Workforce Forecasts for a Small Business You are the owner of a 120 person cybersecurity business, Cyber-Lock Security, that works with small and midsize organizations. A pivotal position in the firm is that of security software developer. The following table is a 3-year, integrated forecast of labor supply and demand for that position Integrated workforce supply-and-demand forecast for security software developers at Cyber-Lock Security. 2019 2020 2021 53 15 68 68 18 86 86 24 110 53 68 Demand Beginning in position Increases (decreases) Total demand (year end) Supply (during year) Beginning in position Minus promotions Minus terminations Minus retirements Minus transfers Subtotal Plus new hires during the year Total supply (year end) Surplus/deficit (year end) (6) 86 (9) (10) (7) (11) (6) (8) (5) (8) 41 48 89 3 (10) 30 31 49 53 102 61 (7) (8) Questions 1. In December 2019, the demand is for 68 security software developers, but you expect to have only 61. How will you address the deficit of 7 developers? 2. In December 2020 the demand is for 86 security software developers, and you expect to have 89. What will you do with the surplus of 3 extra software developers? 3. In December 2021 the demand is for 110 security software developers, but you expect to have only 102. Once again you are facing a deficit How will you address the need for 8 more security software developers