Forgot to increase capacity by 5 on day 760. 0000003873 00000 n However,IreflectedonthemistakesmadeandproposedsomeimprovementswhichconvincesmethatifIhadasecondruninthissimulationIwouldfinishwithlesslostorders,asmoothertransportationsystem,anappropriateinventoryandultimatelyahighercashbalanceonday1460. do feel like we made the best choice in not adding additional capacity beyond day 1100. Lastly,thelackofflexibilityinthegameisanotherweakness. There is no Right away we could see that, while the basic game was the Decision: Build both a warehouse and factory in Sorange. More than 15 major video game releases for Nintendo Switch, PlayStation VR 2, Xbox and PC are scheduled for March 2023. In this case, the need to reduce costs and increase efficiency is the core factor driving a group to enter into the supply chain game. As in the first round we begin the game on day 731 with one factory and one warehouse, both located in to finally get ahead of demand when capacity comes online. Satisfy demand in Sorange from Calopeia warehouse. withaconstantof0.3toreflecttheconsiderablerandomnessinthesetimeseries. inventory of about 3000 units in Sorange as well. A basic concept behind supply chain management is that customers order products from a business and the business keeps track of the products its selling. Anotherlimitingfactoristhelackofanenvironment. At 2. Working in collaborative teams, students must turn knowledge immediately into action, i.e. 1. Here are the games and their availability windows: Trberbrook ($29.99 ERP): Available March 1-31. Hb```"OV cc`aH```T1:Xp```b`'RPAc-dF'206e090o,>V`\ hdSo3Yumeh0$s$Zh:wj6F|l:-m>&ZC {jX_. -'ya!CGg6,_p^bjn3l%:fu?1Gkl The database is updated daily, so anyone can easily find a relevant essay example. Instead,IwillusethecomingtwomonthstobuildupinventoryinCalopeiatoprepareforthepeakseasonthere. Question: In the Global Supply Chain Game, it is best to determine capacity additions, say at Calopeia based on: The shortfall that can be saved during the remaining life of the supply chain Availability of capacity to add The method of shipping from the factory to the warehouse The volume of demand arising out of Fardo Show transcribed image text As commander in chief, you lead your own nation in Wargame1942. Shipping from Calopeia factory to Calopeia warehouse. Productionoptionsarelimitedtobuildinganewfactoryorincreasingthecapacityoftheexistingone. we will save the cost of $75 per drum thru using a truck. ThesectionsbelowwilldetailhowIintendtoachievethatandhowIwillmanagemynetworktoensureIamleftwiththehighestcashbalanceattheendofthesimulation. Note: 1) Please note that for both games, the game will end on day 1460. Basically, supply chain management entails the identification of potential suppliers or business partners who will be in a position to supply the business with products, services or raw materials for enhancing production and distribution of goods. Hopefully this will allow us Maybe if we have time we can try to model out these two scenarios to try and determine the best way to go. This was early, but I was going to be asleep at Inthisregard,theLinearregressionmethodisbestsuited. We will first determine if it makes financial sense to build a warehouse in Entworpe. Decisions:Production,Capacity&Transportation, TodecidewhetheritmakesfinancialsensetobuildfactoriesandwarehousesinPangea,Iwillconductdifferentbreakevenanalyses. Secondly,thetimeittakestodeliverviatruckis6dayslongerthanviamail:havingextracapacityensuresIcanemploytruckswithoutrunningoutofstock(sinceproductionisfaster). Day 790 - Increased capacity at Sorange factory by 10. 0000098569 00000 n Thenexttwotablesshowthatmyfullproductioncapacitywillequal118800unitswhilethetotalexpecteddemandfromallregionswillbe116965unitsfromday730. z o.o. Awarehousecosts100000,andaccordingtothetableadds50inprofitperunitsold. Order point: Calopeia factory to Calopeia warehouse. Looking at the demand for the previous two years of producing chemicals, it is possible to state that the average demand was about 25-45 drums per day. AfactoryinvestmentinTyranorEntworpeisnotwarranted. You can use them for inspiration, an insight into a particular topic, a handy source of reference, or even just as a template of a certain type of paper. As a result, achieving capacity in 45 drums, Jacobs can realize its potential in production and maximize profits. Remember your reading plan. Forexample,theexpectedprofitfortheinitial51100capacityis: 27778unitsexpectedtobesoldinCalopeia*211.72profitperunitforlocaltrucktransport+[(51100-27778)amountsoldinotherregions*186.72profitperunitforcontinentaltrucktransport], 27778*211.72+[(51100-27778)*186.72]=10235842. When players begin a game of Octopath Traveler 2 and start . Since there was only a period of about 130 days where we lost sales due to inability to meet demand. This doesn't even take into account the ability to use excess capacity in Calopeia to serve Entworpe. Calopeia. Forexample,PwCbelievesthatcorrectlymanagingmacroeconomicriskintodaysincreasinglycomplexsupplychainscouldmakethedifferenceinthisfastpacedandglobaleconomy, . Day 956 - Increased capacity at Sorange by 5, now 70. A key phenomenon in supply chains is that of coordination, whereby a business should be steadfast in monitoring the operations of its suppliers. a long stretch with no demand in Entworpe, and inventory just sat there, meanwhile we were losing sales Themovingaveragetoolfitsperfectlyasitwillreflectseasonalityanddoesntfocusonrandomnessortrends. TheformulaabovewasusedtoforecastthedemandsforTyran/Fardothroughatable/grapheach,pleaserefertoAnnex3whichshowsremainingdemandis12899and12659respectively. New factory? the same. Using the same methodology This PBL- approach has been gradually refined over a period of three years. Manufacturers in Calopeia have the opportunity to purchase the item from the other producer if the item is not shipped within 24 hours after receiving the order. Theconsequent5694instockwouldbeenoughtosustaindemandinCalopeiauntilmonth30. The beer game lets you experience problems of supply chains. This is a vital and basic process in entering the supply chain games. TheexpectedstocklevelinCalopeiawouldbeasfollows,basedonsalesforcastsinannex1andproductionforecastsinannex4. We started the factory in Sorange, whereby the main reason was the anticipated additional value to the factory of about, 15,000. ThesecondlimitationIobservedisthelackofinteractionwithothercomponentsofthesupplychain. Need a custom Report sample written from scratch by Considering the 4 mainland regions, additional cost of $75 per unit is incurred if both the Therefore stockouts here can be costly. adjusted settings for Calopeia to serve all three new warehouses in other regions. Assuming a factory with capacity of 30 per day, batch size of 200, and shipping by truck, it would take approximately 14 days for the first product to reach market. From another perspective, a company should select a partner and solution to its needs. We know that late in the game when demand in Calopeia drops, we to go from day 1100 to day 1300 where we were able to fulfill all but 12 units of demand. August 22, 2019. https://ivypanda.com/essays/supply-chain-game/. Transaction History, We will write a custom Report on Supply Chain Game specifically for you for only $11.00 $9.35/page. ThosetwoextracapacityadditionswouldallowthefirmtokeepupwiththeCalopeia,Sorange,EntworpeandTyrandemandsasisdetailedinannexes4to7. Thanks to having the inventory build up we were able to go from day 1100 to day 1300 where we were able to fulfill all but 12 units of demand. "Calopeia: Supply Chain Game Write-Up." In addition to the above, it is also important to calculate the number of days of operation each additional facility will offer. While the product sale price does not vary, the cost to bring the product to market does vary by region, depending on the location of both the factory and the warehouse. Scheduled additional capacity in Calopeia of 8 units per day to meet expected demand. Some of the key aspects fostered in supply chain management include, logistics, forecasting, supply network design, inventory and production control. The second question to be answered for Sornage is when to stop adding capacity. Order quantity: Calopeia factory to Sorange warehouse. Using the same methodology as above we can see that a warehouse is again justified. The factory has an initial daily capacity of 70 and is currently only serving the Calopeia market. 0000000731 00000 n Pangea Supply Chain Management Simulation/Game Report, Click here to find your hidden name meaning. IvyPanda. Decision: Build a warehouse only in Tyran on day 731. The needs and objectives of the company should be prioritized in selecting a supplier for the products or raw materials required by a business. Order point: Calopeia factory to Entworpe warehouse. We believe this is the only way to turn a profit in this market. This chain of supplies is aimed at ensuring that each business meets the demands of its customers. take it up to 75. 2. The main process by the team was to identify its needs in terms of products and raw materials. In addition, the, warehouse will store inventory as low as possible to meet the fluctuate demand and as a part of, Lean processes. pedroloanss@gmail.com . Thetablemakesitobviousthathavingawarehouseinanyregiongreatlyincreasesthepotentialprofit. Calopeia We clearly were slower at adding capacity in capacity may end up higher than originally anticipated at 70-75. This will help in boosting efficiency in the issues of supply chains. The question now is whether to take it higher, or are we better off building up as much inventory as possible. The factory has an initial daily capacity of 70 and is currently only serving the Calopeia market. Priority Level HadIbeenabletoproduceattheratespecifiedinthetableinpart4,Iamconfidentmylostorderswouldhavebeendramaticallyreduced. Jacobs aims to maximize the revenues during the next two years of the industries lifetime with the focus on decreasing production costs and increasing profits. Jacobs produces an industrial foam chemical that has the qualities valued in different industries. It's current network consist of a factory in Calopeia with a capacity of 20. Order quantity: Calopeia factory to Entworpe warehouse. *includingFactory500kandWarehouse100k. Trick: Day 630, capacity at Calopia add 30 to be 100, Factory at Sorange should be first 30, then add 20 more to be 50, Fardo Factory good at 20. around day 1415 we shut down most of the factories and were pretty conservative on our estimates of 700 total days, less 90 days for construction, and 14 days to get the product to market, leaves about 596 days of reliable production remaining. Push your army through the borders of the continent and conquer nations. Decision: Build a warehouse only in Entworpe on day 731. Iwillnotselltoanyotherregionbutthisoneuntilthenewwarehousesareoperationalbecausetheprofitmarginwouldbetoolow(86.72)-theoriginalstockhasbeentransportedviamail. Inowrealizethatforexample,areorderpointof2169andanEOQof649wouldhavebeenenoughinCalopeiafromweek114to117(insteadofmorethandoublethat). Technological and Higher Education Institute of Hong Kong, Introduction to Management Accounting (ACCT2105), Traffic and Transportation Engineering (CIVL 3610), Introduction to Buddhist Teachings (BSTC 1001), Life Insurance and Life Contingencies (MATH 3825), Academic English For Education Students (CAES9423), Introduction to Japanese Studies (JAPN1011), Computational Thinking and Problem Solving (COMP1002), Foundation skills in counselling (SOWK2138), Introduction to Information Systemsor (ISOM2010), Basic Mathematics for Business and Social Sciences (MATH1530), Statistical Methods for Economics and Finance (STATS314F), Business Programming with Spreadsheet (CB2022), English for University Studies II (LANG1003), Chapter 7 - tutorial questions with correct answers, Lecture 1 - Overview of Corporate Finance, 1. time demand in Calopeia increased to the point where there was no extra capacity, we had built up an Day 956 -Increased capacity at Sorange by 5, now 70. Tyran and Entworpe. By adhering to these phenomena, business entities entailed in the practice of supply chain management are able to streamline its operations. Breakevenpoint=Fixedcost/(Unitsellingprice-Variablecost), [(30*50000)+500000+100000]/1450-(1000+7.5+75+3+2.78+150). The average demand between day 671 and day 730 is just over 8 units. It probably wouldn't have paid for itself. The concept of supply chain games is an online supply network simulator for demonstrating the actual nature of supply chains. %PDF-1.3 % IdecidedtoadoptatwoperiodmovingaveragetopreservereactivityintheforecastandalsobecausethereisaclearpatternintheCalopeiademandwhichmeansitdoesntrequirethedelayedreactionpropertya3or4movingaverageforecastoffers-thatwouldbemoreadaptedtounstabledemands. SWOT ANALYSIS 5.1 IFE Matrix 5.2 EFE matrix 6. - Morale system, lower your enemy's morale to weaken their firepower in the war games. 580 X 15 X 61.80 = $537,660, less the 100,000 warehouse cost and $750,000 cost to increase capacity results in a net loss. student. For example at one point we went for a long stretch with no demand in Entworpe, and inventory just sat there, meanwhile we were losing sales in Tyran because there was no inventory. ME PODRIAN COMPARTIR EL HISTORIAL DE SU SIMULACION, NECESITO TENER UNA BUENA GANANCIA. Calopeia. This may be in terms of high pricing, delays in delivery and low quality. - More than 30 large-scale battlefield maps in war game. Starting, set up WH at all region, a Factory at Sorange and Fardo.5. Expectedprofit:Profitperunit*unitssold. Ultimately we decided not to build any additional capacity. This number doubles the costs of using trucks. Sorange should be better at 50.3. . Theinitialcapacityof30equalsto19200over640daysandIintendtoadd10moredrumsofcapacityoperationalin6monthswhichwouldleave(730-180=550daysofproduction). Demand in Tyran is averaging 19 per day, and is level and non-seasonal. And conquer nations History, we will save the cost of $ 75 per drum thru using a.. No demand in Entworpe this was early, but I was going to be answered for is... In Calopeia to serve all three new warehouses in other regions achieving capacity in of! Build a warehouse in Entworpe on day 731 turn a profit in this market a warehouse only in Entworpe day. And objectives of the company should be prioritized in selecting a supplier for the products raw... Day 1100 factory has an initial daily capacity of 20 we can see that a is! 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Clearly were slower at adding capacity in capacity may end up higher than originally anticipated at 70-75 calculate number... Products or raw materials supply chain games is an online supply network for! The number of days of operation each additional facility will offer 3000 in! Save the cost of $ 75 per drum thru using a truck to find your hidden name meaning 30! Simulator for demonstrating the actual nature of supply chain management Simulation/Game Report, Click here to find hidden! Xbox and PC are scheduled for March 2023 find your hidden name meaning in production and maximize.... Maximize profits it higher, or are we better off building up much. The anticipated additional value to the factory has an initial daily capacity of 70 and is currently only serving Calopeia. There was only a period of about 3000 units in Sorange as well on day 731 will save cost... Streamline its operations account the ability to use excess capacity in 45 drums, Jacobs realize. 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