As in the first round we begin the game on day 731 with one factory and one warehouse, both located in . The Le_Meridian Funding Service went above and beyond their requirements to assist me with my loan which i used expand my pharmacy business,They were friendly, professional, and absolute gems to work with.I will recommend anyone looking for loan to contact. This is IvyPanda's free database of academic paper samples. Since a warehouse costs only $100,000, the additional profit provided by a warehouse is definitely AfactoryinvestmentinTyranorEntworpeisnotwarranted. 3. 1. Thus, the use of trucks seems to be more advantageous for Jacobs, but the problem is in the transportation time and number of drums in each track. - Omnidirectional combat space for strategy games: naval, air, land. Now, having calculated these numbers, we were ready to start making decisions for each region. We have learnt the valuable experience from the last simulation that forecasting, future demand is a key factor to be competitive. pedroloanss@gmail.com . The beer game lets you experience problems of supply chains. remainsthehighestpossible. Assumingafactorycapacityof20,belowisthebreakevenanalysisforFardoifIbuiltafactoryandawarehouse. Day 790 -Increased capacity at Sorange factory by 10. *includingFactory500kandWarehouse100k. Day 792 - Recalculated average demands to this point in the game. Build your base and upgrade it constantly. Order point: Sorange factory to Entworpe warehouse. The factory has an initial daily capacity of 70 and is currently only serving the Calopeia market. However,toaccountfortwoorderseverymonth,IllestimatethatdemandforEntworpewillbe500monthlyforaremainingtotaloverthenext730daysofaround12000(500*24). With regards to the issue of supply chain management, businesses are required to be steadfast in selecting their partners. Calopeia Air Conditioners Seasonal-stable 39 8. We have been debating about adding additional capacity to Sorange. It is the obligation of a business to put its supplier accountable for the quality and timely delivery of its supplies. IvyPanda. However,althoughthecontinuousreviewsystemandtheEOQwouldhavecertainlyworkedverywellforFardo,EntworpeandTyran,IthinktheseasonalfactorinCalopeiaandthetrendingdemandinSorangewouldhaveputthosetoolsintodifficulty. Misrepresentation - This is specifically made for exam purpose of contract law. Manage your resources and invest them carefully. made if both the factory and warehouse are located within the region they serve. Calopeia: Supply Chain Game Write-Up. 0000005135 00000 n factory and warehouse are located in a different region than the market served. "Calopeia: Supply Chain Game Write-Up." Therefore the number of days of sales available is roughly 580. approximately 14 days for the first product to reach market. Thefollowingformulaisusedtocalculatethemovingaverageforacertainperiod: whereFt+1=forecastforperiodt+1;n=numberofperiodsusedandAi=actualdemandinperiodi. Entworpe has the largest It was really hard on my business going down due to my little short time illness then when I got heal I needed a fund to set it up again for me to begin so I came across Mr Benjamin a loan consultant officer at Le_Meridian Funding Service He asked me of my business project and I told him i already owned One and i just needed loan of 200,000.00 USD he gave me form to fill and I did also he asked me of my Valid ID in few days They did the transfer and my loan was granted. Entworp e. Insulation Not seasonal-level8 250. 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. How come? In addition we had proper safety stocks built up in both Serve the market using excess capacity from game and laying out a strategy. It is important to be flexible while choosing the shipping method. Theformulaforthistoolisasfollows: WhereFt+1=newforecast,Ft=currentforecast,Dt=valuefortimeperiodtand=smoothingconstant0.3. take it up to 75. changed as needed to try and capture as much volume as possible. professional specifically for you? We will first determine if it makes financial sense to build a warehouse in Entworpe. 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. It is important to focus on achieving the order quantity in 400. For inventory, we will order the quantity with the level of 200, units to fulfill the maximum capacity of a truck and this refers that the level of inventory in the. Calopeia: Supply Chain Game Write-Up Report Exclusively available on IvyPanda Updated: Apr 8th, 2022 Table of Contents Problem Identification Demand The Cost Differential between Truck and Mail Order Quantity Capacity Summary Table of Recommendations Appendix 1. The processes of shipping, supplies and satisfying demand were undertaken so as to grantee quality and efficiency. Head left and put the wheel on the cart. Calopeia: Supply Chain Game Write-Up. 0000001713 00000 n Sorange should be better at 50.3. Toconsultthefulltableandthecorrespondinggraphs,pleaserefertoAnnex1whichshowstotalexpecteddemandforthisregionisaround27778units. 0000000841 00000 n Maybe if we have time we can try to model out these two scenarios to try and determine the best way to go. Lost Interest 10% annually. Maybe if we have time we can try to Here are the games and their availability windows: Trberbrook ($29.99 ERP): Available March 1-31. 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. Demand in Tyran is averaging 19 per day, and is level and non-seasonal. Demand forecasting 2.1. Thenetworksimulationwentratherpoorlyforthisgroupbecauseofgravedivergencesfromtheoriginalplan,somefunctionalmistakesandagenerallackofdisciplinewhichisperhapsduetothefactthatIdidnothavetheopportunitytoconductthefirstsimulation. Forexample,aqualityissue(especiallyinchemicals)couldprovedisastrousnotonlytothesupplychainbuttothewholeorganization. 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. Assume Calopeia has an average daily demand of 50. - Mobilize troops, charge into battle, rekindle the battle of WW2. April 8, 2022. https://ivypanda.com/essays/calopeia-supply-chain-game-write-up/. 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. Different from many existing turn-based simulation games, this game simulates a. It is important to note that Tyran and Entworpe will use nearly all of the excess capacity from Calopeia. 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. There are 610 days to make the capacity 44 because 26811/610 days = 44 and to achieve the optimal amount in 45 before stopping the production. Order point: Calopeia factory to Sorange warehouse. trailer << /Size 249 /Info 213 0 R /Root 231 0 R /Prev 1399140 /ID[] >> startxref 0 %%EOF 231 0 obj << /Type /Catalog /Pages 216 0 R /Metadata 214 0 R /JT 229 0 R /PageLabels 212 0 R >> endobj 247 0 obj << /S 890 /L 1036 /Filter /FlateDecode /Length 248 0 R >> stream When players begin a game of Octopath Traveler 2 and start . Capacity would have to be added at another factory, so operations couldn't start in Fardo until day 820, and shipping would take two weeks. The game will also run continuously from day 730 to day 1460 over 3 real days. Begin construction of the warehouse about 40 days later, since it won't be needed until the factory is online. Order point: Sorange factory to Calopeia warehouse. We If you are the copyright owner of this paper and no longer wish to have your work published on IvyPanda. The average demand between day 671 and day 730 is just over 8 units. In addition to the above, it is also important to calculate the number of days of operation each additional facility will offer. Building a warehouse would cost $100,000, and allow us to earn profits of approximately $61.80 per unit. 0000098569 00000 n Added 1 more unit of capacity to 17, Day 917 -Increased capacity at Sorange factory by 5, now 60. This is aimed at lessening the supply process of various goods to different destinations. . 700 total days, less 90 days for construction, The final step is adding 5 to the current capacity after the analysis of experienced revenues and costs. Inthisregard,theLinearregressionmethodisbestsuited. 8 X 50 X 630 = $252, From our experience at the end of round one we did not want to end up with extra inventory as demand declined over the final 30 days. IvyPanda. Satisfy demand in Entworpe from Sorange warehouse. capacity may end up higher than originally anticipated at 70-75. 0000003094 00000 n IvyPanda. The main process by the team was to identify its needs in terms of products and raw materials. Iusedthefigure136.72asprofitperunitbecausetheoriginalstockhasbeentransportedbymail(86.72profit)buttherestofthestock(ifIhadsoldtheminthecontinent)wouldbetransportedbytruck(186.72profit)soIsimplycomputedanaverageprofitperunit. 3. 2. Toconclude,thecontrolthegameofferedandthefactthatitwascontinuousmadeitafunwaytolearnaboutsupplychainmanagement. We wanted to be sure that we didn't miss any costs like we did in the first round. Satisfying of quality was a key requirement for the company thus helping in realization of its objectives. Other key aspects to consider in supply chain management are the aspects of platform, suites and assemblies. Some of the key aspects fostered in supply chain management include, logistics, forecasting, supply network design, inventory and production control. Push your army through the borders of the continent and conquer nations. Itleadmetorunoutofstockonday762until785. how to allocate excess capacity from Calopeia to other regions. KnowingthatIonlyusetrucksasamethodoftransportation,thebreakevenpointissoonerthankstoabiggerprofitmargin: [(20*50000)+500000+100000]/1450-1238.28=7557units. adjusted settings for Calopeia to serve all three new warehouses in other regions. 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 First,togivemesomeleewayincaseanunexpectedeventsuchasasurgeindemandcametomaterialize. August 22, 2019. https://ivypanda.com/essays/supply-chain-game/. Forexample,PwCbelievesthatcorrectlymanagingmacroeconomicriskintodaysincreasinglycomplexsupplychainscouldmakethedifferenceinthisfastpacedandglobaleconomy, . We have been debating about adding additional capacity to Sorange. Themostprofitablewaythatmarketcanbeexploitedisthroughlocalproductionandwarehousing. professional specifically for you? If one truck can carry 200 drums and the cost of the trip is $15,000, it costs $75 to ship one drum. Order priority: Sorange factory to Sorange warehouse. (2019) 'Supply Chain Game'. depending on the location of both the factory and the warehouse. - Morale system, lower your enemy's morale to weaken their firepower in the war games. seasonal nature of demand in Calopeia will continue to require additional effort to manage in the most Below is the recommended strategy in the beginning of the game. z o.o. as above we can see that a warehouse is again justified. Satisfy demand in Sorange from Calopeia warehouse. Now we had to consider five different markets four our product, each with different demand characteristics, though the final selling price in each market was the same. Inordertoforecastsuchdemand,onehastoconsiderthatthereisnoarandomvariationortrendsinthisscenarioandthereforepastdemandisasolidgroundonwhichtobaseassumptionsforthefuture. We tool inventory in Calopeia up to about This was early, but I was going to be asleep at 5:00 AM when it needed to be done. Firstbelowisatablesummarizingmyinvestmentsininfrastructure. Onday730,IchangedthetransportationmethodtotruckasplannedbutatypingerrormeantIordered2600drumsonday740,insteadof1000. We tool inventory in Calopeia up to about 3500, and then maintained it while we built up inventory in Sorange using capacity in Calopeia. 0000074923 00000 n Thetermisdefinedastheuncertaintycausedbydistortedinformationflowingupanddownthesupplychain. Schedule factory capacity change in Sorange. Day 820 -Increased capacity at Sorange factory by 5, now 45, Day 829 -Realized that demand in Fardo is higher than originally calculated. - More than 30 large-scale battlefield maps in war game. A factory takes 90 days to build, and we cannot rely on demand beyond day 1430. Day 820 - Increased capacity at Sorange factory by 5, now 45, Day 829 - Realized that demand in Fardo is higher than originally calculated. April 8, 2022. https://ivypanda.com/essays/calopeia-supply-chain-game-write-up/. In addition, the warehouse will store inventory as low as possible to meet the fluctuate demand and as a part ofLean processes. No need to worry about maximize qty of order.4. expected in both Entworpe and Tyran. IfIsummarizetheorderdataavailableslightlyafterday730bymonth,Iobtainthefollowingtable: Inowneedtodeterminetheintercept(a)whichisgiventhroughthefollowingformula: Icannowdeterminetheslope(b)withthisformula: NowthatIhavethevaluesofaandb,thefollowingregressionequationcanbeusedtoforecastfuturemonthsorders: Withthisequation,IcouldconstructthefullforecasttableandthecorrespondinggraphinAnnex2whereonecouldseethatestimatedremainingdemandforSorangeis51629. 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. 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 student. This may be in terms of high pricing, delays in delivery and low quality. 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