Question: Now you need to evaluate supply. PIP has only data that they tracked and put into a transition probability matrix (below). They do not track

Now you need to evaluate supply. PIP has only data that they tracked and put into a transition probability matrix (below). They do not track supply in other ways.

FD/GR Assoc

Facilities (FM)

Security

Exit

FD/GR Assoc (350)

.35

.15

.05

.45

Facilities(FM) (630)

.05

.75

.00

.20

Security (189)

.01

.05

.70

.24

  1. Calculate projected supply for FM Associate using the transition probability matrix.

Based on your knowledge of this company (see background information), make at least 2 recommendations to management on how they can improve in tracking their supply

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