A company should also be steadfast in asking its suppliers to meet the local support team as well as negotiating over the purchase price. Theinitialcapacityof30equalsto19200over640daysandIintendtoadd10moredrumsofcapacityoperationalin6monthswhichwouldleave(730-180=550daysofproduction). Themostprofitablewaythatmarketcanbeexploitedisthroughlocalproductionandwarehousing. Demand forecasting 2.1. to make strategic, tactical, and operational decisions. Order quantity: Calopeia factory to Entworpe warehouse. Production Capacity Increase production capacity from 70 to 80 since including other countries only add about 15% more demand and there is small loss demand in Calopeia with current capacity. The concepts of supply chain management are adequately adopted in supply chain game in the sense that it seeks to illustrate the real nature of business operations. We clearly were slower at adding capacity in Sorange as we should have been, and it has cost us some lost sales. AUTHORS' COMMENTS 1. Inthisscenario,theidealforecastingmethodwouldneedtoaccountfortheupwardtrend. IvyPanda. Maybe if we have time we can try to Note: 1) Please note that for both games, the game will end on day 1460. The only other decisions to be made were at the end of the game. Iendedupdoingjustthatafterthesimulationendedanditisavailableinannex9. The island of Fardo has substantially higher freight costs, so it must be considered separately. Once and 14 days to get the product to market, leaves about 596 days of reliable production remaining. Decision: Build a warehouse only in Tyran on day 731. Order priority: Calopeia factory to Entworpe warehouse. We began our initial analysis by reviewing the instructions in detail. Calopeia Decision: Build both a warehouse and factory in Sorange. . Additionally, each supply is influenced by the decisions of its customers, thus influencing its operations. Therefore stockouts here can be costly. TheformulaabovewasusedtoforecastthedemandsforTyran/Fardothroughatable/grapheach,pleaserefertoAnnex3whichshowsremainingdemandis12899and12659respectively. Throughout the course of the game, the this is Amazing! TO TRY TO FOLLOW YOUR STEPS THANKS!! We will write a custom Report on Calopeia: Supply Chain Game Write-Up specifically for you for only $11.00 $9.35/page. z o.o. Calopeia. We calculate that by day 820, when the factory would first be operational, daily demand would already be at approximately 30 per day. Initial Situation Assessment At the end of the first part of the game, Day 730, we had the following available data, which was essential to trigger a strategy for the second and final phase: Cash Balance: $6,797,000 Calopeia's Warehouse Inventory: 2,528 drums Calopeia's Production Capacity: 70 drums/day In this second stage, we had 4 different INTRODUCTION 2.1 Business profile 2.2 History 2.3. Copyright 2023 - IvyPanda is operated by, Continuing to use IvyPanda you agree to our, Saudi Dairy & Foodstuff Company Supply Chain Management, The Operations Performance of the Cheesecake Factory, Finding the Least Costly Solution for a Shipping Ompany, Walmart Company: Factory Disaster in Bangladesh, Differences between a supply chain and a value chain, Chain Management and the Creation of Competitive Advantages, Integrating Building Information Management (BIM) into Construction Supply Chain Management, Global Transportation and Logistical Risks. Onday730,IchangedthetransportationmethodtotruckasplannedbutatypingerrormeantIordered2600drumsonday740,insteadof1000. Transcribed image text: Note that you will have the following when Simulation 2 begins on Day 731: Daily demand in units, for each region Day Calopeia Entworpe Fardo Caopela ll Beginning Cash: $6,796,509.90 Beginning Inventory at the Warchousc: 2528 units Material In Transit to the Warehouse: 0 units Capacity: 70 units per day Reorder Point: 2000 Factory and Warehouse$211 Factory and Warehouse$211. IfIsummarizetheorderdataavailableslightlyafterday730bymonth,Iobtainthefollowingtable: Inowneedtodeterminetheintercept(a)whichisgiventhroughthefollowingformula: Icannowdeterminetheslope(b)withthisformula: NowthatIhavethevaluesofaandb,thefollowingregressionequationcanbeusedtoforecastfuturemonthsorders: Withthisequation,IcouldconstructthefullforecasttableandthecorrespondinggraphinAnnex2whereonecouldseethatestimatedremainingdemandforSorangeis51629. Itleadmetorunoutofstockonday762until785. There is no My post simulation report on the Pangea Supply Chain game. Because a warehouse takes only 60 days to build, it has about 630 days of operation available. Fardoistrickyasthecostbreakdowntableshows. depending on the location of both the factory and the warehouse. Entworp e. Insulation Not seasonal-level8 250. Do not worry, you will not regret.7. worthwhile. ThisreportwilloutlinetheinitialstrategyIadoptedbeforethesupplychainsimulationstartedwhichwillincludethedifferentforecastsandtheoperationaldecisionswhichresultedfromthem. Forexample,aqualityissue(especiallyinchemicals)couldprovedisastrousnotonlytothesupplychainbuttothewholeorganization. Tyran Thus100000/50=2000,itwouldtakeonly2000unitssoldtobreakevenonawarehouse. 2019. In this paper we review an innovative web-based simulation game for teaching supply chain management concepts. With regards to the issue of supply chain management, businesses are required to be steadfast in selecting their partners. ensure the integrity of our platform while keeping your private information safe. 22 August. IvyPanda. G2A.COM Limited 31/F, Tower Two, Times Square, 1 Matheson Street Causeway Bay, Hong Kong Incorporation number: 2088957 Business registration number: 63264201 Customer (support) services are granted by G2A PL Sp. Satisfy demand in Calopeia from Sorange warehouse. Disconcertedbytheresulting2.6dropincash,IthenmadeanothermistakeindecidingtoservetheTyran,SorangeandEntworpemarketsrightawaytobuildupcash. Satisfy demand in Sorange from Entworpe warehouse. 12. Day 919 - Tired of losing sales at Sorange, increase capacity by 5 more, to 65. The average demand between day 671 and day 730 is just over 8 units. Day 919 -Tired of losing sales at Sorange, increase capacity by 5 more, to 65. Added 1 more unit of capacity to 17, Day 917 -Increased capacity at Sorange factory by 5, now 60. Calopeia. How the demand will be satisfied? IhavedecidedtosupplyallmarketswhileensuringIadjustthe, variablessothattheprofitmarginachievedinany. Since a warehouse costs only $100,000, the additional profit provided by a warehouse is definitely miss any costs like we did in the first round. Because a warehouse takes only 60 days to build, it has about 630 days of operation available. The cost of adding 20 units of capacity to the . They range from Chess to war games. We believed that we would be able to fulfill this demand and still be able to maintain current inventory levels in Calopeia for the busy season. For a batch size of 200, the maximum potential profit can be calculated as follows (assuming 3 day manufacturing time): $1000 per drum plus $1500 fixed setup cost. This report on Supply Chain Game was written and submitted by your fellow Satisfying of quality was a key requirement for the company thus helping in realization of its objectives. Forgot to increase capacity by 5 on day 760. Annex6plotsproductionagainstdemand. Minimum 10 days $2. Thus, Jacobs regularly produces about 190 batches (28,600/150). Forecasts Misktakes Mailing Timing of increasing production Excess Production It is important to note that Tyran and Entworpe will use nearly all of the excess capacity from Calopeia. Order point: Sorange factory to Sorange warehouse. Retrieved from https://ivypanda.com/essays/supply-chain-game/. Again a factory would not pay for itself. Game 2 The 2-years historical data will be released when the game starts. Lesson: Writing with Purpose, Assuming gamma = 0.2, demand at time period 1, D1 = 101, and the estimated level at time period 1, L1 = 111, seasonal factor for time period 1, S1 = 0.99, and the demand periodicity is 4. 3. - Mobilize troops, charge into battle, rekindle the battle of WW2. AGILEA was createdin 2009, and introduced supply chain simulation game for management of Customers' demand, Suppliers' order book, inventory levels, backlog. ThankstothesetablesandmypreviousfiguresIcanroughlyestimatemyfinalcashfigureonday1460. Schedule factory capacity change in Sorange. 0000005637 00000 n Day 956 -Increased capacity at Sorange by 5, now 70. It is important to be flexible while choosing the shipping method. the maximum potential profit can be calculated as follows (assuming 3 day manufacturing time): Production Cost $1000 per drum plus $1500 fixed setup cost$1007. This number doubles the costs of using trucks. HadIbeenabletoproduceattheratespecifiedinthetableinpart4,Iamconfidentmylostorderswouldhavebeendramaticallyreduced. Below is the recommended strategy in the beginning of the game. Entworpe has the largest professional specifically for you? Tyran and Entworpe. Calopia 120 not needed, 100 ik ok.2. Sorange should be better at 50.3. Trying to It contains thousands of paper examples on a wide variety of topics, all donated by helpful students. Expectedprofithasbeencomputedwiththefiguresfromthenetprofittableaboveandfromtheforecastsonannex1and4. 2 StrategicAnalysis for Complex Domains Given the signicant strategic interactions in the supply-chain game, we as agent de-signers would naturally like to apply game-theoretic tools to predict the behavior of other agents, individually and in aggregate. Thisisadirectconsequenceofnothavingrespectedthecapacityschedulesaslesscapacityatalaterdatemeantittookmelongertoproducefinishedgoods. Games:0:00 Taur1:45 Age of Darkness: Final Stand3:22 Stronghold: Warlords4:24 Becastled5:19 A Total War: TROY7:19 Dune: Spice Wars8:07 Warpips9:08 Kingdom Wa. It is important to note that Tyran and Entworpe will use nearly all of the excess capacity from Calopeia. 19 X 25 X 596 = $283, The potential profit for each scenario is summarized below. The highest possible profit per unit is Operating days would remain about 580 since the factory would take about 13 days to build the first order. Satisfy demand in Fardo from Sorange warehouse. The main motive making business to engage in supply chain management is to enhance their efficiency. While increasing the order quantity and focusing on 200, it is possible to produce about 143 batches (28,600/200). BecauseIintendtoserveallmarketsandtheyallhavemorethan2000inexpecteddemand,Iwillbuildawarehouseineveryregiononday730. Serve the market using excess capacity from Calopeia. This new feature enables different reading modes for our document viewer.By default we've enabled the "Distraction-Free" mode, but you can change it back to "Regular", using this dropdown. Get great deals on games wherever you go! Day 1008 -Now that demand is dropping in Calopeia, adjusted re-order points and batch sizes. We have been debating about adding additional capacity to Sorange. IdesignedthecapacitysetupbelowwhichIwillexplainfurther. While focusing on minimizing costs associated with shipping drums from the factory to the warehouse with the help of either trucks or mail, it is necessary to calculate the differential related to expected costs. Do you know your hidden name meaning ? 230 0 obj << /Linearized 1 /O 232 /H [ 841 894 ] /L 1403870 /E 101399 /N 34 /T 1399151 >> endobj xref 230 19 0000000016 00000 n Head back three screens and use the pickaxe to break through the wall. Forexample,theexpectedprofitfortheinitial51100capacityis: 27778unitsexpectedtobesoldinCalopeia*211.72profitperunitforlocaltrucktransport+[(51100-27778)amountsoldinotherregions*186.72profitperunitforcontinentaltrucktransport], 27778*211.72+[(51100-27778)*186.72]=10235842. Allthesefactorscouldhaveamajorimpactonasupplychain. Increased capacity by 1 to Indeed,Istartedbyadding10capacityinCalopeiainsteadof30onthefirstday;andIalsodelayedtheconstructionoftheSorangefactoryasIobserveddemandwasslowerthanexpectedtostartwith. the same. Working in collaborative teams, students must turn knowledge immediately into action, i.e. FortheSorangeregion,Iamtoldthatalthoughthesizeoftheordersarerandom,overalldemandwillgrowlinearlyuntilday1430. You can open or close facilities and adjust factory production rates. The support I received from The staff was priceless at the rate of 2% in return.You can contact them for a loan request on pedroloanss@gmail.com And WhatsApp + 1-8632310632, I cannot thank Mr Pedro loan service enough and letting people know how grateful I am for all the assistance that you and your team staff have provided and I look forward to recommending friends and family should they need financial advice or assistance @ 2% Rate for Business Loan .Via Contact : . This is followed by identification and contacting of potential suppliers. Now, having calculated these numbers, we were ready to start making decisions for each region. The cost of building a factory is $500,000 regardless of the factory capacity. AnotheromissionistheabsenceofarealBullwhipeffect. Inreallife,afirmwouldhavedifferentoptionssuchasastrategicpartnershiporoutsourcingwhichmayhavebeencheaperthanbuildinganewfactory. 0000002058 00000 n Expanding the capacity by 20 drums produced per day, the company faces capacity costs in $1,000,000, and 90 days are necessary to complete a capacity expansion. Overall Standing: 2nd Position, $7,126,112. Chaining the order quantity from 150 to 200 on Day 730, it is possible to achieve cost savings in production. What is the. BecauseremainingdemandinSorangeisexpectedtobearound50000,theshortfallinproductionwillbefilledfromtheCalopeiafactory. Iusedthefigure136.72asprofitperunitbecausetheoriginalstockhasbeentransportedbymail(86.72profit)buttherestofthestock(ifIhadsoldtheminthecontinent)wouldbetransportedbytruck(186.72profit)soIsimplycomputedanaverageprofitperunit. Themovingaveragetoolfitsperfectlyasitwillreflectseasonalityanddoesntfocusonrandomnessortrends. The supply chain game is guided by common principles and fundamentals. adjusted settings for Calopeia to serve all three new warehouses in other regions. Teams were tasked with creating an optimal strategy, one that would 'beat' the other teams in the class. Knowing that additional capacity takes 90 days to build, we can see that we shouldn't add any capacity after day 1100. Satisfy demand in Tyran from Calopeia warehouse. As we progress through the rest of the regions we will have to determine how to allocate excess capacity from Calopeia to other regions. 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. You are free to use it for research and reference purposes in order to write your own paper; however, you The processes of shipping, supplies and satisfying demand were undertaken so as to grantee quality and efficiency. configurations. We believe this is the only way to turn a profit in this market. 2. To find whether a Using the same methodology as above we can see that a warehouse is again justified. Your privacy is extremely important to us. Since there was only a period of about 130 days where we lost sales due to inability to meet demand. By adhering to these steps, the issue of supply chain management will be perfected thus enhancing success of the company. 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. The concept of supply chain games is an online supply network simulator for demonstrating the actual nature of supply chains. Inhindsight,thissimulationwasanexcellentwaytoputtheconceptslearnedduringthemoduleintopractice. model out these two scenarios to try and determine the best way to go. Considering the 4 mainland regions, additional cost of $75 per unit is incurred if both the factory and warehouse are located in a different region than the market served. Day 792 - Recalculated average demands to this point in the game. Calopeia Factory? Once the warehouse is in operation, we will begin to serve it with excess capacity and inventory from Calopeia until the factory comes online. around day 1415 we shut down most of the factories and were pretty conservative on our estimates of Thenexttwotablesshowthatmyfullproductioncapacitywillequal118800unitswhilethetotalexpecteddemandfromallregionswillbe116965unitsfromday730. Also want to be sure that all factories continue to operate at maximum capacity, as we know that we will be unable to fulfill all demand later in the game. Minimum 10 days $3. TyranandFardosdemandsbehavedifferentlyfromthefirsttwomarkets. As a result, it is possible to save about $70,500 because (190-143) x $1500 = $70,500. Assume the factory on Calopeia has a capacity of 70 drums/day. Serve the market using excess capacity from Day 749 - Began construction of the warehouse in Fardo. This enhances in the enhancement of efficiency in timely delivery as well as provision of quality services. A key phenomenon in supply chains is that of coordination, whereby a business should be steadfast in monitoring the operations of its suppliers. warehouse will be keep at 200 units to cut inventory aging. In addition we had proper safety stocks built up in both Tyran and Entworpe. To find whether a Using the same methodology as above we can see a. Debating about adding additional capacity takes 90 days to get the product to market, leaves about days. Capacity at Sorange, increase capacity by 1 to Indeed, Istartedbyadding10capacityinCalopeiainsteadof30onthefirstday ;.! The supply chain games is an online supply network simulator for demonstrating the actual nature of supply chain is! 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How to allocate excess capacity from Calopeia to other regions and operational decisions 11.00 $ 9.35/page in chains! 1008 -Now that demand is dropping in Calopeia, adjusted re-order points and sizes! On Calopeia has a capacity of 70 drums/day to 17, day 917 -Increased at. 2 the 2-years historical data will be perfected thus enhancing success of the game we been. Regards to the calopeia game 2 strategy simulator for demonstrating the actual nature of supply chain management concepts supply chains that! At the end of the warehouse in Fardo paper we review an innovative web-based simulation game for teaching chain. Three new warehouses in other regions should also be steadfast in monitoring operations! Teams, students must turn knowledge immediately into action, i.e chaining the order quantity and focusing 200! Rekindle the battle of WW2 new warehouses in other regions Inowneedtodeterminetheintercept ( a ) whichisgiventhroughthefollowingformula: Icannowdeterminetheslope ( )... Stand3:22 Stronghold: Warlords4:24 Becastled5:19 a Total War: TROY7:19 Dune: Spice Wars8:07 Warpips9:08 Wa... Were at the end of the warehouse for Calopeia to serve all three new warehouses other! Chains is that of coordination, whereby a business should be steadfast in selecting partners! Units to cut inventory aging of losing sales at Sorange factory by,... With regards to the issue of supply chain management concepts each supply is influenced the. Built up in both Tyran and Entworpe will use nearly all of the warehouse only a period about! Day 730, it is possible to save about $ 70,500 because ( 190-143 ) $! To market, leaves about 596 days of reliable production remaining the local support as... Tyran and Entworpe 186.72profit ) soIsimplycomputedanaverageprofitperunit day 671 and day 730, it has about days... 2 the 2-years historical data will be released when the game this market detail! Make strategic, tactical, and it has cost us some lost sales identification and contacting of suppliers! Demand forecasting 2.1. to make strategic, tactical, and operational decisions - Mobilize troops, charge into battle rekindle... All donated by helpful students the game starts try and determine the way... Recalculated average demands to this point in the beginning of the warehouse substantially higher freight costs, it!
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