User Manual

This model is designed to help you make a decision on which location to open your new branch at. There are 3 components in this model: 1.  The Profit Maximization Model 2.  The Growth Maximization Model 3.  The Auxiliary Model The red boxes will tell you where to input your own values while the blue boxes will explain the other functions in our model.

Revenue Input Sheet (Weekend + Weekday)

Input  class  size  

Input  average  

number  of  subjects  each  

student  takes:  If  1  student  takes  2  subjects,  he/she  is  considered  

as  2  students.  

Input  Fees  per  student  (per  class)  

As  primary,  sec  and  JC  students  have  

different  school  

schedules,  please  input  

respecGve  weekend  

and  weekday  schedules.  

1  =  available,    

0  =  unavailable  

AKer  solver  opGmizaGon  in  “output  sheet”,  weekday  

and  weekend  revenues  will  be  

calculated  and  

reflected  

When  done,  click  “Next”  for  Cost  Input  Sheet  

Cost Input Sheet (Weekend + Weekday)

Rental  Budget  

 Costs  of  rental  per  classroom  per  day  (please  

input  values  between  $50  and  $100)  

UGliGes  per  classroom  per  class  (2  hours)  

Overheads  per  student  (e.g.  prinGng  of  notes)  and  salary  for  teachers  

AKer  solver  opGmizaGon  in  “output  sheet”,  

weekday  and  weekend  

costs  will  be  calculated  

and  reflected  

When  done,  click  “Next”  for  Output  Sheet  

AKer  opGmizaGon  in  solver,  

catchment  of  students  is  reflected  here  

Output Sheet Optimizing Profits (Weekend + Weekday)

Go  to  next  page  for  a  blown  up  explanaGon  of  the  output  

sheet  The  solver  

opGmizes  profit  by  varying  size  of  

tuiGon  center  and  determines  scheduling  of  

classes  for  Educat!  

Daily  profits  will  be  mulGplied  to  

get  weekly  profits  

Output Sheet Optimizing Profits (Weekend + Weekday)

Output Sheet Optimizing Profits (Weekend + Weekday)

Solver  Objec2ve:  OpGmize  profits  

Variable:  Class  scheduling  (weekend  +  weekday)  Constraints:  Maximum  rentable  classrooms  (derived  from  rental  budget)  

Maximum  number  of  classes  to  accommodate  all  student  demand  

Click  “Schedule”  to  get  opGmal  class  mix,  scheduling  and  generate  opGmal  profits!  

Daily  factors  are  extrapolated  to  get  weekly  

opGmal  profits  

AKer  opGmizing  via  solver,  size  of  center  is  determined,  further  determining  total  

revenue,  total  costs,  number  of  students  taught  and  daily  profits.  These  values  are  reflected  here  as  well  as  in  

previous  sheets  

Display  data  collected  to  determine  regression  line.  No  acGon  required  

Input  rent  

Input  size  of  

classroom  

Input  uGliGes  

Input  overheads  

Input  salary  

   

Output:  Price  to  charge    Expected  enrollment  

Solve  for  price  when  profits  =  0  

Input  name  

Input  level  

Input  grades  obtained  before  tuiGon  

Input  grades  across  enrollment  period  

Input  acendance  across  the  semesters  

Input  personal  details  

Input  employment  

type  

Input  no.  Gmeslots  

Input  salary  rate  

Input  names  of  teachers  scheduled