Lars is reviewing the past 10 years of Acme Global's production levels and comparing those to how many workers were in the organization.He plans to use the information to create a chart of how many workers are needed for different production levels.The process in which Lars is engaged is ________.

Question

Quizplus · Accepted Answer

Lars is looking at past production levels and comparing them to the number of workers, which is a form of trend analysis. Qualitative forecasting involves using opinions or subjective judgments to make predictions, ratio analysis involves comparing different financial ratios, regression analysis involves examining the relationship between two or more variables, and skill analysis involves assessing the skills of workers in an organization.

Lars Is Reviewing the Past 10 Years of Acme Global's