Question: You have been asked by your manager to create a human resources staffing plan for a new line that is launching. By using Markov analysis

You have been asked by your manager to create a human resources staffing plan for a new line that is launching. By using Markov analysis what should you do? Here is some information to help you. You work for an aluminum company that employs about 1200 persons. The most critical need that will be at the heart of your plan relates to technical positions. The three positions include Operator, Technician, and Lead Technician. Looking at past data, you know that your Operator positions have about a 70% retention rate. The company usually promotes 20% to Technicians and 10% leave the organization. For Technician positions, there is an 80% retention rate, with 10% promoted to Lead Technician and 10% exiting the company. For Lead Technicians, there is a 80 retention rate, with 10% retiurning to Technician and 10% exiting the company. Currently, there are 600 operators, 120 technicians, and 50 lead technicians. After the new line starts, the company will need 700 operators, 150 technicians, and 70 lead operators.

Please prepare an email to your manager, Emily Clark, HR Manager that provides her with a) your plan for internal and external scans b) your method for predicting your "hire" numbers by classification, and 3) the estimated numbers needed by classification. To earn full credit, you must include a transition probability matrix with your estimates.

Be detailed and specific in your explanation. You should use appropriate professional language in your response.

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