Mt. Kinley is a strategy consulting firm has been stable in size for the last 20 years. It divides its consultants into three classes: Associates: 200 Managers: 60 Partners: 20 The work environment at...

Mt. Kinley is a strategy consulting firm has been stable in size for the last 20 years. It divides its consultants into three classes: Associates: 200 Managers: 60 Partners: 20 The work environment at Mt. Kinley is rather competitive. Associates: 4 years, then either become managers or are dismissed from the company Managers: 6 years, then either become partners or are dismissed from the company Partners: 10 years, then retired Mt. Kinley only hires at the associate level. Q1. Think Mt. Kinley’s promotion as a process, and map it into a flow diagram. No need to allocate resources Label out the time for each stage Q2. How many new BBA graduates does Mt. Kinley have to hire every year? Every year, how many managers either leave Mt. Kinley or are promoted as partners? Q3. What are the odds that an associate at Mt. Kinley will be dismissed by the company? What are the odds that a manager will become partner? What are the odds that a new hire will become partner?