Accession Number : AD0759023

Title :   A Bivariate Normal Version of the Cost of Attaining Personnel Requirements Model,

Corporate Author : NAVAL PERSONNEL RESEARCH AND DEVELOPMENT LAB WASHINGTON D C

Personal Author(s) : Sands,William A.

Report Date : APR 1973

Pagination or Media Count : 41

Abstract : Managers of military and civilian personnel systems justifiably demand an estimate of the payoff, in dollars and cents, which may be expected to result from the implementation of a proposed selection program. The Cost of Attaining Personnel Requirements (CAPER) models provide the manager with the information needed to formulate an optimal personnel recruiting-selection strategy. This strategy will minimize the expected total cost of recruiting, selecting, inducting (processing), and training a sufficient number of persons to meet a specified quota of satisfactory personnel. The original version of the model (CAPER I) employs raw data and evaluates the experimental selection strategy at each possible cutting score on the new selection test. The data preparation task for this version of the model is tedious. The purpose of the report is to introduce a bivariate normal version of the model (CAPER II). This CAPER II model requires more statistical assumptions than the original model, but drastically reduces the work involved in input data preparation. (Author)

Descriptors :   (*NAVAL PERSONNEL, MILITARY REQUIREMENTS), (*PERSONNEL MANAGEMENT, *COSTS), SELECTION, RECRUITING, OPTIMIZATION, MATHEMATICAL MODELS

Subject Categories : Personnel Management and Labor Relations

Distribution Statement : APPROVED FOR PUBLIC RELEASE