In Markov analysis for staffing, ________ is used to forecast future workforce availabilities.
A) cost data
B) product demand
C) transition probabilities
D) Bayesian inference

Question

Quizplus · Accepted Answer

Markov analysis involves using transition probabilities to forecast future workforce availabilities. Cost data and product demand may be relevant in other areas of staffing planning, but they are not specifically related to Markov analysis. Bayesian inference refers to a statistical method, which may or may not be used in conjunction with Markov analysis, but is not a defining characteristic of it.

In Markov Analysis for Staffing, ________ Is Used to Forecast