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Littlefield Simulation 2 strategy: Littlefield Technologies Simulation Game 2 strategy
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Littlefield Simulation 2 strategy
Sunday, July 17, 2011
Littlefield Technologies Simulation Game 2 strategy
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Just went through this last semester. We ended up in first place even though we made a few minor mistakes. First a few links that helped us:
There are no members yet.
Be the first!
http://archive.ite.journal.informs.org/Vol5No2/Miyaoka/ http://wordpress.shetgar.com/blog/?p=59 http://www.scribd.com/doc/51139499/LittlefieldSimulation2Report
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Here is what we did:
PreGame Activities: The team met the Tuesday before class to examine the data and discuss strategies. It was apparent that both Stations 1 and 3 were operating at full capacity, frequently hitting 100% utilization. Station 3 seemed more strained since it had higher queues (Mean=506,
STD=498) than Station 1(Mean=187, STD=175).
Since the average job lead time exceeded 2 days during days 43 through 46, inclusive, we thought it would be unprofitable to attempt to move to the $1,000 contracts. We discussed the options of altering the lot sizes, but decided that the extra setup time would only create more bottlenecks downstream. About Me
Blog Archive
HB
▼ 2011 (1)
View my complete profile ▼ July (1)
Littlefield
Technologi es Simulation
Game 2 strateg... Stage 1: As a result of our analysis, the team’s initial actions included:
1. Leave the contracts at $750.
2. Change the reorder point to 3000 (possibly risking running out of stock).
3. Change the reorder quantity to 3600 kits.
4. Purchase a second machine for Station 3 as soon as our cash balance reached $137,000
($100K + 37K).
This strategy proved successful and after the second machine for Station 3 was purchased on
Day 56 and the queue
Littlefield Simulation 2 strategy: Littlefield Technologies Simulation Game 2 strategy
Share
1 More
Next Blog»
Create Blog Sign In
Littlefield Simulation 2 strategy
Sunday, July 17, 2011
Littlefield Technologies Simulation Game 2 strategy
Followers
Join this site with Google Friend Connect
Just went through this last semester. We ended up in first place even though we made a few minor mistakes. First a few links that helped us:
There are no members yet.
Be the first!
http://archive.ite.journal.informs.org/Vol5No2/Miyaoka/ http://wordpress.shetgar.com/blog/?p=59 http://www.scribd.com/doc/51139499/LittlefieldSimulation2Report
Already a member? Sign in
Here is what we did:
PreGame Activities: The team met the Tuesday before class to examine the data and discuss strategies. It was apparent that both Stations 1 and 3 were operating at full capacity, frequently hitting 100% utilization. Station 3 seemed more strained since it had higher queues (Mean=506,
STD=498) than Station 1(Mean=187, STD=175).
Since the average job lead time exceeded 2 days during days 43 through 46, inclusive, we thought it would be unprofitable to attempt to move to the $1,000 contracts. We discussed the options of altering the lot sizes, but decided that the extra setup time would only create more bottlenecks downstream. About Me
Blog Archive
HB
▼ 2011 (1)
View my complete profile ▼ July (1)
Littlefield
Technologi es Simulation
Game 2 strateg... Stage 1: As a result of our analysis, the team’s initial actions included:
1. Leave the contracts at $750.
2. Change the reorder point to 3000 (possibly risking running out of stock).
3. Change the reorder quantity to 3600 kits.
4. Purchase a second machine for Station 3 as soon as our cash balance reached $137,000
($100K + 37K).
This strategy proved successful and after the second machine for Station 3 was purchased on
Day 56 and the queue