Manpower Planning: How to Recruit, Retrain, Make Redundant, or Overman


Parameters

Table 5.1 shows the parameters that are used in this example.

Table 5.1: Parameters

Parameter Name

Interpretation

waste_new[worker]

Fraction of workers who leave during their first year

waste_old[worker]

Fraction of workers who leave after their first year

recruit_ub[worker]

Upper bound on number of workers who are recruited from outside

redundancy_cost[worker]

Cost per worker made redundant

overmanning_cost[worker]

Cost per excess worker

shorttime_ub[worker]

Upper bound on number of short-time workers

shorttime_cost[worker]

Cost per short-time worker

demand[worker,period]

Manpower requirements

retrain_ub[i,j]

Upper bound on number of workers who can be retrained from i to j per year

retrain_cost[i,j]

Cost to retrain worker i as worker j

semiskill_retrain_frac_ub

Upper bound on fraction of semi-skilled workers who can be retrained to skilled

downgrade_leave_frac

Fraction of downgraded workers who leave

overmanning_ub

Upper bound on number of excess workers

shorttime_frac

Fraction of production requirements of a full-time employee that is met by each short-time employee