HR Exam Solutions: HR Planning (Ratio and Markov Analysis)

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Professor Michael Halinski

Professor Michael Halinski

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@itownz
@itownz 9 ай бұрын
Prof ur the goatt
@tomtommyle
@tomtommyle 11 ай бұрын
@7:50, for the month of June and beyond, the number of employees is incorrect. Consider the format: If (customers/month) / (employees) = Ratio .... If 100 / 110 = 0.909... is correct, and 125 / 130 = 0.961... is also correct, then 224 / 220 = 1.018 ... However, 224 / 228.67039 != 1.02084996 224 / 228.67039 = 0.9795758865 != Avg. 1.02084996 Instead, the correct answer would be the following, assuming that the ratio for June, 1.02084996, is correct: 224 / x = 1.02084996 224 = x(1.02084996) x = 224 / 1.02084996 = 219.4 ; based on what you said, we should round up = 220. For purpose of verification, 224 / 219.4 = Avg. 1.02 ; this correctly matches the ratio we computed for June. Thus, In June, you should have the same employees as you did in May. I'm posting this so that other students will not be confused. Thanks for the content. Good luck with your channel! edit: Actually, I replayed your video. According to your words, even if it was 219.4, we should still round up. In other words, any decimal number should always round up.
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