Forecasting Demand

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Forecasting Demand by Mind Map: Forecasting Demand

1. Qualitative Analysis

1.1. Management Survey

1.2. Scenario Planning

1.3. Delphi Technique

1.4. Nominal Group Technique

2. Other Methods and Techniques

2.1. Simulation

2.2. HR Budgets

2.3. Staffing Tables

3. Quantitative Analysis

3.1. Trend Analysis

3.2. Ratio Analysis

3.3. Time Series Model

3.4. Regression Analysis

3.5. Structural Equation Model

4. Why is Forecasting Demand Important to the HR Planning Process?

4.1. Conflicting forces Affecting Economy

4.2. Workforce Automation

4.3. Self Employment & Sharing Economy