Forecast of Availability

One primary source of information for immediate labor availability at Tanglewood is their internal labor market. Table $1$ shows that Tanglewood has used internal promotions to fill many openings for the department manager, assistant store manager, and store manager positions. However, it also appears that there will need to be external hiring due to turnover and ensure that store associates have sufficient skills as the company pushes further online retail. Using the provided transition probabilities, we estimated how many store associates would be available next year, and how many would be promoted to shift leader. Table $3-$the projected for store associates were filled out for you. You will need to figure out the estimations for other positions.

Table $3-$Forecast of availability