3. A large company has two offices, with Office A housing 1300 employees and Office B having...
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3. A large company has two offices, with Office A housing 1300 employees and Office B having 700. Every year, there is a 20% chance that employees at Office A will need to transfer to work at Office B; likewise, there is a 10% chance that employees at Office B will need to transfer to Office A. a. What will the respective office population sizes be in the next year? In two years? b. What will the equilibrium populations of the two offices eventually be?
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International Marketing And Export Management
ISBN: 9781292016924
8th Edition
Authors: Gerald Albaum , Alexander Josiassen , Edwin Duerr
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