Question

_______ technique uses historical rates of promotions, transfers and turnover to estimate future availabilities in the workforce.

• A. Workforce analysis
• B. Replacement chart
• C. Skills inventory
• D. Markov analysis

Answer 1

Answer: (D)

Markov analysis

Markov analysis technique basically uses historical rates of promotions, transfers and turnover to estimate future availability in the workforce. It is the most important technique used to determine the human resource supply. It helps to determine random changing variables. In this analysis, it is assumed that any future event is based on the current situation.