BEER GAME DEBRIEFING The bullwhip effect 28/09/2011 Tiphaine Ribetto – st Perrine Trullemans – st112855 Background: "Beer Game" is a simple simulation of a Make-to-Stock Supply chain. The goal of this game is to minimize cost of capital employed in stock while avoiding out-of-stock situations. The issue here is how to forecast demand accurately. Tiphaine and I assume the roles of beer factory in the production department. As our work does not involve any decision in the order flow
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This activity was observed to be a modified dodge ball game with mats instead of people just dodging and fleeing from the ball. This activity was based on 30 students and two teachers. This activity was a modified dodge ball game out side on the basketball courts; the location is at McManus elementary school. This modified dodge ball game took place around 9:30 a.m. to around 10:00 a.m.‚ so it was about thirty minutes in length and very active. There were two adults to the thirty students‚ one was
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Table of Contents Executive Summary3 1.0Introduction4 2.0Analysis4 2.1Market Identification4 2.2Market Segmentation4 2.3Market Orientation5 2.4Marketing Channel Performance5 2.5Pricing Strategy5 2.6Customer Needs6 2.7Customer Analysis6 2.8Commercial Position7 3.0Conclusion7 Reference list7 Appendices8 Exhibit 1 - Distribution of wine sales by price class8 Exhibit 2 - Wine drinking habits by category and employment8 Exhibit 3 - Age distribution of wine drinkers by category9 Exhibit
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KFC Marketing Activity Report 1. Target market: KFC targets upper and middle classes. Typical customers are adults ages 25-54 who are in occupations ranging from white collar office jobs to blue collar construction jobs. The biggest part of their customer base makes between $50‚000 and $60‚000 dollars a year and are married with children. 2. Positioning: For a product to occupy a clear‚ distinctive and desirable place relative to “Competing products in the minds of target consumer.” In KFC feedback
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take into account what the customer may demand. Given the limited information we had in the game‚ we could not accurately forecast the amount of stock to maintain for the retailer. We decided that the retailer should hold more inventory as the customers’ demand were quite unpredictable so that the retailer would not suffer from too much of a backlog should there be a drastic spike in demand. Conclusion The game simulates a real life supply chain issue‚ known as the bullwhip effect. While the strategy
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T 1. Introduction to National Foods Limited Page 02 2. Company Philosophy Page 02 3. Vision Statement Page 03 4. Business Practices Page 03 5. Situation Analysis Page 04 6. Old Versus New Logo Page 06 7. Marketing Mix Page 06 8. National Foods as Leading Exporter Page 11 9. National Foods in Community Page 12 INTRODUCTION TO NATIONAL FOODS LIMITED Pakistan is known for spice in the world‚ as it has brought several sub continental
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Answer Paper Marketing Management Section A: Objective Type Part one: Multiple choices: 1.It is a concept where goods are produced without taking into consideration the choices or tastes of customers Ans) Production concept 2. It involves individuals who buys products or services for personal use and not for manufacture or resale Ans) Consumer 3. It is the groups of people who interact formally or informally influencing each other’s attitudes& behavior Ans) Reference groups 4
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Summary Marketing Mix Today‚ Apple unveiled its new product‚ the iPad. The much publicized rumour about a tablet created by Apple is now a reality. Tablet pc ’s have been around for a long time‚ but what makes the iPad different from the other market offerings? What strategy does Apple have in place in order to make this a runaway hit like its iPhone and iPod product lines? We ’ll use the marketing mix (4 P ’s) to see how Apple strategized its goal to make the iPad a bestseller. Marketing Mix is
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Executive summary Table of contents Situation analysis Marketing strategy Financial projection Implementation Executive Summary Nestle Bangladesh Limited is a leading Food company with lots of global strategic brands operating in Bangladesh. MAGGI is one of the strategic brands of Nestle Bangladesh Limited. MAGGI is still the number one brand of noodles in Bangladesh. Its market is around 60% and till 2003 MAGGI grew by 30% annually. However in 2004‚ growth virtually stopped and competitor
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BETHANY CURIK CURBD1203 DAYOUNG CHAE CHDAD1103 MINGFENG PAN PANMS1203 XINGXING ZHOU ZHOXD1203 PROGRESSIVE PRESENTATION WEEK 8 The target marketing process is an approach to marketing based on identifying and developing an offering for those segments of the total market that the organisation can best serve (Elliott et al‚ 2012‚ p. 182.) This process can be broken up into 3 sections – Segmentation‚ Targeting and Positioning. IKEA will be introducing a new range of healthy frozen pre-prepared
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