An integration model for manpower forecasting

Chiang Kao, Hong Tau Lee

Research output: Contribution to journalArticlepeer-review

7 Citations (Scopus)

Abstract

Manpower forecasting has made significant contributions to human resource management. Due to difficulties in collecting the required data for making appropriate analysis, most studies in the literature concentrate on forecasts of individual firms. This paper presents a regression model which utilizes the data of large firms to draw inferences to the demands of other firms. More specifically, a regression model showing the negative relationship between the rank of a firm and its associated demand is fitted to the data of a number of large manufacturing firms. The area under the regression line delineated by the y-axis and the x-axis is then an estimate of the total demand of the whole industry. Confidence intervals for the estimate can also be constructed. As an illustration, the demand for the industrial management manpower in Taiwan is forecasted by applying the proposed model.

Original languageEnglish
Pages (from-to)543-548
Number of pages6
JournalJournal of Forecasting
Volume15
Issue number7
Publication statusPublished - 1996

All Science Journal Classification (ASJC) codes

  • Modelling and Simulation
  • Computer Science Applications
  • Statistics, Probability and Uncertainty
  • Strategy and Management
  • Management Science and Operations Research

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