HRM: METHOD FOR FORECASTING DEMAND FOR HR

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Created by
dani

Cards (5)

  • Judgemental method
    Bottom up - when the individual unit or branches or department make a forecast of their manpower requirement
  • Judgemental method
    Top down - top managers and executives in making a forecast for the entire organization
  • Judgemental method
    Delphi Technique - qualitative forecasting that seeks to use the judgement of experts systematically
  • Mathematical Method
    Simple
    • trend analysis
    • Use of sale. production or other forecast
    • use of learning curve
  • Mathematical Method
    Complex
    • multiple regression analysis
    • linear programming