What technique uses historical statistical mathematical ratios between business volume metrics (e.g., sales volume) and required employee headcounts to forecast labor demand?
ADelphi Technique
BRatio Analysis
CTrend Analysis
DScatter Plot Method
Explanation
• Ratio Analysis calculates operational ratios (e.g., sales revenue generated per salesperson) to predict future staffing requirements as operational volume expands.
• Trend Analysis evaluates historical headcount changes over time.
• Delphi Technique relies on qualitative panel consensus rather than direct quantitative financial ratios.
Exam Relevance
- Topic: Human Resource Planning
- Subtopic: Demand Forecasting

No Comments