
5/1/1981 12:00:00 AM
Firstpage :
39
Lastpage :
42
Abstract :
Presents a methodology that will aid in determining to what extent internal upwards movement should take place in an organization. The methodology helps in evaluating the turnover that results or is avoided if certain manpower policies are adopted. The methodology is based on the theory of Markov chains. Specific results indicate whether the organization should stress internal training or outside hiring of qualified personnel.
Keywords :
Markov processes; employment; management science; personnel; Markov chains; engineering manpower policy problem; internal training; outside hiring; qualified personnel; turnover; Educational institutions; Labor resources; Markov processes; Organizations; Retirement; Training;
fLanguage :
English
Journal_Title :
Engineering Management, IEEE Transactions on
Publisher :
ieee
ISSN :
0018-9391
Type :
jour
DOI :
10.1109/TEM.1981.6448575
Filename :
6448575
Link To Document :
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