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 |
- Outline employee movement projections and the supply estimates for each level for next year (i.e., 2018).
- 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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