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A company is providing a service that s very human - resource - intensive. They ve noticed that the number of units of product they
A company is providing a service thats very humanresourceintensive. Theyve noticed that the number of units of product theyre able to produce depends critically on the number of employees on the payroll. In the past, theyve attempted to maintain an average workforce of employees. However, achieving that target has never been easy. After all, theyre experiencing annual turnover. Now theyre wondering if is the right number. To begin this analysis, they collect data on hiring and termination and combine that information with monthly production. The data collected appear in the table below:
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