Wfm Rta Analyst
Wfm Rta Analyst Interview Questions and Answers
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Q1. Explain how Workload is calculated on Interval basis
Workload is calculated on Interval basis by dividing the total workload by the number of intervals in a given time period.
Total workload is divided by the number of intervals to get workload per interval
For example, if total workload for a day is 480 minutes and there are 96 intervals (15-minute intervals), workload per interval would be 5 minutes
This calculation helps in understanding the distribution of workload throughout the day
Q2. Do you know about Re-Forecasting
Re-forecasting is the process of updating a forecast based on new information or changes in circumstances.
Re-forecasting involves adjusting a forecast based on updated data or changes in assumptions.
It helps in making more accurate predictions and decisions.
For example, in workforce management, re-forecasting may be done to account for unexpected absences or changes in call volume.
Q3. Explain how workload is calculated
Workload is calculated by analyzing historical data on call volumes, average handle times, and other factors to determine staffing needs.
Workload is calculated by analyzing historical data on call volumes
Average handle times are also taken into account
Other factors such as service level agreements and forecasted call volumes may be considered
Staffing needs are determined based on the calculated workload
Q4. How do you do Re-Forecasting?
Re-forecasting involves updating forecasts based on new information or changes in circumstances.
Review current data and assumptions
Identify any changes or trends that may impact the forecast
Adjust forecast models or algorithms as needed
Communicate updated forecasts to relevant stakeholders
Monitor actual performance against re-forecasted numbers
Q5. What is role of WFM
WFM (Workforce Management) plays a crucial role in optimizing staffing levels, forecasting workloads, and scheduling employees to meet business needs.
Optimizing staffing levels to ensure efficient use of resources
Forecasting workloads to anticipate busy periods and adjust staffing accordingly
Scheduling employees based on forecasted workloads and business needs
Monitoring and analyzing real-time data to make adjustments as needed
Ensuring compliance with labor laws and regulatio...read more
Q6. Shrinkage formula
Shrinkage formula calculates the difference between scheduled and actual work hours.
Shrinkage = (Scheduled hours - Actual hours) / Scheduled hours
Scheduled hours are the total hours an employee is supposed to work
Actual hours are the hours an employee actually worked
Shrinkage is often expressed as a percentage
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