A STOCHASTIC MODEL FOR ESTIMATION OF EXPECTED TIME TO RECRUITMENT WITH TWO SOURCES OF DEPLETION OF MAN POWER UNDER CORRELATED INTERARRIVAL TIMES

Leaving of personnel in any organization is a common phenomenon.
This results in the loss of manpower and recruitment is suggested to make up
the manpower deficiency. At the same time it may be observed that frequent
recruitments are not suggested since it involves cost and time. Hence the process
of recruitment is postponed till the cumulative loss of manpower crosses
a particular level known as threshold. Determination of the expected time to
recruitment is an important aspect of studying manpower planning. In this
paper the expression for expected time to recruitment is obtained under the
assumptions that the interarrival times between the successive epochs of decision
making are constantly correlated where as interarrival times between
the successive epochs of transfer of personnel to sister organizations are i.i.d
randomvariables.