"Littlefield Technology Simulation Exercise Excel" Essays and Research Papers

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Littlefield Technology Simulation Exercise Excel

Stanford University Graduate School of Business rev. August 2004 Managing Customer Responsiveness at Littlefield Technologies Background Littlefield Technologies (LT) has developed another DSS product. The new product is manufactured using the same process as the product in the assignment “Capacity Management at Littlefield Technologies” — neither the process sequence nor the process time distributions at each tool have changed. On day 0, the factory began operations with three stuffers,...

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Littlefield Technologies: Overview

Stanford University Graduate School of Business September 2007 Littlefield Technologies: Overview Introduction Littlefield Technologies is a job shop which assembles Digital Satellite System receivers. These receivers are assembled from kits of electronic components procured from a single supplier. The assembly process consists of four steps carried out at 3 stations called board stuffing, testing and tuning. The first step consists of mounting the components onto PC Boards and soldering...

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Littlefield Simulation Write Up

Littlefield Simulation Write-up December 7, 2011 Operations Management 502 Team 9 Littlefield Lab We began our analysis by searching for bottlenecks that existed in the current system. It was easily identified that major issues existed in the ordering process. Without calculations, you could tell the reorder point was too low since the historical plots showed inventory levels at zero for two or more days at a time. The number of jobs in customer orders showed correlating spikes at the same...

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Littlefield Technology

Littlefield Technologies Game 2 Strategy – Group 28 1. CUSTOMER ORDERS AND ORDERS WAITING FOR MATERIAL: When considering the demand level and changes, we would configure a time series of that data using short range forecasting. Time series are important because they are often the drivers of decision models. Trend projection and regression analysis models will be used to forecast the future demand as the growth of the demand increases at a lower level, increases to a higher level, and then decreases...

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Littlefield Simulation Report

Executive Summary Our team operated and managed the Littlefield Technologies facility over the span of 1268 simulated days. Our team finished the simulation in 3rd place, posting $2,234,639 in cash at the end of the game. We did intuitive analysis initially and came up the strategy at the beginning of the game. And then we applied the knowledge we learned in the class, did process analysis and modified our strategies according to the performance results dynamically. We have reinforced many of...

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Capacity Management At Littlefield Technologies 1

Stanford University Graduate School of Business April 29, 2009 * * Managing a Short Product Life Cycle at Littlefield Labs Background In early January, Littlefield Labs (LL) opened its first and only highly automated lab to test blood samples. LL receives the samples from local hospitals and clinics and processes the samples using disposable kits. After 360 days of operation the lab will cease operations, shut down, and dispose of any remaining kit inventories. Neither capacity nor inventory has...

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Littlefield Technologies Part 1

April 8, 2013 Group Report 1: Capacity Management The following is an account of our Littlefield Technologies simulation game. The account includes the decisions we made, the actions we took, and their impact on production and the bottom line. Day 53 Our first decision was to buy a 2nd machine at Station 1. We did not have any analysis or strategy at this point. Nonetheless, this turned out to be a wise investment, since Station 1 was in danger of becoming a bottleneck in production...

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Personal Budget Exercise Excel

Personal Budget Exercise – MS Excel (These instructions are also attached here as a Word document) Creating a spreadsheet to track personal expenses is an excellent use of Microsoft Excel. For this exercise, you will create a spreadsheet to enter a personal budget and track actual expenses for the year. You may choose to use real data or create a fictitious budget using a monthly income amount of $2,500. Here are suggested budget categories if you are not using a real budget. At a minimum,...

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Littlefield Technologies Simulation: Batch Sizes

Littlefield Simulation 2: Occupylittlefield With our second littlefield simulation complete, we have reinforced many of the concepts and lessons learned in class. We had a better understanding of the operation of the littlefield facility and how certain modifications would affect the throughput and lead time. Though we are pleased with our final results compared to the rest of the class, we see there is still room for improvement. We made many mistakes, but most importantly we have learned from...

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Spreadsheet Modeling and Simulation

SPREADSHEET MODELING AND SIMULATION Spring 2014 Instructor: Yanjun Li, office: KRAN 422, phone: 494-4525, e-mail: li14@purdue.edu Office Hours: Tuesday 1:00 – 4:00 pm, or by appointment. Course Packet: The course packet contains cases and readings from various sources. Textbook: David Hartvigsen, SimQuick: Process Simulation with Excel, 2nd Edition, Prentice Hall, 2004. (ISBN: 0-13-107880-1) References: Law, A. M. and W. D. Kelton, Simulation Modeling and Analysis...

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