Mean and Variance of Time to Recruitment in A Two Graded Manpower System with Correlated Inter-Decision Times Involving Depletion Having Independent and Non-Identically Distributed Random Variables

Abstract

Abstract:In this paper, an organization subjected to a random exit of The analytical expressions for mean and variance of time to recruitment is obtained when i) the loss of manpower forms a sequence of independent and non-identically distributed exponential random variables ii) inter-decision times are exchangeable and constantly correlated exponential random variables iii) the optional and mandatory thresholds having exponential distribution.