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Browse Articles by "Global Management"
Title: A Markov Chain Application to Academic Manpower Planning
Authors: Adedoyin Soyibi
Issue/Year: Jan-1984
Section: Research
Abstract: The application of Markov Chain modelling to manpower planning in military, government, and business is about two decades old. This paper discusses the application of Markov Chain to academic manpower planning in the University of Ibadan, Nigeria over a five-year planning horizon. It attempts to balance academic manpower supply forecasts with demand forecasts for each faculty/college of the university and recommends its planning implications. Under the assumption that there will be no drastic change in the promotion and recruitment policies as well as the salary structure of the university, the paper determines the corresponding cost structures of the forecast requirements.
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