30. A public sector bank requires 400 clerks, 250 officers and 50 managers for a certain state....
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30. A public sector bank requires 400 clerks, 250 officers and 50 managers for a certain state. The employees are recruited at the age of21 Years as clerks. The promotions take place only from within on the basis of the length of service. You are given the following life table.
Determine
(a) how many employees should be recruited each Year.
(b) at what age should the promotions take place.
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