International Journal of Statistics and Applied Mathematics
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2017, Vol. 2, Issue 6, Part A

Applications of manpower levels for business using six and eight point state space in the stochastic models


Author(s): Dr. R Arumugam and M Rajathi

Abstract: The present study aim is to compare the steady rate of crisis and steady state of probabilities under varying conditions which are manpower, under irregular conditions of full availability and nil availability in the case of business and manpower. Six and eight point state space has been compared under the different assumption that the transition from one state to another in both business and manpower occur in exponential time with different parameters.

Pages: 56-60 | Views: 1355 | Downloads: 21

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International Journal of Statistics and Applied Mathematics
How to cite this article:
Dr. R Arumugam, M Rajathi. Applications of manpower levels for business using six and eight point state space in the stochastic models. Int J Stat Appl Math 2017;2(6):56-60.

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