Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Additional Algo 5-12 Attrition Losses and Yields Albatross Manufacturing goes through the following process to select job candidates to make offers to after they list

image text in transcribed
Additional Algo 5-12 Attrition Losses and Yields Albatross Manufacturing goes through the following process to select job candidates to make offers to after they list a job. First they pre-screen to eliminate candidates who do not meet the basic requirements of the position. Second, they do a preliminary assessment to screen out those who lack the desired level of skills and competencies for the job. Third, they interview to select candidates with the highest potential for job success. Finally, they verify candidates' stated employment record and qualifications. Applications PreScreen Preliminary Assessment Interview Verify Credentials Make offer The Human Resources department has found that 45% of applications do not meet the basic requirements of the job. 45% of applicantions are eliminated during the preliminary assessment. Only 35% of those who are interviewed make it past the that step to have their credentials verified. The verification step typically eliminates 20% of those remaining. a. What is the yield in this recruitment process? Note: Round your answer to 2 decimal places. b. How many applications should they seek if they want to make 11 job offers? Note: Use your rounded answer from Part a. Round up your final answer to the next higher whole number

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Cost Management A Strategic Emphasis

Authors: Edward Blocher, David F. Stout, Paul Juras, Steven Smith

8th Edition

1259917029, 978-1259917028

More Books

Students also viewed these General Management questions