Markov chain: a predictive model for manpower planning

Markov chain: a predictive model for manpower planning

The use of Mathematical models for manpower planning has increased in recent times for better manpower planning quantitatively. In respect of organizational management, numerous previous studies have applied Markov chain models in describing title or level promotions, demotions, recruitments, withd...

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Bibliographic Details
Main Authors: V.O. Ezugwu, S Ologun
Format: Article
Language:English
Published: Joint Coordination Centre of the World Bank assisted National Agricultural Research Programme (NARP) 2017-07-01
Series:Journal of Applied Sciences and Environmental Management
Subjects:
Markov Chain
Transition Probability Matrix
Manpower Planning
Recruitment
Promotion
Wastage
Online Access:https://www.ajol.info/index.php/jasem/article/view/158822

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