TIME TO RECRUITMENT IN AN ORGANIZATION THROUGH THREE PARAMETER GENERALIZED EXPONENTIAL MODEL

  • Kannadasan. K 1Department of Statistics, Annamalai University, Chidambaram, India
  • P. Pandiyan Department of Statistics, Annamalai University, Chidambaram, India
  • R. Vinoth Department of Statistics, Annamalai University, Chidambaram, India
  • R. Saminathan Industrial Engineering & Management, National Chiao Tung University, Taiwan.
Keywords: Three parameter generalized exponential distribution, Expected time, Recruitment, Threshold

Abstract

Recruiting employees is an important task for management team in all sectors. The expected time needs to be predicted to make decisions on recruitment. In this paper, statistical model developed to obtain the expected time using three parameters generalized exponential models for reaching threshold level. In the time of recruitment, the assumptions were assumed that independent and identically distributed (i.i.d) random variables for time between decision epochs.Existing numbers at each epoch’s time and threshold level is been calculated. The simulation results were studied to illustrate the proposed model.

 

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Published
2012-08-19
Section
Articles