A Model for Personnel Recruiting and Selection

This paper presents a mathematical model for determining a minimum cost strategy for the following personnel recruiting and selection situation. A quota is set for the minimum number of good employees to be added each period, and selection is done on the basis of a test having a known correlation with the given criterion of job success. There is a total cost for all individuals recruited and a loss attached to each person hired who turns out to be unsatisfactory. The problem is to determine a minimum acceptable score on the selection test and the number of persons to be recruited which will yield a minimum cost, including loss, as well as satisfy the prescribed quota at a given probability level.

• 저널Management Science · 5(2) · 192–203
• 토픽Metaheuristic Optimization Algorithms Research · Artificial Intelligence
• DOI10.1287/mnsc.5.2.192
• 저자Richard C. Kao, Thomas C. Rowan