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Karen Liu Recently Accepted the Position of Department Chair of the Department

question 7

Multiple Choice

Karen Liu recently accepted the position of Department Chair of the Department of Business at her university. She quickly realized that one of the very important jobs related to her role, was the need to make good human resource decisions as this affected the Department's ability to offer, schedule, and meet student needs for courses in all three academic terms per year. The mission statement of the university specifies a clear commitment to meeting the needs of all stakeholders, and in particular, being student centered is a priority. Due to the distinct rise in the number of students wishing to pursue a degree in business in recent years, this had placed an increasing stress on resources to meet student demand for courses and course sections. In particular, student feedback had indicated that course waitlists were long, that many students were unable to enter into their preferred courses, and that students wished that more courses were offered in three hour blocks or in the evening to allow them easier work scheduling. As she looked at course offerings and schedules from last year, and considered her current teaching faculty, she wondered how she would tackle the huge job of course planning for the next academic year.
-When considering the questions: how many faculty members Karen needs,when Karen needs them (i.e.which term are the faculty resources required) ,and for which courses does Karen need them,relates to which step of the Human Resource Planning Process?

Definitions:

Mean Square Error

It is a measure used in statistics to indicate the average squared difference between the estimated values and the actual value.

Shiller Real Home Price Index

An index that measures changes in the price of residential properties, adjusted for inflation.

Simple Moving Average

A calculation that averages a set number of past data points to smooth out short-term fluctuations and highlight longer-term trends or cycles.

Shiller Real Home Price Index

An index that tracks changes in the price of residential real estate in the United States, adjusted for inflation, developed by economist Robert Shiller.