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 |
- 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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