Abstract
In any organization when the policy decisions related to emoluments, benefits and objectives are announced then the exit of personnel is occurred. When the exit of personnel occurs, time overwhelming and expense happened for the recruitment , so that the recruitment cannot introduced in real time and also frequent recruitment are not encouraged, when the cumulative loss of manpower on critical occasion cross the level called as threshold, then only the recruitment is introduced and made. A mathematical model is developed using univarity policy of recruitment based on shock model approach in this paper. The inter-policy decision times and the inter-transfer decision times form same renewal process for three grades to obtain the mean variance of the time to recruitment. Mathematical equations for mean time to recruitment are developed using Laplace transform.
Highlights
In any administrative and manufacturing company the frequent exit of personnel is common, in organization whenever the revised policies related to sales target, revision of wages, incentives and benefits are announced departure of employees is possible
The company reaches an uneconomic status which is known as the breakdown point when the threshold level the recruitment is made at the time. the time to reach the breakdown point is an important factor for the management of the company
The problem of time to recruitment in a marketing organization under different conditions have been analyzed by Sathyamoorthi and Elangovan [3] and Sathyamoorthi and Parthasarathy [4]
Summary
In any administrative and manufacturing company the frequent exit of personnel is common, in organization whenever the revised policies related to sales target, revision of wages, incentives and benefits are announced departure of employees is possible. A single grade system subjected to exit of personnel due to policy decisions related to pay decided by the organization has been constructed by Rojamary and Uma [9] and the mathematical expression for the long-run average cost was derived by assuming geometric process for survival time process and two components threshold. Mean and variance of time to recruitment for three grade manpower system with two sources of depletion has been determined and the inter-policy decision times and the inter-transfer decision times are the same for renewal process has been presented by Rojamary and Uma [10]. The inter-policy decision times and inter-transfer decision times are considered the same for the renewal processes
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