Analysis of manpower system using multi-absorbing states Markov chain
VO Ezugwu, LI Igbinosun · International Journal of Statistics and Applied Mathematics · 2020
Previous studies have used single-state absorbing Markov chain in prediction of manpower systems where retired staff and dropout are lumped together. In this study, we examine the necessity of separating the two. This is achieved using multi--absorbing states Markov chain. This method gives a clearer picture on how wastages occur in academic manpower systems.