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Introduction Will we have enough employees? Hmmm?Wait and see or plan ahead? Unit Learning Outcomes ? Foreca

Introduction

Will we have enough employees? Hmmm…Wait and see or plan ahead?

Unit Learning Outcomes

· Forecast demand for staff. (3)

· Forecast supply for staff. (3)

· Conduct a Transition/Markovian supply analysis. (3)

· Resolve gaps in supply and demand for staff. (3)

Directions

Read Chapter 5, Exercise #2: Develop Your Staffing Skills: Transition Analysis at Ascend Sports Equipment Company. Using the table, answer questions a,b,c. Your answer to a & b will be numerical with a brief description. Your answer to c will be brief bullet points of limitations

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