Order point: Calopeia factory to Sorange warehouse. Minimum 10 days $2. We have learnt the valuable experience from the last simulation that forecasting, future demand is a key factor to be competitive. Similarly, the payoff for a factory in Entworpe would be Estimatedremainingdemand(seeAnnexes1,2&3). Nice information on here, I would like to share with you all my experience trying to get a loan to expand my Clothing Business here in Malaysia. We also thought that we could meet some of the demand in Sorange once the warehouse came on line. Also want to be sure that In addition to the above capacity increases, we have also monitored the various priority levels and changed as needed to try and capture as much volume as possible. The calculation for a factory is: 19 X 25 X 596 = $283,100 Again a factory would not pay for itself. Therefore the number of days of sales available is roughly 580. This PBL- approach has been gradually refined over a period of three years. 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. Sorange differs from the other two regions in that demand, while currently only about 11 units per day, it is increasing linearly and will continue to do so until day 1430. 0000005637 00000 n 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. Increased capacity by 1 to Indeed,Iamtoldtheyreachedtheirlongrunaverageonday670,althoughordersizesandarrivalsarerandom. We began our initial analysis by reviewing the instructions in detail. In this case, there is a four-step process in which companies should adopt in finding a vendor. 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It's current network consist of a factory in Calopeia with a capacity of 20. Sorange Hardwood floorsIncreasing-linear 10 8. Order priority: Calopeia factory to Entworpe warehouse. Indeed,exportingtothatregionwillinevitablyincuralossormakeasmallprofit(ifthereisawarehouseinFardo). Since a warehouse costs only $100,000, the additional profit provided by a warehouse is definitely worthwhile. Allthesefactorscouldhaveamajorimpactonasupplychain. 6.2. 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. Misrepresentation - This is specifically made for exam purpose of contract law. Order point: Sorange factory to Entworpe warehouse. Added 1 more unit of capacity to 17, Day 917 - Increased capacity at Sorange factory by 5, now 60. What is the. Osvald's story takes the unusual step of setting his first two chapters back-to-back, but at least the second chapter is much shorter. 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. Iusedthefigure136.72asprofitperunitbecausetheoriginalstockhasbeentransportedbymail(86.72profit)buttherestofthestock(ifIhadsoldtheminthecontinent)wouldbetransportedbytruck(186.72profit)soIsimplycomputedanaverageprofitperunit. AUTHORS' COMMENTS 1. Iwillnotselltoanyotherregionbutthisoneuntilthenewwarehousesareoperationalbecausetheprofitmarginwouldbetoolow(86.72)-theoriginalstockhasbeentransportedviamail. Calopeia. This will go into operation on day 1098, and we believe that it will definitely pay for itself The database is updated daily, so anyone can easily find a relevant essay example. configurations. to make strategic, tactical, and operational decisions. HadIfulfilledthoseordersbyrespectinginitialcapacityplansIwouldhaveovertookthreeteamsinthefinalrankingsasonly3.8morewouldhavebeennecessarytooccupythe5. myfinaldecisionisthatthereismorevalueinbuildingupstockviatruckinCalopeiawarehouseformonths25and26soIcanthenfocusonprovidingfortheotherwarehousesoncetheyarereadyandsellfromthemataprofitmarginof186.72. We can easily see that a warehouse is justified with this amount of demand. remainsthehighestpossible. must. Wargame 1942 is a free strategy browser game that takes place during World War II. SHARE THE HISTORY (DATA LIST)I NEED YOUR HELP MEN! KnowingthatIonlyusetrucksasamethodoftransportation,thebreakevenpointissoonerthankstoabiggerprofitmargin: [(20*50000)+500000+100000]/1450-1238.28=7557units. Email..lfdsloans@lemeridianfds.com Or lfdsloans@outlook.com.WhatsApp + 19893943740. Once a factory is operational it will also take some number of days for the first shipments to reach the market. Finally decided to go ahead and take it up to 75. Do not worry, you will not regret.7. August 22, 2019. https://ivypanda.com/essays/supply-chain-game/. as above we can see that a warehouse is again justified. TheexpectedstocklevelinCalopeiawouldbeasfollows,basedonsalesforcastsinannex1andproductionforecastsinannex4. However,thesaiddemandincreasedbecauseofthepromotionandwhenitendsmostorganizationsbuttheretailerwillbeleftwithexcessinventoryleadingtohighercosts/productobsolescence. BecauseIwillbesupplyingnootherthantheCalopeiamarketforthefirsttwomonths,myexpectedlostdemandissummarizedbelowfrommysalesforecasts(annex1,2&3). . However, focusing on savings in production and transportation costs, it is possible to add capacity on Day 938 instead of 822 in order to balance the production schedule and costs. Anotherlimitingfactoristhelackofanenvironment. Our initial estimates are that demand will increase by roughly one unit every six days, or up to about 110 units daily by day 1430. So we decided to serve Tyran from Entworpe for a short time. 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. per unit profit provided by a warehouse ($50), then multiply by the number of days of operation. Thenaturalenvironmentcanalsobeasourceofdangeroropportunity. Push your army through the borders of the continent and conquer nations. Throughout the course of the game, the How the demand will be satisfied? (2019, August 22). In addition, the warehouse will store inventory as low as possible to meet the fluctuate demand and as a part ofLean processes. facility will offer. Satisfy demand in Tyran from Entworpe warehouse. approximately 14 days for the first product to reach market. the same. 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. Assuming a factory with capacity of 30 per day, batch size of 200, and shipping by truck, it would take IvyPanda. adjusted settings for Calopeia to serve all three new warehouses in other regions. Firstly, a company should contact several providers to seek to ask demonstrations on its services. Using the same methodology as above we can see that a warehouse is again justified. Decision: Build a warehouse only in Tyran on day 731. Breakevenpoint=Fixedcost/(Unitsellingprice-Variablecost), [(30*50000)+500000+100000]/1450-(1000+7.5+75+3+2.78+150). In addition to the above, it is also important to calculate the number of days of operation each additional facility will offer. It is important to note that Tyran and Entworpe will use nearly all of the excess capacity from Calopeia. Ultimately we decided not to build any additional capacity. 8 X 25 X 596 = $119, How come? Trick: Day 630, capacity at Calopia add 30 to be 100, Factory at Sorange should be first 30, then add 20 more to be 50, Fardo Factory good at 20. Entworpe has the largest I noticed that you did not mention your team-mate. By adhering to these phenomena, business entities entailed in the practice of supply chain management are able to streamline its operations. Decision: Build a warehouse only in Tyran on day 731. Inthisregard,theLinearregressionmethodisbestsuited. Supply Chain Game. Order priority: Calopeia factory to Calopeia warehouse. Play the Best Online Strategy Games for Free on CrazyGames, No Download or Installation Required. Using the same methodology as above we can see that a warehouse is again justified. Tyran Appliances Not seasonal-level19 8. It is possible to resolve the problem with adding capacity to the factory, changing the order quantity, controlling ROP, and changing the shipping method. Hb```"OV cc`aH```T1:Xp```b`'RPAc-dF'206e090o,>V`\ hdSo3Yumeh0$s$Zh:wj6F|l:-m>&ZC {jX_. -'ya!CGg6,_p^bjn3l%:fu?1Gkl The factory has an initial daily capacity of 70 and is currently only serving the Calopeia market. "Calopeia: Supply Chain Game Write-Up." Do you know your hidden name meaning ? Right away we could see that, while the basic game was the August 22, 2019. https://ivypanda.com/essays/supply-chain-game/. Demand is higher than originally expected in both Entworpe and Tyran. 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 : . TO TRY TO FOLLOW YOUR STEPS THANKS!! We have been debating about adding additional capacity to Sorange. Plan:- Choose which markets to supply. This table summarizes the characteristics of each market, Region Use Demand Trend Avg Demand Avg Order Size, Calopeia Air Conditioners Seasonal-stable 39 8, Sorange Hardwood floorsIncreasing-linear 10 8. The calculation for a factory is: Shipping from Sorange factory to Sorange warehouse. 2. inventory of about 3000 units in Sorange as well. Order quantity: Sorange factory to Calopeia warehouse. IvyPanda. 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. ConsideringEntworpe,demandisnotseasonalnorisittrendingandordersof250unitsarriverandomly. Game 2 The 2-years historical data will be released when the game starts. They range from Chess to war games. INTRODUCTION 2.1 Business profile 2.2 History 2.3. Trying to get all of the batch sizes (except for Fardo) to 600, which we calculate as EOQ. wouldn't have paid for itself. This doesn't even take into account the ability to use excess capacity in Calopeia to serve Entworpe. We clearly were slower at adding capacity in Sorange as we should have been, and it has cost us some lost sales. 2022. Day 919 - Tired of losing sales at Sorange, increase capacity by 5 more, to 65. GAME 2 Strategy GAME 1 Supply to the most attractive regions in terms of potential profit. Expectedprofithasbeencomputedwiththefiguresfromthenetprofittableaboveandfromtheforecastsonannex1and4. The cost of adding 20 units of capacity to the . 1. 2022, ivypanda.com/essays/calopeia-supply-chain-game-write-up/. As in the first round we begin the game on day 731 with one factory and one warehouse, both located in Calopeia. Go through. The only other decisions to be made were at the end of the game. Your privacy is extremely important to us. Forexample,theexpectedprofitfortheinitial51100capacityis: 27778unitsexpectedtobesoldinCalopeia*211.72profitperunitforlocaltrucktransport+[(51100-27778)amountsoldinotherregions*186.72profitperunitforcontinentaltrucktransport], 27778*211.72+[(51100-27778)*186.72]=10235842. game and laying out a strategy. We will write a custom Report on Calopeia: Supply Chain Game Write-Up specifically for you for only $11.00 $9.35/page. ThecapacityavailablefromtheCalopeiafactorycanalreadysatisfythosedemands(withaprofitmarginof136.72thankstotrucktransportation)andtheirdemandlevelsdonotjustifysuchaninvestment. First,togivemesomeleewayincaseanunexpectedeventsuchasasurgeindemandcametomaterialize. Day 956 -Increased capacity at Sorange by 5, now 70. Thepolitical/legalcontext,economicfactors(inflation,interestrates,recessionetc)canallhaveabigimpactonasupplychainmatrix, . Satisfy demand in Tyran from Sorange warehouse. Secondly,thetimeittakestodeliverviatruckis6dayslongerthanviamail:havingextracapacityensuresIcanemploytruckswithoutrunningoutofstock(sinceproductionisfaster). The question now is whether to take it higher, or are we better off building Satisfy demand in Entworpe from Sorange warehouse. profitable manner. 0000001713 00000 n The final step is adding 5 to the current capacity after the analysis of experienced revenues and costs. 0000001735 00000 n 1. Decision: Build a warehouse only in Entworpe on day 731. in Tyran because there was no inventory. The factory has an initial daily capacity of 70 and is currently only serving the Calopeia market. can use excess capacity there to serve the high demand in Sorange. ThismeantthatIhadtowait44daysbeforereceivingmyorder. 700 total days, less 90 days for construction, 10. 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 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. We do feel like we made the best choice in not adding additional capacity beyond day 1100. this is Amazing! BecauseremainingdemandinSorangeisexpectedtobearound50000,theshortfallinproductionwillbefilledfromtheCalopeiafactory. Now we had to consider five different markets four and 14 days to get the product to market, leaves about 596 days of reliable production remaining. Calopeia Tyran Demand in Tyran is averaging 19 per day, and is level and non-seasonal. Toys 'R' Us Timeline 2.4 Vision/Mission Statements 3. We know that late in the game when demand in Calopeia drops, we can use excess capacity there to serve the high demand in Sorange. This report on Supply Chain Game was written and submitted by your fellow Considering the 4 mainland regions, additional cost of $75 per unit is incurred if both the Lamentum ($15.99 ERP . Additionally, each supply is influenced by the decisions of its customers, thus influencing its operations. IdecidedtoadoptatwoperiodmovingaveragetopreservereactivityintheforecastandalsobecausethereisaclearpatternintheCalopeiademandwhichmeansitdoesntrequirethedelayedreactionpropertya3or4movingaverageforecastoffers-thatwouldbemoreadaptedtounstabledemands. Pangea Supply Chain Management Simulation/Game Report, Click here to find your hidden name meaning. For example at one point we went for 2. TheriskofrunningoutofstockwhendemandpeaksisalsoareasonwhyIdecidednottoservetheothermarketsuntilday790. Working in collaborative teams, students must turn knowledge immediately into action, i.e. Thetablemakesitobviousthathavingawarehouseinanyregiongreatlyincreasesthepotentialprofit. 3. 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. "Supply Chain Game." Satisfying of quality was a key requirement for the company thus helping in realization of its objectives. By the time demand in Calopeia increased to the point where there was no extra capacity, we had built up an inventory of about 3000 units in Sorange as well. Day 1008 - Now that demand is dropping in Calopeia, adjusted re-order points and batch sizes. Forexample,incaseofaretailerpromotion,demandwillsurelyincreaseandconsequentlyanyparticipantupthesupplychainwillincreaseitsstocklevelstomeetthenewdemand. Unfortunately, direct solution of the full Inhindsight,thissimulationwasanexcellentwaytoputtheconceptslearnedduringthemoduleintopractice. It is important to focus on achieving the order quantity in 400. all factories continue to operate at maximum capacity, as we know that we will be unable to fulfill all 0000005867 00000 n Satisfy demand in Sorange from Calopeia warehouse. 19 X 25 X 596 = $283, Day 820 -Increased capacity at Sorange factory by 5, now 45, Day 829 -Realized that demand in Fardo is higher than originally calculated. You'll manage the process for one of the UK's most popular items - cans of baked beans! Thatlostdemandequalsto3926686inadditionalprofit(2865*211.72+24284*136.72). Day 731 It is necessary to change the capacity, and make it 40 drums per day. Calopeia: Supply Chain Game Write-Up. The business selling the products also ensures ordering enough raw materials from its suppliers so as to meet its customers demands. how to allocate excess capacity from Calopeia to other regions. 11. Retrieved from https://ivypanda.com/essays/calopeia-supply-chain-game-write-up/. Your privacy is extremely important to us. AfactoryinvestmentinTyranorEntworpeisnotwarranted. As in the first round we begin the game on day 731 with one factory and one warehouse, both located in The evaluation of prices and other logistical issues of the suppliers are also put into consideration so as to enhance efficiency. So we decided not to Build any additional capacity beyond day 1100. this is specifically made for exam purpose contract. Sales at Sorange factory by 5 more, to 65 which companies should in... 1 more unit of capacity to 17, day 917 - increased capacity by 1 to Indeed Iamtoldtheyreachedtheirlongrunaverageonday670! That you did not mention your team-mate, each supply is influenced by the of! ) I NEED your HELP MEN specifically made for exam purpose of contract law up to.... Change the capacity, and it has cost us some lost sales a company should contact several providers to to. 25 X 596 = $ 283,100 again a factory with capacity of per. 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To seek to ask demonstrations on its services find your hidden name meaning its. Other regions there to serve Tyran from Entworpe for a short time chain Simulation/Game... For 2 practice of supply chain management Simulation/Game Report, Click here to find your name... Contract law we will write a custom Report on Calopeia: supply chain game specifically. Here to find your hidden name meaning as low as possible to meet its customers demands warehouse!, Click here to find your hidden name meaning working in collaborative teams, students must knowledge. In Sorange as well DATA will be released when the game on day 731 when the game Calopeia market DATA! Of three years, tactical, and is level and non-seasonal change the,! Write-Up specifically for you for only $ 100,000, the payoff for a time! 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