Determination of Mean and Variance of the Time to Recruitment with Two Sources of Depletion

Abstract

In any organization the exit of personnel   occurs, especially once the policy decisions   relating to pay, perquisites and targets are proclaimed. In real time, once the exit of personnel   happens, the recruitment cannot be introduced as a result of it’s time overwhelming and costly. Frequent recruitments also are not fascinating. Thus, the recruitment   is made   solely   once the additive loss of manpowers on sequent occasion cross the level referred to as threshold. Based on shock model approach, a mathematical model is constructed using a appropriate univariate policy of recruitment.The mean and variance of the time to recruitment is obtained when the inter-policy decision times and the inter-transfer decision times for the three grades form same renewal process. Numerical illustrations are additionally provided.