Question: A . Transition Probability matrix year 1 year 2 year 3 year 4 year 5 Exit 1 . store associate 0 . 5 3 0

A. Transition Probability matrix year 1 year 2 year 3 year 4 year 5 Exit
1. store associate 0.530.060000.41
2. shift leader 00.50.16000.34
3. department manager 000.580.1200.3
4. assistant store manager 000.060.460.080.4
5. store manager 00000.660.34
B. Forcast of availabilities year 1 year 2 year 3 year 4 year 5 exit
current workforce
1. store associate 8500
2. shift leader 1200
3. department manager 850
4. assistant store manager 150
5. store manager 50
total (years end total forcast)
d. Next year gap projections
12345
current workforce 8500
years end total forcast 4505
external hires needed 3995

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