Question: Problem 2 MedTech wants your help with HR supply estimates. They have estimated employee flow throughout the organization and have mapped this information onto the

Problem 2

MedTech wants your help with HR supply estimates. They have estimated employee flow throughout the organization and have mapped this information onto the following Markov matrix:

Table 2: Transition probability matrix

N

A

B

C

D

Exits

A. Production Engineer

30

90%

10%

B. Team Leader

90

6%

77%

4%

13%

C. Technician Class II

200

10%

65%

5%

20%

D. Technician Class I

250

22%

70%

8%

Total employees (2017)

570

  1. Outline employee movement projections and the supply estimates for each level for next year (i.e., 2018).
  2. Assuming the distribution of employees in the 4 jobs remains the same, utilize your HR demand estimate from problem 1 to calculate how many employees MedTech needs to hire in each position.

(Please attach in excel form if possible)

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