Reference: Adapted from Human Resource Forecasting Assignment, pp 108 - 110 in Nkomo, S. M., Fottler, M. D., McAfee, R. B. (2008) Human Resource Management Applications: Cases, Exercises, Incidents, and Skill Builders, 6th Edition Aim: To forecast the human resource needs of Tropic Explorations (the Company) that currently employs approximately 2200 people. Due: Week 4, Electronic Submission by 11.59pm on Friday 9/12/2022 - Learning Objectives - Practice in forecasting an organisation's people's needs - To familiarise you with some of the factors that affect an organisation's future people needs - To familiarise you with the complexities involved in making human resource forecasts - To point out that all human resource forecasting is based on assumptions and that these assumptions are critical to the accuracy of the forecast - Instructions 1. You have been given the assignment of forecasting the human resource needs of Tropic Explorations (the Company) that currently employs approximately 2200 people. The Company presently has 100 exploration sites located throughout tropical Australia, each of which employs approximately 14 individuals. 2. The Company is planning an expansion into regional areas and expects to add 60 new exploration sites over the next three years. Exploration sites within the Company differ in size, so the figures represent averages. 3. During the past month, the Company has placed an order for 100 automated survey machines to be placed in its old exploration site offices. These machines are scheduled to be in operation December 31 , two years from now. The Company has found that for each new machine purchased, one less geologist is needed, on average. 4. A breakdown of the Company's current staffing is shown in Table 1. 5. The Company has asked you to perform four human resource forecasting tasks: Task One: Role of Forecasting and Workforce Planning (20 marks) Provide a summary (about 500 words) of the role of forecasting and workforce planning. Locate two human resource management articles that discuss forecasting and incorporate these into your summary. Task Two: Human Resource Forecasting, Complete Table 2 (5 marks) Based on the assumptions given below, you are required to determine employee turnover for the main office, the old site offices, and the new regional site offices. Your boss would like to know this information for each of the next three years and for each of the major personnel categories (i.e., supervisors, geologists, and main office). Your job is to complete Table 2. Task Three: Human Resource Forecasting, Complete Table 3 (5 marks) Your boss would like to know -both the number of new employees as well as the number to be replaced owing to turnover- the Company will need to hire for each major personnel category for each of the next three years. Your job is to complete Table 3. Tahlo 2. Mlumhne af Emnlaunae ta ha Lirnd Task Four: Human Resource Forecasting, Complete Table 4 (5 marks) Your boss would like to know the total number of employees who will be working for the Company as of the end of each of the next three years. Your job is to complete Table 4. To complete your assignment, your boss has told you to make a few assumptions as follows: A. You are making all projections in December for subsequent years ending December 31. B. Regarding the old site offices, assume: a. The 100 old site offices employ 4 supervisors and 10 geologists each. b. On December 31 (in Year 2) 100 machines are placed in operation and will replace 100 geologists. c. The Company does not terminate any employees because of the new machine. Rather, as geologists quit throughout the year, 100 are not replaced. d. Turnover is 30 percent for geologist personnel, and 20 percent for supervisors. C. Regarding new site offices, assume: a. New site offices are added as follows: 10 in Year 1, 20 in Year 2, and 30 in Year 3. b. Each new site office employs 14 individuals (4 supervisors and 10 geologists). c. Turnover is 30 percent for geologists, and 20 percent for supervisors. D. Regarding the main office, assume that turnover will be 10 percent per year