The Table Below Shows Hypothetical Data for the Volume of Gold

question 120

Multiple Choice

The table below shows hypothetical data for the volume of gold and nickel output across several years.
TABLE 2-5
-Refer to Table 2-5.What is the index number for gold output in Year 8?

• A)111.9
• B)111.9%
• C)11.9
• D)11.9%
• E)1.119

---

Definitions:

Forecasting HR Demand

The process of estimating the future human resource requirement of an organization, based on its business strategy, objectives, and level of operational activity.

Delphi Technique

A method of gathering expert opinions to achieve consensus on a specific issue through a series of questionnaires interspersed with feedback.

HR Demand Forecasting

The process of estimating the quantity and quality of employees that an organization will need in the future to meet its business objectives.

Simulation

The process of creating a model or representation of a real-world scenario to study its behavior under different conditions without the risk of real-world consequences.