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