HR PLANNING $-$ Trend$/$Ratio Analysis

TREND$/$RATIO ANALYSIS $-$ INITIAL SALES PROJECTIONS

SALES HR DEMAND ERR $($Employee Requirement Ratio$)$

YEAR $($$ THOUSANDS$)($# OF EMPLOYEES$)($SALES$/$EMPLOYEE$)$

$2020$ $$2,80015518\mathrm{.}06$

$2021$ $$3,05017117\mathrm{.}84$

$2022$ $$3,19516619\mathrm{.}25$

$2023$ $$3,30017718\mathrm{.}64$

FORECAST

$2024$ $$3,50018818\mathrm{.}64$

$2025$ $$3,60019318\mathrm{.}64$

$2026$ $$3,85020718\mathrm{.}64$

TREND$/$RATIO ANALYSIS $-$ NEW SALES PROJECTIONS

TREND ANALYSIS

SALES HR DEMAND ERR $($Employee Requirement Ratio$)$

YEAR $($$ THOUSANDS$)($# OF EMPLOYEES$)($SALES$/$EMPLOYEE$)$

$2020$ $$2,80015518\mathrm{.}06$

$2021$ $$3,05017117\mathrm{.}84$

$2022$ $$3,19516619\mathrm{.}25$

$2023$ $$3,30017718\mathrm{.}64$

FORECAST

$2024$ $$3,75020318\mathrm{.}45$

$2025$ $$4,20022818\mathrm{.}45$

$2026$ $$4,45024118\mathrm{.}45$ Asha Co$.$ decided to use a quantitative method for forecasting demand. Do you

agree with that decision? Why? Your answer should include a comparison between

quantitative and qualitative methods.