When you have finished completing the Markov Analysis tables, please answer the questions that appear on the next page.

Transition Probability Matrix			Current Year
	Job Category	# of Current Employees	(1)	(2)	(3)	(4)	(5)	Turnover Rate
	(1) Stock Associate	700	0.30	0.50	0.00	0.00	0.00	0.20
	(2) Sales Associate	650	0.10	0.52	0.04	0.00	0.00	0.34
	(3) Department Supervisor	275	0.00	0.04	0.20	0.08	0.00	0.68
	(4) Assistant Manager	60	0.00	0.00	0.10	0.25	0.25	0.40
	(5) Store Manager	30	0.00	0.00	0.00	0.00	0.30	0.70

Forecast of Availabilities			Number Forecast for Each Position
	Job Category	# of Current Employees	(1)	(2)	(3)	(4)	(5)	# of Exits
A	(1) Stock Associate	700
B	(2) Sales Associate	650
C	(3) Department Supervisor	275
D	(4) Assistant Manager	60
E	(5) Store Manager	30

Hiring Needs Projections			Number of Hires Needed Next Year
			(1)	(2)	(3)	(4)	(5)
F	Projected number of employees in each position: (add up A-E for each column above)
G	Projected number of hires needed: (Subtract total F from # Current Employees for each Job Category):

part 1. Examine the final results for each job category (e.g., stock associate, sales associate, etc.). According to your calculations, how many hires will be needed for each job category?

Job Category	# of Hires Need
Stock Associate =
Sales Associate =
Department Supervisor =
Assistant Manage =
Store Manager =

part 2. Describe the pattern of projected movement in the Department Supervisor position and Assistan Manager psition.

Department Supervisor
# of Demotions to Sales Associate:
# of Stayers in the Department Supervisor position:
# Promotions from Department Suervisor to Assistant Manager:
# of Department Supervisors Who Left the Company:
# of Demotions from Department Supervisor to Stock Associate:

Assistant Manager
# of Demotions to Department Supervisor
# of Stayers in the Assistant Manager position:
# Promotions from Assistant Manager to Store Manager:
# of Assistant Managers Who Left the Company:
# of Promotions from Sales Associate to Store Manager:

part 3. Examine your results to determine if there are any areas of concern for this company. For instance, will they face any staffing surpluses for any of these positions? Does turnover appear to be a problem for any of the positions?