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How many new consultants does BCH have to hire each year

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Reference no: EM132872133

Question - BCH, a large consulting firm in the United Kingdom, has a consulting staff consisting of 200 consultants at the rank of "associate." On average, a consultant remains at the associate level for five years. After this time, 25 percent of the consultants are promoted to the rank of "engagement manager," and the other 75 percent have to leave the company. In order to maintain the consulting staff at an average level of 200 associates, how many new consultants does BCH have to hire each year at the associate level?

Reference no: EM132872133

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