Abstract
A deterministic inventory model is developed to investigate the optimum number of persons to be trained by the organization; here we assume the replenishment rate is infinite with no shortages. In our model, we consider an organization with two centres; one is the training centre for the beginners and the other for the experienced which is treated as inventory house. Our aim is to obtain the optimal number of recruits Q for the organization and the optimal number of K employees trained and sent from the training centre to inventory house. The solution of the model is illustrated with the help of sensitivity analysis on the optimal average cost and the batch width. Also the effect of change in demand parameter on the optimal average cost is graphically presented. Keywords: Deterministic inventory model, manpower planning, 2000 mathematics subject classification: 90B05.
Highlights
Recruitment and training of human resources are made in order to meet the changing trends of the organization’s requirements
The inventory of human resources is necessary because the delay in recruitment leads to a heavy loss to the organization
Sarma (1983) has considered the aspect of transportation cost per unit from the rented warehouse (RW) to the owned warehouse (OW) and proposed the K release rule according to which the units from RW to OW are shipped in bulk of size K
Summary
Recruitment and training of human resources are made in order to meet the changing trends of the organization’s requirements. We consider an organization which recruits persons and trains them for its job requirement and hold them as an inventory. The inventory of human resources is necessary because the delay in recruitment leads to a heavy loss to the organization. It is the must for the organization to hold the inventory in the form of trained persons. Bhunia and Maiti (1994) in their paper have discussed a two-warehouse inventory model for a linear trend in demand In this model, we assume the trained persons to be an inventory of an organization. The organization selects some persons with required qualification through interview and trains them for its job requirements along with the bond undertaken They are classified as beginners and experienced persons. H is the fixed training cost of persons in T1
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