Which one of the following methods of forecasting human resource demand is not a qualitative method?

The correct answer is Markov Analysis.

Key Points Markov Analysis:

• Markov analysis is actually a quantitative method used for forecasting human resource demand, which involves analyzing historical data and making predictions based on the probability of employees transitioning between different job positions.
• Markov analysis is based on the assumption that an individual's future behavior can be predicted based on their current behavior and the probability of moving to a different state or position.
• It uses transition matrices to calculate the probability of employees moving from one job position to another over a specific period of time, and this information can be used to forecast future demand for specific job positions.

Additional Information Delphi Technique- The Delphi technique is a qualitative method used for forecasting and decision-making that involves a group of experts providing input on a particular topic. It is designed to gather and distill the opinions of experts in order to make more accurate predictions or decisions.

Nominal Group Technique- The Nominal Group Technique (NGT) is a structured group decision-making method that was developed in the 1960s. It is a process that involves generating and evaluating ideas or solutions to a problem or issue in a group setting. The NGT is useful for brainstorming, prioritizing, and making decisions in a structured manner.

Group Brainstorming Technique- Group brainstorming is a technique used to generate ideas or solutions to a problem or issue in a group setting. It involves a group of people working together to generate as many ideas as possible, without judgment or criticism. The goal of group brainstorming is to encourage creativity and generate a large number of ideas in a short amount of time.