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- catalog abstract "The Compensation, Accessions, and Personnel Management (CAPM) model is a software package that enables analysts to study the potential effects of personnel policy changes on future enlisted inventories in the military services. The software is Excel based and uses several modules written in Visual Basic for Applications. The authors provide theoretical background for the reenlistment module of the software. They begin with some general information about econometric models of retention behavior and then describe the Annualized Cost of Leaving (ACOL) and the ACOL 2 models, which are the basis for the adjustment of retention rates in CAPM. Calculation of annualized cost of leaving values, their use in projecting inventories, and examples of CAPM outputs for Air Force enlisted personnel are also discussed. To provide some perspective on the general problem of modeling retention behavior in the military, the authors also discuss the Dynamic Retention Model (DRM), an intuitively satisfying, but computationally difficult model that was developed by Glenn Gotz and John McCall at RAND in the late 1970s. The text is meant to improve understanding of some modeling fundamentals and assist in future improvements of the CAPM model. Companion documents provide a users' guide for CAPM (MR-1668-AF/OSD) and a tutorial and exercises for the model (MR-1669-AF/OSD). The most recent version of CAPM is available on the web at www.rand.org/publications/MR/MR1668.".
- catalog contributor b12939863.
- catalog contributor b12939864.
- catalog contributor b12939865.
- catalog contributor b12939866.
- catalog contributor b12939867.
- catalog contributor b12939868.
- catalog coverage "United States Armed Forces Pay, allowances, etc. Evaluation.".
- catalog coverage "United States Armed Forces Personnel management Mathematical models.".
- catalog coverage "United States Armed Forces Recruiting, enlistment, etc. Mathematical models.".
- catalog created "2003.".
- catalog date "2003".
- catalog date "2003.".
- catalog dateCopyrighted "2003.".
- catalog description ""Prepared for the United States Air Force and Office of the Secretary of Defense."".
- catalog description "Includes bibliographical references.".
- catalog description "The Compensation, Accessions, and Personnel Management (CAPM) model is a software package that enables analysts to study the potential effects of personnel policy changes on future enlisted inventories in the military services. The software is Excel based and uses several modules written in Visual Basic for Applications. The authors provide theoretical background for the reenlistment module of the software. They begin with some general information about econometric models of retention behavior and then describe the Annualized Cost of Leaving (ACOL) and the ACOL 2 models, which are the basis for the adjustment of retention rates in CAPM. Calculation of annualized cost of leaving values, their use in projecting inventories, and examples of CAPM outputs for Air Force enlisted personnel are also discussed. To provide some perspective on the general problem of modeling retention behavior in the military, the authors also discuss the Dynamic Retention Model (DRM), an intuitively satisfying, but computationally difficult model that was developed by Glenn Gotz and John McCall at RAND in the late 1970s. The text is meant to improve understanding of some modeling fundamentals and assist in future improvements of the CAPM model. Companion documents provide a users' guide for CAPM (MR-1668-AF/OSD) and a tutorial and exercises for the model (MR-1669-AF/OSD). The most recent version of CAPM is available on the web at www.rand.org/publications/MR/MR1668.".
- catalog extent "xv, 43 p. :".
- catalog identifier "0833034286 (pbk.)".
- catalog issued "2003".
- catalog issued "2003.".
- catalog language "eng".
- catalog publisher "Santa Monica, Calif. : Rand,".
- catalog spatial "United States Armed Forces Pay, allowances, etc. Evaluation.".
- catalog spatial "United States Armed Forces Personnel management Mathematical models.".
- catalog spatial "United States Armed Forces Recruiting, enlistment, etc. Mathematical models.".
- catalog spatial "United states".
- catalog subject "355.6/1/0973 21".
- catalog subject "CAPM".
- catalog subject "Compensation, accessions,personnel management model".
- catalog subject "Employee retention United states Mathematical models.".
- catalog subject "UB323 .A94 2003".
- catalog title "Background and theory behind the compensation, accessions, and personnel management (CAPM) model / John Ausink, Jonathan Cave, Manuel Carrillo.".
- catalog type "text".