A Procedure for Forecasting the Size of a Force Subject to Random Withdrawal,
Abstract
The paper presents an adaptive forecasting procedure developed for the estimation of the total force size of large organizations, whose members are subject to a random withdrawal process. The forecasting of the number of members who will stay in the organization is based on the estimation of retention rates for the organization. These estimates are adaptively changed before every forecasting epoch. Numerical examination of the procedure on actual data of the Marine Corps shows that it provides effective estimates.
Document Details
- Document Type
- Technical Report
- Publication Date
- Jun 24, 1975
- Accession Number
- ADA013174
Entities
People
- S. Zacks
- Sheldon E. Haber
Organizations
- George Washington University