K-Release Inventory Model in Manpower Planning

A deterministic inventory model is developed to investigate the optimum number of persons to be trained by the organization; here we assume the replenishment rate is infinite with no shortages. In our model, we consider an organization with two centres; one is the training centre for the beginners and the other for the experienced which is treated as inventory house. Our aim is to obtain the optimal number of recruits Q for the organization and the optimal number of K employees trained and sent from the training centre to inventory house. The solution of the model is illustrated with the help of sensitivity analysis on the optimal average cost and the batch width. Also the effect of change in demand parameter on the optimal average cost is graphically presented.