QUANTITATNEANALYSISFORHUMANRESOURCEPLANNINGANDITSRELATIONSHIPTO….docx

QUANTITATNE ANALYSIS FOR HUMAN RESOURCE PLANNING AND ITS RELATIONSHIP TO HUMAN RESOURCE INFORMATION SYSTEM

The most important resource in a company is its human resource. Human resource should plan the other production factors. In the same time, as a production factor, human resource itself also has to be planned carefully. It is significant to keep the equilibrium between the desired and potential of human resource. If the desired human resource is more than the potential human resource means there is a lack of human resource. On the other side, if the desired Repository human resource is less than the potential human resource, then it will give redundancy. Both lack of human resource and redundancy should be avoided. Quantitative analysis techniques is utilized to solve problems in to help decision makers make more applicable decision through giving the outputs of quantitative analysis. Also Quantitative analysis it can be used in combination with qualitative techniques to identify and understand the case of human resource problems.

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