Answer Happy

You are an HR manager of Chern's department store, and are trying to forecast the number of its full-time sales associates (FTSA) for your flagship store in NJ next year. To that end, you
are performing a transition analysis based on the probability matrix below. The probabilities are based on annual rates that are averaged over the span of past five years. If your staffing
goal is to maintain the current number of FTSA (i.e., 140), how many would you need to hire in order to avoid talent shortage next year? Show your calculation process and round up all
fractions to ensure to have a sufficient number of FTSA. (10 pt)
2. Based on your previous experience, you expect that 25% of the store's job applicants for FTSA become job candidates, and 20% of the job candidates receive job offers, 75% of whichare accepted. You are going to predict the number of applicants your company needs to generate to acquire the number of new FTSA you forecasted above. Show your calculation processand round up all fractions to ensure to have a sufficient number of job applicants. (10 pt)
2. Based on your previous experience, you expect that 25% of the store's job applicants for FTSA become job candidates, and 20% of the job candidates receive job offers, 75% of which
are accepted. You are going to predict the number of applicants your company needs to generate to acquire the number of new FTSA you forecasted above. Show your calculation process
and round up all fractions to ensure to have a sufficient number of job applicants. (10 pt)
FTSA PTSA DEP BUY MER Exit Current # of Employees |(%) |1%) (%) Job Category (%) Full-Time Sales Associates (FTSA) 50 (%) 5 (%) 15 15 5 20 140 Part-Time Sales Associates (PTSA) 30 50 10 15 15 30 o oli 5 0 75 0 20 16 Department Manager (DEP) Buyers (BUY) 0 10 lo 65 15 30 5 Merchandising Managers (MER) 10 0 0 0 180 20 8