Journal article
An analysis of an optimal promotion policy for a manpower system using a queuing approach
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Publication Details Author list: Yadavalli, V. S. S., Setlhare, K., Mishra, S. S., & Rajalakshmi, R Publication year: 2006 Journal: Management Dynamics: Journal of the Southern African Institute for Management Scientists, Volume number: 15 Issue number: 2 Start page: 43 End page: 49 Number of pages: 7 |
This study introduces a queuing approach to determine the optimal promotion policy and total optimal cost of promotion in a manpower planning system. In particular, the model attempts to estimate the optimal cost of promotion where the organisation incurs the cost of keeping an employee waiting until a vacancy opens up. The variation effect of various parameters on the total optimal cost of the system of promotion is also assessed by making use of a numerical demonstration of the model
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