An Analysis of the Naval Personnel Pay Predictor (Enlisted Model).

An Analysis of the Naval Personnel Pay Predictor (Enlisted Model).
Author :
Publisher :
Total Pages : 52
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ISBN-10 : OCLC:227398742
ISBN-13 :
Rating : 4/5 (42 Downloads)

Book Synopsis An Analysis of the Naval Personnel Pay Predictor (Enlisted Model). by : Allan Ray Walker

Download or read book An Analysis of the Naval Personnel Pay Predictor (Enlisted Model). written by Allan Ray Walker and published by . This book was released on 1975 with total page 52 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Naval Personnel Pay Predictor (Enlisted Model) is used by the Bureau of Naval Personnel as a tool for predicting the total annual basic pay for the enlisted force as an input to the budget process. A major source of error in the model was found to be the prediction of the length of service (LOS) vector, and an attempt to improve this prediction was made. The extreme complexity of the model was found to be unnecessary, and a simple exponential smoothing subroutine for LOS prediction did as well or better than the original model. It was also found that a double exponential smoothing subroutine, taking into account the trends in the force structure, would almost uniformly improve the one year prediction from the model.


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