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Solution To Assignment 9

The document discusses a numerical example of using simple linear regression to forecast staffing needs in a manufacturing unit based on daily production output. It outlines the relationship between production output and the number of production workers required, providing data for five days. The conclusion emphasizes the importance of this predictive model for human resources management in optimizing workforce levels and resource allocation.

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8 views3 pages

Solution To Assignment 9

The document discusses a numerical example of using simple linear regression to forecast staffing needs in a manufacturing unit based on daily production output. It outlines the relationship between production output and the number of production workers required, providing data for five days. The conclusion emphasizes the importance of this predictive model for human resources management in optimizing workforce levels and resource allocation.

Uploaded by

esraaismailmohamed96
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd

Assignment No.

9
Simple Regression analysis
Let's delve into another numerical example of forecasting labor force size using the simple linear
regression technique, a fundamental method in human resources management for predicting
staffing needs based on operational metrics.

Scenario: Manufacturing Unit Staffing Forecast

A manufacturing manager aims to forecast the number of production workers required based
on the daily production output. Data from five days of production is as follows:

Daily Production Output (Units) Number of Production Workers

100 50

200 60

300 70

400 80

500 90

Step 1: Understand the Variables

• Independent Variable (X): Daily Production Output (Units)

• Dependent Variable (Y): Number of Production Workers

The goal is to establish a relationship between production output and staffing levels to forecast
future labor needs.

Step 2: Calculate the Slope (m) and Y-Intercept (b)


First, compute the necessary summations:
Conclusion

By applying the simple linear regression technique, we've established a predictive model that
forecasts staffing needs based on production output. This method aids human resources
management in aligning workforce levels with production demands, ensuring operational
efficiency and effective resource allocation.

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