Exam 6: Determining HR Demand

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According to the textbook, when the Delphi technique was used to identify competencies for research chef, which of the following was NOT a topic for consideration?

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Which of the following is NOT typically considered to be an expert for HR forecasting?

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If there are several dependent variables, then the regression is referred to as multivariate regression analysis.

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The first step in the nominal group technique is to select the experts.

(True/False)
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Describe what an "expert" demand forecast is, and list five different types of experts who could be involved. Identify and describe two different types of expert forecasting methods.

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Use the following information to answer questions 24-30 that follow. Use the following information to answer questions 24-30 that follow.        -What is the value for the slope of the line? Use the following information to answer questions 24-30 that follow.        -What is the value for the slope of the line? -What is the value for the slope of the line?

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Use the following information to answer questions 24-30 that follow. Use the following information to answer questions 24-30 that follow.        -What is the value for the sum of X²? Use the following information to answer questions 24-30 that follow.        -What is the value for the sum of X²? -What is the value for the sum of X²?

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Use the following information to answer questions 24-30 that follow. Use the following information to answer questions 24-30 that follow.        -Using your equation from question 29, what is the expected demand for Ph.D. students if you have $200,000 available in HR costs? Round to nearest whole number. Use the following information to answer questions 24-30 that follow.        -Using your equation from question 29, what is the expected demand for Ph.D. students if you have $200,000 available in HR costs? Round to nearest whole number. -Using your equation from question 29, what is the expected demand for Ph.D. students if you have $200,000 available in HR costs? Round to nearest whole number.

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What technique should be used if you want all the participants to have equal participation in the sessions and to minimize dominance, personal attacks, and defensive behaviour?

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Use the following information to answer questions 24-30 that follow. Use the following information to answer questions 24-30 that follow.        -What is the value for the sum of XY? Use the following information to answer questions 24-30 that follow.        -What is the value for the sum of XY? -What is the value for the sum of XY?

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Perceived status differences may influence how experts express their views when forecasting in face-to-face groups.

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Regression analysis is a very effective quantitative forecasting technique for all time horizons.

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In the simple regression prediction model, X represents the independent variable.

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Which of the following is NOT considered a benefit of the nominal group technique?

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What is the most common operational index used by organizations in a trend analysis?

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Scenario forecasting is based on the premise that because the future course of events is not known with certainty, it is necessary to develop several plausible sets of outcomes.

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In an impact analysis, current trends are analyzed by a panel of experts to predict future HR demand.

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What stage in the nominal group technique would typically ask a question like, "What will ABC Corporation's demand for production workers be in the year 2015?"

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In a trend analysis, it is necessary to extrapolate data related to historical changes.

(True/False)
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Unlike trend analysis, impact analysis relies on subjective, but expert, judgements.

(True/False)
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