Forecast the numbers available in each job category

Assignment Help Operation Management
Reference no: EM131147210

The Doortodoor Sports Equipment Company sells sports clothing and equipment for amateur, light sport (running, tennis, walking, swimming, badminton, and golf) enthusiasts. It is the only company in the nation that does this door-to-door, seeking to bypass the retail sporting goods store and sell directly to the customer. Its salespeople have sales kits that include both sample products and a full-line catalog they can use to show the products and discuss them with customers. The sales function is composed of full-time and part-time salespeople (level 1), assistant sales managers (level 2), and regional sales managers (level 3). The company has decided to study the internal movement patterns of people in the sales function, as well as forecast their likely availabilities in future time periods. The results will be used to help identify staffing gaps (surpluses and shortages) and to develop staffing strategy and plans for future growth. To do this, the HR department first collected data for 2013 and 2014 to construct a transition probability matrix, as well as the number of employees for 2015 in each job category. It then wanted to use the matrix to forecast availabilities for 2016.

The following data were gathered:

Transition Probabilities

(2013 – 14) Current (2015)

Job Category Level SF SP ASM RSM Exit No. Employees

Sales, Full-Time (SF) 1 .50 .10 .05 .00 .35 500

Sales, Part-Time (SP) 1 .05 .60 .10 .00 .25 150

Ass’t. Sales Mgr. (ASM) 2 .05 .00 .80 .10 .05 50

Region. Sales Mgr (RSM) 3 .00 .00 .00 .70 .30 30

1. Describe the internal labor market of the company in terms of job stability (staying in same job), promotion paths and rates, transfer paths and rates, demotion paths and rates, and turnover (exit) rates.

2. Forecast the numbers available in each job category in 2016.

3. Indicate potential limitations to your forecasts.

The answers in the textbook solutions didnt seem like it was very descriptive per question it gives good data though

Reference no: EM131147210

Questions Cloud

While driving his sports car negligently : While driving his sports car negligently, Mark Mahoney crashes into a streetlight. The streetlight shoots out sparks that ignite barrels of gasoline sitting out in the open at a nearby construction site owned by Acme Construction. Does Acme Construct..
Create your market forecast and social media advice : The Dog House is a small business that specializes in dog boarding services. The company has been doing well over the last 4 or 5 years but company growth has begun to plateau. The owners are interested in ensuring financial growth and are eager to t..
What are some barriers to effective communication : What communication strategies are associated with effective leadership? Provide examples how they relate in today face paced business enviroment? What are some barriers to effective communication that a leader should overcome?
Models for formulating organizational strategies include : All of the following are challenges, described in the textbook, that today’s managers and organizations face EXCEPT. Models for formulating organizational strategies include: Which of the following is true concerning information in an organization? W..
Forecast the numbers available in each job category : The Doortodoor Sports Equipment Company sells sports clothing and equipment for amateur, light sport (running, tennis, walking, swimming, badminton, and golf) enthusiasts. Describe the internal labor market of the company in terms of job stability (s..
What consumer buying roles and buying behaviors : The company is Seniors First Choice which is a non medical in home company focused toward seniors who want to age in place/home. What consumer buying roles and buying behaviors are particularly relevant for your product?
What is meant by customer contact points : What is meant by customer contact points? Select a company or brand and discuss the various contact points that marketers can use to reach consumers of this product or service.
Businesses appear to fit the business market definition : The company is Senior's First Choice and is a non medical in home care company focused toward seniors wishing to age in place or in home. What specific types of businesses appear to fit the business market definition for this company?
Do you believe the standard of care was violated : Describe a news story or circumstance from your own experience where someone claimed that a doctor, nurse, hospital, nursing home, or other healthcare provider did not treat him or her with the appropriate standard of care. How was the situation hand..

Reviews

Write a Review

Operation Management Questions & Answers

  Book review - the goal

Operations Management is about a book review. Title of the book is "Goal". This book has been written by Dr. Eliyahu Goldartt. The book has been appreciated by many as one of those books which offers an insight into the operations and strategic capac..

  Operational plan in hospitality enterprise

Operational plan pertaining to a hospitality enterprise is given in detail in the solution. The operational plan is an important plan or preparation which gives guidelines regarding the role and responsibilities of each and every operation at all lev..

  Managing operations and information

Recognise the importance of a strategic approach to the development and deployment of organisational information systems. Demonstrate an understanding of the importance of databases and their integration to the organisation's overall information mana..

  A make-or-buy analysis

An analysis of the holding costs, including the appropriate annual holding cost rate.

  Evolution and contributor of operations management

Briefly explain Evolution and contributor of Operations management.

  Functions and responsibilities of an operations manager

A number of drivers of change have transformed the roles, functions and responsibilities of an operations manager over recent years. These drivers have not only been based on technological innovations but also on the need for organisations to develop..

  Compute the optimal order quantity

Compute the Optimal Order quantity of DVD players. Determine the appropriate reorder point.

  Relationship to operations practice in the organisation

Evaluate problems in operations and identify approaches to overcoming them. Critically evaluate operating plans and identify areas for improvement. Justify, implement and evaluate changes to operations in line with modern approaches.

  A make or buy analysis

Develop a report for Figi Fabricating that will address the question of whether the company should continue to purchase the part from the supplier or begin to produce the part itself.

  Prepare a staffing plan

Prepare a staffing plan showing the change of your unit from medical/surgical staffing to oncology staffing.

  Leadership styles in different organizations

Ccompare the effectiveness of different leadership styles in different organizations

  Risk management tools and models

Be able to understand the concept of risk, roles and responsibilities for risk management and risk management tools and models.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd