The Transition Fractions in a Class of Manpower Planning Models
Abstract
Most fractional-flow manpower planning models assume that the 'transition fractions' are either fixed or can be manipulated at will. As neither of these assumptions is very realistic, the authors present a model in which the transition fractions are conceived of as being the product of the complex interaction of three sets of economic agents: the organization, its competitors in the manpower market, and its employees. Subsequently, the sensitivity of the model is explored and possible extensions of it are considered. Finally, a small numerical example is given to illustrate the model's practical applicability.
Document Details
- Document Type
- Technical Report
- Publication Date
- Jun 01, 1974
- Accession Number
- AD0787082
Entities
People
- John P. Weyant
- Richard C. Grinold
Organizations
- University of California, Berkeley