Calculate gap and forecast vacancy rate using given manufacturing employment information. Demand Supply - Gap This...
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Calculate gap and forecast vacancy rate using given manufacturing employment information. Demand Supply - Gap This is an example problem of calculating gap and forecasting vacancyfrate using given manufacturing employment information. Given information: Manufacturing facility with 5,500 employees • Each requires 150 sf of manufacturing space • Total available supply is 850,000 sf Manufacturing employment will increase by 6 percent over the next two years Manufacturing supply pipeline will increase by 40,000 sf over next two years 4) What is the expected gap in two years? Calculate gap and forecast vacancy rate using given manufacturing employment information. Demand Supply - Gap This is an example problem of calculating gap and forecasting vacancyfrate using given manufacturing employment information. Given information: Manufacturing facility with 5,500 employees • Each requires 150 sf of manufacturing space • Total available supply is 850,000 sf Manufacturing employment will increase by 6 percent over the next two years Manufacturing supply pipeline will increase by 40,000 sf over next two years 4) What is the expected gap in two years?
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To calculate the expected gap in two years we need to consider the changes in manufacturing employment and manufacturing supply over that period Given ... View the full answer
Related Book For
Introduction to Management Science A Modeling and Cases Studies Approach with Spreadsheets
ISBN: 978-0078024061
5th edition
Authors: Frederick S. Hillier, Mark S. Hillier
Posted Date:
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