HR Demand scenario

Use the index$/$trend analysis technique to forecast the number of employees required by the organization in each of the next four years. Sales are expected to increase by $5\%$ each year. The future employee ratio will be the average of the current and previous three years. Round numbers as appropriate. Use your calculations as you answer the following questions. Choose the best answer and mark A$,$ B$,$ C or D$.$

Year

Sales

$($$$)$

Number of

Production Positions

Ratio Sales

$($$ per Employee$)$

$3$ years ago

$$3,306,000$

$40$

$$82,650$:$1$

$2$ years ago

$$3,613,000$

$35$

$$103,229$:$1$

$1$ year ago

$$3,748,000$

$36$

$$104,111$:$1$

Current year

$$3,880,000$

$36$

$$107,778$:$1$

$+1$ year

$+2$ years

$+3$ years

$+4$ years

Question $39(3$ points$)$

Listen

What is the sales forecast for three years in the future?

Question $39$ options:

a$)$

$4,901,000$

b$)$

$4,277,700$

c$)$

$4,491,585$

d$)$

$4,720,000$

Question $40(3$ points$)$

Listen

How many additional full$-$time production worker positions will be required in four years?

Question $40$ options:

a$)$

$11$

b$)$

$20$

c$)$

$15$

d$)$

$7$

Question $41(3$ points$)$

Listen

What is the sales forecast for four years in the future?

Question $41$ options:

a$)$

$5,346,000$

b$)$

$5,090,000$

c$)$

$4,491,585$

d$)$

$4,716,164$

Question $42(3$ points$)$

Listen

How many full$-$time production worker positions will be required next year?

Question $42$ options:

a$)$

$41$

b$)$

$37$

c$)$

$39$

d$)$

$45$

Question $43(3$ points$)$

Listen

How many full$-$time production worker positions will be required in two years?

Question $43$ options:

a$)$

$50$

b$)$

$43$

c$)$

$47$

d$)$

$60$