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Workforce Management: A certain company has 36,000 employees, 20% of whom are women. The average term of employment (i.e., the average time duration they remain
Workforce Management: A certain company has 36,000 employees, 20% of whom are women. The average term of employment (i.e., the average time duration they remain employed at the company) for a woman is 37 months, whereas for men it is 200 months. How many new men and women should the company hire each month to have a stable workforce of 36,000 employees? (Hint: you need to calculate the number for men and women separately).
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