From the following data provided, find the LTR by applying the (a) flux, (b) replacement and (c) separation methods
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Number of workers on the payroll: |
|
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At the beginning of the month |
500 |
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At the end of the month |
600 |
During the month, five workers left, 20 workers were discharged and 125 workers were recruited. Of these, 10 workers were recruited in the vacancies of those leaving, whereas the rest were engaged for an expansion scheme.
Hint: Replacement method ignores recruitment for expansion. Flux method includes all recruitments including those for expansion.