Discuss the Qualitative Approaches to Forecasting Human
Resources Needs
2) Discuss the Quantitative Approaches to Forecasting
Human Resources Needs
3) Your company have excess workers, how can the
company respond to labour surplus
What is business forecasting? Explain the stages of development for
business forecasting. Why is business forecasting and predictive
analytics necessary for success? Are there ethical, legal or faith
issues to consider in this process?
I want to cover Quantitative Forecasting Methods
linear regression
the moving averages
smoothing techniques
How are these used and do they prediction the future
Forecasting methods studied in this class are quantitative
techniques including moving average, weighted moving average,
exponential smoothing, linear regression, and exponential smoothing
with trend component.
You are given a set of past demand data and asked to forecast
demand for the future. What would you FIRST do to decide which
demand forecasting method to use and why? Please choose one of the
forecasting methods listed above.
Of the three quantitative forecasting techniques (moving
average, weighted moving average, and exponential smoothing), which
do you think provides the most accurate forecast and why?
Describe the differences in sampling techniques used in
quantitative versus qualitative research. How does a researcher
know when they have "enough" data when using each
methodology?