Precena Strategic Partners: Staff Relocation Cost Minimization Case Study Solution
Introduction
Precena Strategic Partners, a renowned Japanese management consultant company, embarks on a strategic endeavor to relocate select instructors to Singapore. The aim is to cater to the burgeoning demand for its flagship course, targeted at Japanese expatriate managers in the region.
With a focus on resource optimization, cost minimization, and meeting course demand, the management employs a sophisticated Excel Solver-based optimization model and Sensitivity analysis. This report delves into the data-driven approach and proposed solution, highlighting the company's commitment to delivering top-tier training services to its esteemed clients.
Problem Statement
Precena Strategic Partners, a Japanese management consultant company, is planning to relocate some of its instructors to Singapore for a period of one to three months. The objective is to conduct their flagship course for Japanese expatriate managers. The management, led by CEO Takahisa Takada, faces the challenge of selecting the instructors in a way that minimizes relocation costs while meeting the course demand for the next three months. Additionally, the high-service apartment rentals in Singapore need to be considered.
Situational Analysis
Instructor Preferences
Exhibit 1 reveals the monthly preferred number of courses that each instructor wishes to conduct. Each instructor at Precena has a monthly preferred number of courses they wish to conduct. This number represents their ideal workload and reflects their capabilities, commitments, and personal preferences. For example, Instructor C prefers to conduct 12 courses per month, indicating a strong willingness to be actively engaged in teaching and training.
Instructor preferences are not arbitrary; they are influenced by factors such as workload capacity, work-life balance, and career aspirations. For instance, an instructor with a preference for a higher number of courses may be seeking career advancement, while another with a lower preference may value more personal time.
Instructor Availability
Additionally, some instructors have specific months when they are unavailable due to prior commitments. Instructor availability refers to the periods when instructors are free to undertake new assignments. Some instructors, like H, J, and K, have specific months when they are unavailable due to holidays, maternity leaves, or previous engagements.
These periods need to be considered when planning temporary relocations to Singapore. Availability constraints are essential to ensure that instructors are not overburdened or stretched beyond their capacity. By accounting for instructor availability, Precena can make decisions that align with their work-life balance and avoid potential burnout or dissatisfaction.
Course Bookings
Course bookings are a critical aspect of Precena Strategic Partners' operations, as they determine the demand for training courses and serve as the foundation for staff relocation planning. Understanding the details, of course, and bookings is essential to ensure effective resource allocation and meet the needs of clients in Singapore.
Exhibit 1 provides valuable information on the total confirmed course bookings for Precena's flagship course, Problem-Solving Skills," in the forthcoming months of October, November, and December. The number of bookings serves as a key indicator of the demand for training services during these periods. In October, Precena has 33 confirmed course bookings. This figure represents the number of training sessions that the company is committed to delivering to its clients during the month. November sees a higher demand, with 45 confirmed course bookings. However, in December, the demand decreases to 21-course bookings.
Optimization Template
The optimization template is a powerful tool developed by Takahisa Takada, CEO of Precena Strategic Partners, to address the challenge of selecting the right instructors for temporary relocation to Singapore. The template is designed to efficiently allocate courses to instructors while taking into account their preferences and constraints.
Relocation after Cost Minimization
Data Analysis
The given data represents the course allocation plan for Precena Strategic Partners for October, November, and December. It includes information about the 12 instructors (A to L), their monthly preferred number of courses, and the total number of course bookings for the three months, which is 85.
Decision Variables
The decision variables in this data are the number of courses allocated to each instructor for the three months. These variables represent how many courses each instructor will conduct during October, November, and December.........
Precena Strategic Partners Staff Relocation Cost Minimization Case Study Solution
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