Forecast the numbers available in each job category

Assignment Help Operation Management
Reference no: EM131147210

The Doortodoor Sports Equipment Company sells sports clothing and equipment for amateur, light sport (running, tennis, walking, swimming, badminton, and golf) enthusiasts. It is the only company in the nation that does this door-to-door, seeking to bypass the retail sporting goods store and sell directly to the customer. Its salespeople have sales kits that include both sample products and a full-line catalog they can use to show the products and discuss them with customers. The sales function is composed of full-time and part-time salespeople (level 1), assistant sales managers (level 2), and regional sales managers (level 3). The company has decided to study the internal movement patterns of people in the sales function, as well as forecast their likely availabilities in future time periods. The results will be used to help identify staffing gaps (surpluses and shortages) and to develop staffing strategy and plans for future growth. To do this, the HR department first collected data for 2013 and 2014 to construct a transition probability matrix, as well as the number of employees for 2015 in each job category. It then wanted to use the matrix to forecast availabilities for 2016.

The following data were gathered:

Transition Probabilities

(2013 – 14) Current (2015)

Job Category Level SF SP ASM RSM Exit No. Employees

Sales, Full-Time (SF) 1 .50 .10 .05 .00 .35 500

Sales, Part-Time (SP) 1 .05 .60 .10 .00 .25 150

Ass’t. Sales Mgr. (ASM) 2 .05 .00 .80 .10 .05 50

Region. Sales Mgr (RSM) 3 .00 .00 .00 .70 .30 30

1. Describe the internal labor market of the company in terms of job stability (staying in same job), promotion paths and rates, transfer paths and rates, demotion paths and rates, and turnover (exit) rates.

2. Forecast the numbers available in each job category in 2016.

3. Indicate potential limitations to your forecasts.

The answers in the textbook solutions didnt seem like it was very descriptive per question it gives good data though

Reference no: EM131147210

Questions Cloud

While driving his sports car negligently : While driving his sports car negligently, Mark Mahoney crashes into a streetlight. The streetlight shoots out sparks that ignite barrels of gasoline sitting out in the open at a nearby construction site owned by Acme Construction. Does Acme Construct..
Create your market forecast and social media advice : The Dog House is a small business that specializes in dog boarding services. The company has been doing well over the last 4 or 5 years but company growth has begun to plateau. The owners are interested in ensuring financial growth and are eager to t..
What are some barriers to effective communication : What communication strategies are associated with effective leadership? Provide examples how they relate in today face paced business enviroment? What are some barriers to effective communication that a leader should overcome?
Models for formulating organizational strategies include : All of the following are challenges, described in the textbook, that today’s managers and organizations face EXCEPT. Models for formulating organizational strategies include: Which of the following is true concerning information in an organization? W..
Forecast the numbers available in each job category : The Doortodoor Sports Equipment Company sells sports clothing and equipment for amateur, light sport (running, tennis, walking, swimming, badminton, and golf) enthusiasts. Describe the internal labor market of the company in terms of job stability (s..
What consumer buying roles and buying behaviors : The company is Seniors First Choice which is a non medical in home company focused toward seniors who want to age in place/home. What consumer buying roles and buying behaviors are particularly relevant for your product?
What is meant by customer contact points : What is meant by customer contact points? Select a company or brand and discuss the various contact points that marketers can use to reach consumers of this product or service.
Businesses appear to fit the business market definition : The company is Senior's First Choice and is a non medical in home care company focused toward seniors wishing to age in place or in home. What specific types of businesses appear to fit the business market definition for this company?
Do you believe the standard of care was violated : Describe a news story or circumstance from your own experience where someone claimed that a doctor, nurse, hospital, nursing home, or other healthcare provider did not treat him or her with the appropriate standard of care. How was the situation hand..

Reviews

Write a Review

Operation Management Questions & Answers

  What is the main weakness for crosbys definition of quality

What is the most attractive feature of Taguchi’s orthogonal designs? If there is a single fear about Taguchi’s orthogonal designs, what would that be? What is the most attractive feature of the Taguchi loss function? What is the main weakness for Cro..

  Should agan expand to the two-consultant system

Agan Interior Design provides home and office decorating assistance to its customers. In normal operation, an average of 2.8 customers arrive each hour. Expand to two consultants, each of whom has an average service time of 10 minutes per customer. I..

  Find the lower control limit for the control chart

A fast food franchise tracked the number of errors that occurred in customers' orders. These included wrong menu item, wrong size drink, lack of condiments,

  What role do external social pressures

What role do external social pressures have in influencing organizational ethics. How might these issues be relevant to organizational and personal decisions

  Describe the different methods of corporate intelligence

Describe the different methods of corporate intelligence (CI) that competitors commonly use? Discuss the ethical and legal methods of obtaining CI as well as some of the unethical and sometimes illegal methods of obtaining CI.

  Develop a top-down level production plan for castergourd

Develop a top-down level production plan for Castergourd for the 10-month planning period. Calcu¬late the total production, hiring, layoff, and inventory costs for your plan.

  What is the multifactor productivity

What is the Multifactor Productivity for Week 1 and Week 2. What is the Labor productivity for Week 1 and Week 2?

  Determine the optimal number of orders per year

The Central Valve Company sells industrial valves and fluid control devices. One of Central's most popular valves is the Western, which has an annual demand of 2,500 units.

  Components must be considered in plan implementation

Discuss why each of the following components must be considered in plan implementation:

  Write down the capacity implications of the marketing

suppose that alwaysrain irrigations marketing department will undertake an intense ad campaign for the bronze

  Variety of bivariate statistical tests

Often, researchers are interested in testing differences in mean scores between groups or in comparing how two groups’ scores are distributed across possible response categories. A variety of bivariate statistical tests can be used in these situation..

  A quality characteristic has design specification

A quality characteristic has a design specification (in cm) of 0.200 ± 0.020. If the actual process value of the quality characteristic is at the boundary of the tolerance on either side, the product will require a repair of $40. Find the value of k,..

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd