Loading...

Messages

Proposals

Stuck in your homework and missing deadline? Get urgent help in $10/Page with 24 hours deadline

Get Urgent Writing Help In Your Essays, Assignments, Homeworks, Dissertation, Thesis Or Coursework & Achieve A+ Grades.

Privacy Guaranteed - 100% Plagiarism Free Writing - Free Turnitin Report - Professional And Experienced Writers - 24/7 Online Support

Pearson inventory management simulation answers

22/10/2021 Client: muhammad11 Deadline: 2 Day

Chapter 15

Supply Chain Management

Upload the completed assignment using the file extension format Lastname_Firstname_Week9.doc.

Note: You can team up with one of your classmates to complete the assignment (not more than two in a team); if you want to work on the assignment individually, that’s also fine. If you are working in teams, then only one submission is required per team; include both the team members’ last names as part of the assignment submission file name as well as in the assignment submission document.

Please provide detailed solutions to the following problems/exercises (1 simulation exercise x 32 points):

Simulation Exercise: Global Supply Chain Management Simulation

Learning Objectives

This interactive online simulation allows you to try your hand at managing the complexities of a global supply chain by putting you in the shoes of the supply chain manager of a mobile phone manufacturer who is responsible for the rollout of two models of mobile phones. This simulation illustrates key concepts of supply chain management, such as: creating a balanced supply chain across suppliers with different lead times, building flexibility into the supply chain to avoid stock-outs and excess inventory, and evaluating and using demand forecasts. Your success is measured by company profits as well as through a dynamic evaluation process in which you answer probing questions from the company's board members.

Simulation Description

The simulation gives you the opportunity to design, and manage the supply chain of a global cell phone manufacturer. During the simulation exercise, you will design the cell phone product line, forecast demand, choose a set of suppliers with different costs, lead times, and capacities, and allocate production among your chosen supplies. After completing the product and supply chain design phases, you can observe monthly demand being revealed dynamically, and have opportunities to respond to demand shifts and unexpected events. To manage the mobile phone lines successfully, you must balance competing priorities and create a supply chain that is flexible enough to react quickly to fluctuating demand.

The simulation is repeated over a four year period, allowing you an opportunity to refine your decision processes each year after learning from the feedback you receive about the previous year’s results.

This simulation teaches important concepts of supply chain management, including:

· How to create a cost-effective and flexible supply chain using a combination of more expensive, short-lead time and less expensive, long-lead time suppliers. You will allocate production among different suppliers and experience the trade-off between costs and lead times.

· How to build flexibility into the supply chain to reduce stock-outs and excess inventory in the context of uncertain demand, and how to determine the appropriate degree of flexibility required for different products and different contexts. In the simulation, flexibility stems from supplier capabilities and production planning methods. You will also learn how to evaluate the costs and benefits of adjusting production as actual demand patterns emerge.

· How to evaluate forecasting methods and interpret the dynamics of a forecasting team. You will learn how to evaluate and interpret critical forecast information as you listen to your “colleagues” voice individual and consensus demand forecasts (your “colleagues” are virtual and come as part of the simulation package). You will learn to look for important indicators of demand volatility that help you better design and manage the supply chain.

· How to build a production plan based on a probabilistic demand forecast.

· How to weigh the relative importance of results and performance measures. At the end of each playing cycle, the company’s virtual board of directors will evaluate your performance. Using a dynamic evaluation process based on your actual decisions, the virtual board members will ask questions and judge your performance. This interaction allows you to reflect on your choices and helps deepen understanding of insights gained from the simulation. In addition, profits for each period are computed, so you can measure your performance based on board votes, profits, or a combination of both.

Before Accessing the Simulation

Read through the simulation manual carefully and familiarize yourself with the how to play the simulation (I have uploaded this simulation manual in the week’s folder). This simulation manual (as well as a short overview movie about the simulation) is available on the simulation site (the manual and the movie are on the “Prepare Screen” – you will be taken to the “Prepare Screen” once you click on “Launch the Simulation”).

Accessing the Simulation

Access the simulation using the following link (this is a Course Link) – copy and paste it in your browser window if you are not able to follow the link from this document:

https://cb.hbsp.harvard.edu/cbmp/access/27612265

I already register. This the account information.

user: samliu521

Password:Drexel123

Once you are in your course section, “OPM 200-900 2014” click “Run Simulation” to begin the simulation.

Sample Time Schedule

In my experience (in f2f classes), setting time limits for completion of a simulation assignment typically increases the learning experience. I would suggest the following time schedule to complete the simulation (this is just a general/recommended guideline; you can complete the simulation at your convenience):

Simulation Run (2 hours)

Introduction and Setup (10 minutes)

Year 1 (45 minutes)

Year 2 (25 minutes)

Year 3 (20 minutes)

Year 4 (20 minutes)

Write-Up

Once you complete the simulation exercise, provide a brief write-up for the questions given below and submit the same in BB Vista.

Review the questions before you start the simulation and take notes as you play the simulation so that it would be easy for you do the write-up. Also, taking notes would help you better respond to questions that the virtual board members may ask about your choices.

The four excel record sheets uploaded in the week’s folder should be useful in helping you jot down the reasons for the choices you make (submit these also).

1) Option Choice: How did you think about which options to choose? (think about this in terms of: what criteria did you use to select options? what were the trade-offs you considered? what analyses did you conduct?)

2) Forecast Room: What did you use for your forecast?

3) Production Room: How did you decide which suppliers to use? When is it worth choosing a close plant costing an additional $10 per unit? For long lead time plants, is it worth it to pay an extra $1 million to save 1 month in lead time? For short lead time plants, it is worth it to pay an extra $1 million for an incremental capacity of 4000 per month?

4) Production Room: How did you think about setting the initial production levels?

5) Production Room: How did you decide whether to issue production change orders? How did you think about the value of the adjusting production levels compared to the $2 million cost?

6) Production Room: Did you invest in the Celldex show? How did you think about the value of the information compared to the $2 million cost?

Homework is Completed By:

Writer Writer Name Amount Client Comments & Rating
Instant Homework Helper

ONLINE

Instant Homework Helper

$36

She helped me in last minute in a very reasonable price. She is a lifesaver, I got A+ grade in my homework, I will surely hire her again for my next assignments, Thumbs Up!

Order & Get This Solution Within 3 Hours in $25/Page

Custom Original Solution And Get A+ Grades

  • 100% Plagiarism Free
  • Proper APA/MLA/Harvard Referencing
  • Delivery in 3 Hours After Placing Order
  • Free Turnitin Report
  • Unlimited Revisions
  • Privacy Guaranteed

Order & Get This Solution Within 6 Hours in $20/Page

Custom Original Solution And Get A+ Grades

  • 100% Plagiarism Free
  • Proper APA/MLA/Harvard Referencing
  • Delivery in 6 Hours After Placing Order
  • Free Turnitin Report
  • Unlimited Revisions
  • Privacy Guaranteed

Order & Get This Solution Within 12 Hours in $15/Page

Custom Original Solution And Get A+ Grades

  • 100% Plagiarism Free
  • Proper APA/MLA/Harvard Referencing
  • Delivery in 12 Hours After Placing Order
  • Free Turnitin Report
  • Unlimited Revisions
  • Privacy Guaranteed

6 writers have sent their proposals to do this homework:

Coursework Help Online
Finance Professor
Quality Assignments
Top Class Engineers
ECFX Market
Top Writing Guru
Writer Writer Name Offer Chat
Coursework Help Online

ONLINE

Coursework Help Online

I find your project quite stimulating and related to my profession. I can surely contribute you with your project.

$36 Chat With Writer
Finance Professor

ONLINE

Finance Professor

I have read your project details and I can provide you QUALITY WORK within your given timeline and budget.

$25 Chat With Writer
Quality Assignments

ONLINE

Quality Assignments

I am a PhD writer with 10 years of experience. I will be delivering high-quality, plagiarism-free work to you in the minimum amount of time. Waiting for your message.

$29 Chat With Writer
Top Class Engineers

ONLINE

Top Class Engineers

I am a PhD writer with 10 years of experience. I will be delivering high-quality, plagiarism-free work to you in the minimum amount of time. Waiting for your message.

$41 Chat With Writer
ECFX Market

ONLINE

ECFX Market

Being a Ph.D. in the Business field, I have been doing academic writing for the past 7 years and have a good command over writing research papers, essay, dissertations and all kinds of academic writing and proofreading.

$28 Chat With Writer
Top Writing Guru

ONLINE

Top Writing Guru

I have read your project description carefully and you will get plagiarism free writing according to your requirements. Thank You

$46 Chat With Writer

Let our expert academic writers to help you in achieving a+ grades in your homework, assignment, quiz or exam.

Similar Homework Questions

Three units totally needs to be done - Ashford university sci 207 lab kit 1 - Excel 2019 skills approach ch 3 challenge yourself 3.3 - Literature review essay - Some recent financial statements for smolira golf corp follow - Two shuffleboard disks of equal mass - Fundamentals of Programming Assignment Option 1: PaSciRo Simulation - Catherine holmes wilkins foundation - What is october sky about - Ray tracing vs rasterization - Humbrol authentic colour chart - Molson canada social media marketing - NETWORKNG 391 - Management information system of walmart - Economic - Pdf - Justification memo examples - Westpac term deposit account - Community Assessment - Buck boost converter topology - Creative problem-solving and decision-making skills action plan - Identify the four challenges associated with e business - The drinking water needs of a production facility - Computer hardware components ppt - Cpt code for ventriculoperitoneal shunt placement - Office of public advocate wa - Hydrogen peroxide and liver experiment temperature - Similarities between taming of the shrew and 10 things - 8 week hypertrophy program - HSA5300 Deliverable 7 - Identifying Challenges to a Population Health Approach - Module 2 Assignment 2 Instructions: Summary of NBC Parole Hearing and Parole Recommendation - An Introduction to Multiculturalism. - Games approach to coaching basketball - National literacy strategy handwriting - Little creatures dan murphys - Mission and vision of inyange industries - Cloud Computing - HW - Assignment 1 Paper - Acids and bases study guide - Kramer and knox began a partnership by investing - Dpd formularz reklamacyjny pdf - Trail of tears cherokee legacy documentary study guide answers - Teksystems timesheets - How tall is robert powell - What is secondary industry - Solvolysis of 2 bromo 2 methylbutane in acetic acid - Where did the titanic began its journey - Where the picnic was analysis - Discussion 5A - Examples of nursing interventions and rationales - Writers effect igcse examples - Modern family show essay - Oedipus rex quotes with page numbers - Scribblz preschool & long day care centre - Graph each function by making a table of values - Sci 163 week 2 nutrition and physical fitness plan - 145 hook creek blvd terminal a7 valley stream ny 11581 - Colliding continents video worksheet - Help with post - I need guest post on your site - Public health laws - International businesses use foreign exchange markets for what three reasons - Leccion 8 prueba a answers - What are the 3 most essential questions to ask in threat modeling? - Hayman reese ecu 04835 - Assignment - Innovative Systems / LEED Case Study Paper - Jai jai gurudeva sri sai mahadeva - Docusign salesforce integration guide - Period of a tan graph - Words to describe composition in art - Statistics chapter 1 questions and answers - Acme anvils has a newly patented - Alex steiner the book thief - Ziggurat of ur drawing - Ubs access card nfc - 43 group sri lanka - Moles of hcl neutralized by naoh - The legal system and adr analysis memo - Melissa theuriau miss france 2000 - U.S. Food and Drug Association - Intro to Health care - Healthy and unhealthy food speech - Is painting a chemical change - Sociocultural influences on marketing - Difference between noncyclic and cyclic photophosphorylation - Stack and mel husband's - Apex pro mxr 100 - According to the rokeach value survey - Network filters and transmission lines books free download - Fitter and turner technology used - The left brain sees and interprets the world as - Friends joey and rachel kiss in barbados - Saltwater crocodile behavioural adaptations - Urgent 11 - Reflective Journal - Assignment 1 Dropbox - Lions of little rock chapter questions - What does solitary as an oyster mean - Julia baker husband