JVA Corporation Simulation .Performance‚ as well as revenue‚ is reviewed every 6 months. This way it allows JVA Corp. to cut or increases pay every 6 months and review its bottom line. Employees can also benefit by having the opportunity to earn pay raises potentially twice a year‚ rather than the typical annual reviews. I t is my firm believe that to achieve the reduction of the percentage of revenue that is allotted to employee’s compensation from 8% to 5% without it having a big demoralizing
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JVA Corporation To: Katelyn Van Michelson‚ CEO Subject: Compensation Restructuring Dear Ms. Michelson‚ During the last fiscal year‚ JVA Corporation had a devastating net loss of $53 billion and suggestions have been made that we close a couple of the international factories to help stabilize the corporation and remain in business. As the Director of HR‚ I feel that these closures would have a negative impact on the employees and JVA Corp. The proposed closures would move the production
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SIMULATION • WHAT is Simulation ? • WHY is Simulation required ? • HOW is Simulation applied ? • WHERE is Simulation used ? DEFINITION • Simulation is a representation of reality through the use of model or other device‚ which will react in the same manner as reality under a given set of conditions. • Simulation is the use of system model that has the designed characteristic of reality in order to produce the essence of actual operation. • According to Donald G. Malcolm‚ simulation
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A. The simulation model B. The number of patients treated every week and the waiting time for each patient | Number of patients treated | Waiting time for each patient (Min) | Outpatient department | 39 | 2465 | Inpatient department | 542 | 3616 | C. Some changes in the resource levels I. Each shift includes 2 admission secretaries | Number of patients treated | Waiting time for each patient (Min) | Outpatient department | 39 | 2515 | Inpatient department | 544
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This simulation game was developed by Sisk (1976). Basically‚ there are ten imaginary countries (Shima‚ Myna‚ Ila‚ Usa‚ Pam‚ Bonay‚ Shivey‚ Lani‚ Ranu and Bili) and each of these countries has three key elements to be considered: defense‚ resources and demography. The main purpose of this game‚ understanding the importance of negotiation and interdependence between countries. I would like to make some changes in the game for my class. Every student or group will choose their imaginary country.
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Global Supply Chain Management Simulation Debrief Slides ©© Enspire Enspire Learning Learning and and Harvard Harvard Business Business School School (revised Dec 2010) 1 Board Members’ Objectives Member Objective Betty Forecasting: choice of options (consensus vs. mean) Doug Forecasting: choice of options (role of risk) Yvonne Stocking Levels: Weighing the costs of over/understocking Meryl Production flexibility: accurate response/ sourcing strategy (focus on flexibility) Paul Production
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base-case analysis and constructed a spreadsheet model that you can use in your analysis. You and Lisa are financial analysts at Sprigg Lane Investment Corporation. Background Sprigg Lane Natural Resources (SLNR) is a new division of the Sprigg Lane Investment Corporation (SLIC) and was formed in 1987. SLIC is a privately held investment corporation founded in 1961. It had become a diversified company consisting of a total of 9 subsidiaries. The oldest three were in the home products business:
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Market Structure Simulation Quasar Computers When industries are selling similar products this makes up market structure. I will be discussing economic profit that Quasar computer is able to make. The market structure is made of the following pure monopoly‚ pure competition‚ monopolistic competition‚ and oligopoly. In the simulation I learn about pricing and non pricing strategies and understanding the diverse market structure. Quasar put out a new first all-optical notebook that is called
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1. What did you observe in inventory and back order levels when you play the game in uncoordinated and coordinated modes? What are the underlying reasons for the problems associated with uncoordinated decision-making? Based on the results you found in the previous part‚ list the potential benefits of coordination. (max 0.75 page) 2. What are the steps companies can take in order to reduce the problems associated with uncoordinated decision-making? Discuss also the potential implementation issues
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Developments in Business Simulation and Experiential Learning‚ Volume 26‚ 1999 STUDENT EXPERIENCES IN THE INTERNATIONAL COLLEGIATE BUSINESS POLICY GAME COMPETITION William D. Biggs‚ Beaver College Michelle Duffy‚ U.S. Navy David Leposa‚ Chrysler Credit Corporation Andrew Milne‚ Vital Solutions International‚ Inc. Eleanor Schwartz‚ Bell Atlantic ABSTRACT This condensed paper provides comments from four students who represented Beaver College in the 1998 International Collegiate Business Policy Game
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