littlefield simulation 1 strategy

Littlefield Simulation 2: Occupylittlefield With our second littlefield simulation complete, we have reinforced many of the concepts and lessons learned in class. Jaimin Patel We made many mistakes, but most importantly we have learned from. Day 53 Our first decision was to buy a 2nd machine at Station 1. of Days in Period (365), Cecilia McDaniel also gives a choice of two option plans to cover the shortfall, and propose the best decision following the analyzing impact on the cash flow statements of the hospital., First, with the price of Pig Iron plummeting, companies in our industry are in a fix to decide on cutting down additional costs that can maintain or improve the overall profits. to help you write a unique paper. PDF Littlefield Simulation Overview Presentation Littlefield Simulation . 201 s In terms of choosing a priority for machine 2, we decided to switch to priority to step 2 since machine 2's utilization was consistently higher than machine 3's. We did intuitive analysis initially and came up the strategy at the beginning of the game. Figure 1: Day 1-50 Demand and Linear Regression Model As sales continued to grow over the next few simulated weeks, the process was able to keep up with demand and the lead times stayed well below 1 day, confirming that the addition of this machine was the correct decision.. Go for aggressive contracts, but manage lead times. Your write-up should address the following points: A brief description of what actions you chose and when. PMCs are different from traditional military contractors, which more often than not are referred to as defense contractors. Barilla Spa: A case on Supply Chain Integration, Toyota Motor Manufacturing Inc - Case Study, Silvio Napoli at Schindler India-HBS Case Study, Forecasting Uncertainty - Obermeyer Case Study, Corporate Social Responsibility and Performance Management.docx, correctional facilities 1 Quality Nursing Writers.docx, correctional systems 1 Quality Nursing Writers.docx, Correctional unit 3 assignment Law homework help.docx, Corporate Governance and Alphabet Management Questions.docx, Corporate Social Responsibility Performance Article Analysis.docx, Corporate strategy Management homework help.docx, Correlating Data in Detection of Worms and Botnet Attacks Discussion.docx. It has been the central topic for many resolutions, special committees, and peacekeeping efforts over the last sixty years. Operations Policies at investment in the machine. The mission of our team is to complete all aspects of the team assignment on time and to the full requirements set forth by Professor McNickle. Do a proactive Inventory management during the simulation run. 54 | station 1 machine count | 2 | As day 7 and day 8 have 0 job arrivals, we used day 1-6 figures to calculate the average time for each station to process 1 batch of job arrivals. Simulation & Gaming. Clear role definitions avoid confusion and save time. We also reorder point (kits) and reorder quantity (kits), giving us a value of 49 and 150., 66 | Buy Machine 3 | Both Machine 1 and 3 reached the bottleneck rate as the utilizations at day 62 to day 66 were around 1. Once the priority was changed from FIFO to Step 4, the team noticed that both the utilization at Station 2 and the queues began to exhibit high variance from day to day. 41 The study suggests that developing a simple ILE is essential in raising the interest of a wide audience involved in sustainable development policy making and after stakeholders gain confidence in the benefit of the ILE, it becomes easier to integrate simulation exercises into planning processes at national, regional and local levels. In the final simulation, we corrected our mistakes. Littlefield Technologies Simulation: Batch Sizes Analysis Littlefield Simulation 2: Occupylittlefield With our second littlefield simulation complete, we have reinforced many of the concepts and lessons learned in class. One focus of ours during this simulation was minimizing the cost of inventory orders and stock outs. We had split the roles. Winning strategy for the Littlefield simulation game - Digital WPI This left the factory with zero cash on hand. 2. Managing Customer Responsiveness Based on initial management analyses, customer demand for this new product is expected to be random, but the average demand will be level over the products 268-day lifetime. As a result, we continued to struggle with overproduction and avoiding stock outs, but made improvements resulting in less drastic inventory swings in the later. You may use it as a guide or sample for On day 97, we changed Station 2s scheduling rule to priority step 2. 153 The focus of the investigation, the findings of which are presented in this essay, was on the implications for the governance of global politics of the growing role of private military companies (PMCs). When expanded it provides a list of search options that will switch the search inputs to match the current selection. On obeserving very low lead-times, we switched to contract-3. To increase the process speed by 10% with 5 new machines by the end of this month., Our first plan (Plan A) includes hiring 4 new employees in January to cover the 2100 units of demand but firing them in February, we will fire these additional employees because the production would be covered. Littlefield_1_(1).pptx - 1 Littlefield Labs Simulation Professor Littlefield Simulation Analysis, Littlefield, Initial Strategy - StuDocu Reducing agency staff is a smart choice because it can eliminate contracted salaries which cost a, The machine efficiency data was analysed, this included machine running speed and machine operational stoppages. Thereafter we kept an active watch on lead-times and tried to resolve it through the intense team communication and proactive operations-management. Very useful for students who will do the si, 100% found this document useful (4 votes), 100% found this document useful, Mark this document as useful, 0% found this document not useful, Mark this document as not useful, Save Littlefield Simulation Report For Later, Do not sell or share my personal information. Analysis of the First 50 Days Exhibit 1 : OVERALL TEAM STANDING 1 The goal of the symposium is to investigate how research in system dynamics is contributing to simulation-gaming, and how the more general field of simulation-gaming is influencing work in system dynamics. on 54th day. Although we had the choice to produce as much as 30,000 units, we felt as though we did not have sufficient money to increase production. Page | 5 1.0 Introduction Littlefield Simulation is a game widely used in management courses that replicates a manufacturer's decision making mechanism. However, this space currently was leased to another company on a year-to-year basis and was generating annual rent of. Demand is then expected to stabilize. It is now nine months later, and Littlefield Technologies has developed another DSS product. performance of the factory for the first few days. | Should have bought earlier, probably around day 55 when the utilization hits 1 and the queue spiked up to 5 |, Our next move was to determine what machines need to be purchased and how many. In March, April, and May will fire 4, 3, 3, employees respectively. The goal of the symposium is to investigate how research in system dynamics is contributing to simulation-gaming, and how the more general field of simulation-gaming is influencing work in system dynamics. Later, we were forced to add machines. Section We were interested in allocating the money towards marketing as opposed to production. Clear role definitions avoid confusion and save time. Uploaded by zilikos. Littlefield Simulation Analysis Littlefield Initial Strategy When the simulation first started we made a couple of adjustments and monitored the performance of the factory for the first few days. The company has been functioning well in terms of generating profit and demand so far. We tried not to spend our money right away with purchasing new machines since we are earning interest on it and we were not sure what the utilization would be with all three of the machines. Although orders arrive randomly to LT, management expects that, on average, demand will follow the trends outlined above. LinkedIn and 3rd parties use essential and non-essential cookies to provide, secure, analyze and improve our Services, and (except on the iOS app) to show you relevant ads (including professional and job ads) on and off LinkedIn. Now customize the name of a clipboard to store your clips. Machine configuration: The decision depends on the expected lead-time, which we promise to the customer. We did many things right to win this simulation. When the exercise started, we decided that when the lead time hit 1 day, we would buy one station 1 machine based on our analysis that station 1 takes the longest time which is 0.221 hrs simulation time per batch. We set up a spreadsheet to forecast demand ev However, by that time, we had already lost huge revenues and the damage had been done. 5. A huge spike, in demand caused a very large queue at station 3 and caused our revenues to drop, significantly. Can you please suggest a winning strategy. Operations Policies at Littlefield We wanted machine 3 to never be idle and thus, kept the priority at 2. . I then multiplied that by the obvious 60 minutes per hour to determine the output from each machine center each hour. As explained on in chapter 124, we used the following formula: y = a + b*x. Total Second, we controlled the inventory level with finding right QOPT (Optimal Order Quantity) and reorder point according to continuous review system method. PLEASE DO NOT WAIT UNTIL THE FINAL SECONDS TO MAKE YOUR CHANGES. 185 Littlefield Simulation Solutions and analytical decisons made. One colleague was responsible for customer order management and the other for the capacity management. At this point, all capacity and remaining inventory will be useless, and thus have no value. Shortly after day 50, we switched to the contract-2. 9 233 My reasoning for using this strategy is that my products will be extremely useful and beneficial to its consumers; products like BIC and McDonalds are in extreme demand with the situation of todays economy. At day 97, our team ranked first in the overall standing, and wanted to try to maintain this standing for the rest of the simulation., Finally, on day 150 we try an all in strategy spending $160.000 in 1 machine for station 1 and 2 to increase the capacity and to process jobs only on conditions of contract 3.