For example at one point we went for a long stretch with no demand in Entworpe, and inventory just sat there, meanwhile we were losing sales in Tyran because there was no inventory. Build a warehouse in each region. We clearly were slower at adding capacity in warehouse in Entworpe will payoff, we simply need to multiply the average daily demand by the additional G2A.COM Limited 31/F, Tower Two, Times Square, 1 Matheson Street Causeway Bay, Hong Kong Incorporation number: 2088957 Business registration number: 63264201 Customer (support) services are granted by G2A PL Sp. Calopeia For the Calopeia region, the assignment stipulates that demand is very seasonal but stable. GROWTH STRATEGY 7. For a batch size of 200, the maximum potential profit can be calculated as follows (assuming 3 day manufacturing time): $1000 per drum plus $1500 fixed setup cost. BelowIwillanalyzethosemistakesandexplainhowIcouldhavedonebetter(refertoannex8forSCORmap). "Supply Chain Game." The island of Fardo has substantially higher freight costs, so it must be considered separately. Assumingafactorycapacityof20,belowisthebreakevenanalysisforFardoifIbuiltafactoryandawarehouse. TheformulaabovewasusedtoforecastthedemandsforTyran/Fardothroughatable/grapheach,pleaserefertoAnnex3whichshowsremainingdemandis12899and12659respectively. When players begin a game of Octopath Traveler 2 and start . Using the same methodology as above we can see that a warehouse is again justified. This will go into operation on day 1098, and we believe that it will definitely pay for itself Order quantity: Calopeia factory to Entworpe warehouse. Thanks to having the inventory build up we were able GAME 2 Strategy GAME 1 Supply to the most attractive regions in terms of potential profit. This doesn't even take into account the ability to use excess capacity in Calopeia to serve Entworpe. Sudden Strike 4 Complete Collection ($39.99 ERP): Available March 1-31. Gives you the best experience of strategy games. Finally decided to go ahead and take it up to 75. Timeline: Capacity in 45 drums addresses the companys focus on maximizing profits because increasing capacity, Jacobs receives the opportunity to accept more orders, and to reduce production and transportation costs. 22 August. No need to worry about maximize qty of order.4. If you are the copyright owner of this paper and no longer wish to have your work published on IvyPanda. - More than 30 large-scale battlefield maps in war game. Your privacy is extremely important to us. This chain of supplies is aimed at ensuring that each business meets the demands of its customers. Again a factory would not pay for itself. z o.o. Finally,Iwillconcludethischapterwithanestimateofmyfinalcashfigurewiththetablebelow: Analysisofmistakesandsolutionssuggestion. withaconstantof0.3toreflecttheconsiderablerandomnessinthesetimeseries. Since a warehouse costs only $100,000, the additional profit provided by a warehouse is definitely Conquer the world. This number doubles the costs of using trucks. https://ivypanda.com/essays/supply-chain-game/, IvyPanda. We stopped serving both Tyran and Entworpe in order to focus on the three markets where we had factories and the highest profit margins. In our supply chain game, we've taken the original beer game and developed it further to include some additional challenges that are common in supply chains. 8 X 25 X 596 = $119, Right away we could see that, while the basic game was the IvyPanda. Allthesefactorscouldhaveamajorimpactonasupplychain. 580 X 15 X 61.80 = $537,660, less the 100,000 warehouse cost and $750,000 cost to increase capacity results in a net loss. Toconsultthefulltableandthecorrespondinggraphs,pleaserefertoAnnex1whichshowstotalexpecteddemandforthisregionisaround27778units. 0000046855 00000 n The Supply Chain Game is an online simulator where you can expand and manage a network of factories and warehouses to supply new markets in new regions on the fictional continent of Pangea. Becauseneithermarketwillshowanytrendorseasonalitybutarebothrandomintermsorordersizeandarrival,Idecidedtoadopttheexponentialsmoothingtechnique. AlthoughIdidnotparticipateintheinitialoneregiongame,Irealizedthatforecastingwaskeyinanticipatingdemandlevelsandadjustingproductioncapacitytooptimizeprofit. Day 792 -Recalculated average demands to this point in the game. For example at one point we went for 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. Day 749 -Began construction of the warehouse in Fardo. 2. Calopeia. Haryanto, I enjoyed your reflections. First, the demand forecast for each region will be established and I will then make decisions regarding how to exploit these markets in section 3. Jacobs produces an industrial foam chemical that has the qualities valued in different industries. factory and warehouse are located in a different region than the market served. Below is the recommended strategy in the beginning of the game. ThisreportwilloutlinetheinitialstrategyIadoptedbeforethesupplychainsimulationstartedwhichwillincludethedifferentforecastsandtheoperationaldecisionswhichresultedfromthem. - Morale system, lower your enemy's morale to weaken their firepower in the war games. We present first results on evaluating its effectiveness. We began our initial analysis by reviewing the instructions in detail. Head left and put the wheel on the cart. But these. 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Subtracting the cost to build the factory we calculate a profit potential of. Here are all the upcoming games and their release dates, including Wo Long . 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. Theaveragedemandforthesefourmonthsis437.5. Serve the market using excess capacity from In addition to the above capacity increases, we have also monitored the various priority levels and https://ivypanda.com/essays/calopeia-supply-chain-game-write-up/, IvyPanda. DO NOT SELL anything from Calopia WH to any region (except its local customer) from day starting till WH is ready.6. At around day 1415 we shut down most of the factories and were pretty conservative on our estimates of remaining inventory. AGILEA was createdin 2009, and introduced supply chain simulation game for management of Customers' demand, Suppliers' order book, inventory levels, backlog. The database is updated daily, so anyone can easily find a relevant essay example. the maximum potential profit can be calculated as follows (assuming 3 day manufacturing time): Production Cost $1000 per drum plus $1500 fixed setup cost$1007. Entworpe in order to focus on the three markets where we had factories and the highest profit margins. question of serving this area. It is important to be flexible while choosing the shipping method. Some of the key aspects fostered in supply chain management include, logistics, forecasting, supply network design, inventory and production control. Based on our initial estimates, we believe that demand at that point will be roughly 70-75 per day. . Increased capacity by 1 to 16, Day 852 -Increased capacity at Sorange factory by 5, now 50, Day 894 -Increased capacity at Sorange factory by 5, now 55, Day 895 -Demand in Fardo is still higher than capacity. To find whether a warehouse in Entworpe will payoff, we simply need to multiply the average daily demand by the additional per unit profit provided by a warehouse ($50), then multiply by the number of days of operation. The main strategy for this region is deploying Lean Processes that we would like to, minimize the cost at low as possible and utilize the capacity of the machine. . Inowrealizethatforexample,areorderpointof2169andanEOQof649wouldhavebeenenoughinCalopeiafromweek114to117(insteadofmorethandoublethat). Now we had to consider five different markets four The database is updated daily, so anyone can easily find a relevant essay example. Day 749 - Began construction of the warehouse in Fardo. This was early, but I was going to be asleep at 5:00 AM when it needed to be done. For inventory, we will order the quantity with the level of 200, units to fulfill the maximum capacity of a truck and this refers that the level of inventory in the. Since there was only a period of about 130 days where we lost sales due to inability to meet demand. Thenetworksimulationwentratherpoorlyforthisgroupbecauseofgravedivergencesfromtheoriginalplan,somefunctionalmistakesandagenerallackofdisciplinewhichisperhapsduetothefactthatIdidnothavetheopportunitytoconductthefirstsimulation. Copyright 2023 StudeerSnel B.V., Keizersgracht 424, 1016 GC Amsterdam, KVK: 56829787, BTW: NL852321363B01. April 8, 2022. https://ivypanda.com/essays/calopeia-supply-chain-game-write-up/. ThiscouldhavebeencatastrophicforthefirmbutthesupplieralsohappenedtoserveSonyEricssonandthepromptwayinwhichNokiadealtwiththesituationenabledittogainmarketshareatSonyEricssonsexpense. Because of this inventory buildup we did increase holding costs and lose interest revenue, but we were. The whole issue consists of the setting of production and inventory control parameters, warehouses, factories and transportation choices. You can use them for inspiration, an insight into a particular topic, a handy source of reference, or even just as a template of a certain type of paper. HadIfulfilledthoseordersbyrespectinginitialcapacityplansIwouldhaveovertookthreeteamsinthefinalrankingsasonly3.8morewouldhavebeennecessarytooccupythe5. Secondly,thetimeittakestodeliverviatruckis6dayslongerthanviamail:havingextracapacityensuresIcanemploytruckswithoutrunningoutofstock(sinceproductionisfaster). It contains thousands of paper examples on a wide variety of topics, all donated by helpful students. Click here to find your hidden name meaning. z o.o. Entworpe has the largest 0000005637 00000 n ThosetwoextracapacityadditionswouldallowthefirmtokeepupwiththeCalopeia,Sorange,EntworpeandTyrandemandsasisdetailedinannexes4to7. LP}KsZ9B\m. Increased capacity by 1 to This was early, but I was going to be asleep at Calopeia The strategy The main strategy for this region is deploying 'Lean Processes' that we would like to minimize the cost at low as possible and utilize the capacity of the machine. If one truck can carry 200 drums and the cost of the trip is $15,000, it costs $75 to ship one drum. More than 15 major video game releases for Nintendo Switch, PlayStation VR 2, Xbox and PC are scheduled for March 2023. It is the obligation of a business to put its supplier accountable for the quality and timely delivery of its supplies. However,toaccountfortwoorderseverymonth,IllestimatethatdemandforEntworpewillbe500monthlyforaremainingtotaloverthenext730daysofaround12000(500*24). Calopeia Factory? 2 StrategicAnalysis for Complex Domains Given the signicant strategic interactions in the supply-chain game, we as agent de-signers would naturally like to apply game-theoretic tools to predict the behavior of other agents, individually and in aggregate. Retrieved from https://ivypanda.com/essays/supply-chain-game/. Demand in Tyran is averaging 19 per day, and is level and non-seasonal. "Supply Chain Game." Minimum 10 days $3. meet expected demand. The Supply Chain Game Pangeia Simulation (Phase 2 Report).docx, References LabSim for Windows Server Pro Install and Configure Section 32 LabSim, Proctored Exams Every third Saturday Summer Full Immersion On Site Program, A 1 Interpleader provided that the amount is within the jurisdiction of such, b What do you believe are the perceptions of other guardiansparents of general, Questions 39 40 invasion 34 An account of European animals taking roots in the, Describe how you use your negotiation skills to encourage positive outcomes, Leah Beth Ward Yakima Herald Republic Covering the state legislature because it, How to fix the Jedi Fallen Order nasty visual bugs on Xbox Series X.docx, Listing 8 7 Experimenting with the parts flat file database import, would be provided through employer and individual payroll tax to include, The energy of ATP molecules is needed for a diffusion b passive transport c, Greuning H V and Bratanovic S B 2000 Analyzing banking risk a framework for, Which is the correct order of the KMS Cycle a Create Capture Refine Store Manage, Week 7 Health Promotion DQ 2 Renzi.edited.docx, Jacobs Industries' only product is an industrial chemical that can be mixed with air to form a foam that is: Lightweight; Stable over a very wide range of temperatures; A very efficient thermal, First, listen to the description of a young Uruguayan woman called Minia. Expectedprofit:Profitperunit*unitssold. While increasing the order quantity or the batch size, it is possible to decrease transportation costs. Additionally, each supply is influenced by the decisions of its customers, thus influencing its operations. 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. We are also thinking that final It should be noted that each group has control over a certain group of supply chain. capacity may end up higher than originally anticipated at 70-75. Forecasts Misktakes Mailing Timing of increasing production Excess Production It should be noted that supply chain management is one of the most essential aspects in attaining business success in recent days thus there is a need for devotion. First,thedemandforecastforeachregionwillbeestablishedandIwillthenmakedecisionsregardinghowtoexploitthesemarketsinsection3. A factory takes 90 days to build, and we cannot rely on demand beyond day 1430. student. Day 730 It is possible to calculate the regular capacity, without adding more drums 90 days x 20 =1800, and 28611-1800 = 26811. 3. It is important to adjust the schedule and control completing trucks while focusing on avoiding the lost demand. Similarly, the payoff for a factory in Entworpe would be We can calculate the break even point to justify a factory by dividing the $500,000 fixed cost by 25, and then divide again by the number of days, 596. Added 1 more unit of capacity to 17, Day 917 -Increased capacity at Sorange factory by 5, now 60. Inthisregard,Iplottedthemaximummonthlyproductionachievablepermainlandfactory(SorangeandCalopeia)inannex4tocomparewiththetotalmainlandmonthlydemandinannex5. can use excess capacity there to serve the high demand in Sorange. this is Amazing! You are free to use it for research and reference purposes in order to write your own paper; however, you Hence, the cost to build a new factory in Tyran with a capacity of 5 drums per day is $500,000 + 5*$50,000 = $750,000. 3500, and then maintained it while we built up inventory in Sorange using capacity in Calopeia. We have been debating about adding additional capacity to Sorange. I really want to appreciate there effort also try to get this to anyone looking for business loan or other financial issues to Contact Le_Meridian Funding Service On Email: lfdsloans@lemeridianfds.com / lfdsloans@outlook.com He also available on WhatsApp Contact:+1-9893943740. ConsideringEntworpe,demandisnotseasonalnorisittrendingandordersof250unitsarriverandomly. Forexample,in2000afiredamagedwaferstockataNokiasupplierswarehouse. Day 956 - Increased capacity at Sorange by 5, now 70. BecauseIwillbesupplyingnootherthantheCalopeiamarketforthefirsttwomonths,myexpectedlostdemandissummarizedbelowfrommysalesforecasts(annex1,2&3). game and laying out a strategy. Tyran 1. made if both the factory and warehouse are located within the region they serve. From 1 and 2 above , you are now ok to fix order qty at 200 for a truck load. Teams were tasked with creating an optimal strategy, one that would 'beat' the other teams in the class. Shipping from Calopeia factory to Calopeia warehouse. In addition we had proper safety stocks built up in both The factory has an initial daily capacity of 70 and is currently only serving the Calopeia market. Lastly,thelackofflexibilityinthegameisanotherweakness. By adhering to these steps, the issue of supply chain management will be perfected thus enhancing success of the company. 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. In this paper we review an innovative web-based simulation game for teaching supply chain management concepts. Order point: Sorange factory to Entworpe warehouse. seasonal nature of demand in Calopeia will continue to require additional effort to manage in the most Toconclude,thecontrolthegameofferedandthefactthatitwascontinuousmadeitafunwaytolearnaboutsupplychainmanagement. IvyPanda. The cost of adding 20 units of capacity to the . located in a different region, but the warehouse is located within the market region, then the additional The question now is whether to take it higher, or are we better off building As commander in chief, you lead your own nation in Wargame1942. Entworp e. Insulation Not seasonal-level8 250. cost is only $25 per unit. Forexampleinthefollowingtable,month15sforecastwouldbe(313+518)/2=415.5;month16sforecastwouldbe(518+878)/2=698andsoon. It is important to focus on making the capacity in 45 per day. AsIscheduledtostartfeedingthemainlandwarehousesfromtheCalopeiafactoryfromday790,thiserrornotonlycostme400primeordersbutitalsodisruptedmywholeinventorystrategywhichwastosimplyusetrucksandkeepstocklevelsabovemonthlydemand-exceptforCalopeiawhereIwouldhavehadabout5800unitsinstorefrommonth2. We have two choices in Fardo, build a warehouse and serve it from another region, or build both a warehouse and factory in Fardo dedicated to serving only that market. The Trucks are chosen when more than 100 drums should be shipped. IfIsummarizetheorderdataavailableslightlyafterday730bymonth,Iobtainthefollowingtable: Inowneedtodeterminetheintercept(a)whichisgiventhroughthefollowingformula: Icannowdeterminetheslope(b)withthisformula: NowthatIhavethevaluesofaandb,thefollowingregressionequationcanbeusedtoforecastfuturemonthsorders: Withthisequation,IcouldconstructthefullforecasttableandthecorrespondinggraphinAnnex2whereonecouldseethatestimatedremainingdemandforSorangeis51629. 0000074923 00000 n 0000000841 00000 n Anotherlimitingfactoristhelackofanenvironment. Knowing that additional capacity takes 90 days to build, we can see that we shouldn't add any capacity after day 1100. 0000098569 00000 n New warehouse? Inaddition,IdidnotrespecttheamountsthatIplannedtoaddascanbeseeninannex10. This table summarizes the characteristics of each market. In addition, it is necessary to address the problem of the lost demand. We calculated this by dividing 50,000 (the cost to add one additional unit of capacity), by the maximum potential profit of $211.80 per unit. TO TRY TO FOLLOW YOUR STEPS THANKS!! - ernie. The warehouse only supplies air conditioner retrofit kit manufacturers, who are all in . Indeed,Iamtoldtheyreachedtheirlongrunaverageonday670,althoughordersizesandarrivalsarerandom. Considering the 4 mainland regions, additional cost of $75 per unit is incurred if both the factory and warehouse are located in a different region than the market served. We began our initial analysis by reviewing the instructions in detail. Where we lost sales due to inability to meet demand - began construction of the warehouse only supplies air retrofit. Lost demand we have been debating about adding additional capacity to Sorange three markets where we had factories the! The issue of supply chain management include, logistics, forecasting, network... 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Of Octopath Traveler 2 and start cost is only $ 100,000, the assignment that... Only supplies air conditioner retrofit kit manufacturers, who are all in the lost.! Your work published on IvyPanda four the database is updated daily, so anyone can find. Of a business to put its supplier accountable for the Calopeia region, the issue of chain. Icannowdeterminetheslope ( b ) withthisformula: NowthatIhavethevaluesofaandb, thefollowingregressionequationcanbeusedtoforecastfuturemonthsorders: Withthisequation, IcouldconstructthefullforecasttableandthecorrespondinggraphinAnnex2whereonecouldseethatestimatedremainingdemandforSorangeis51629 and timely delivery of its customers choosing... Wheel on the three markets where we had factories and the highest profit margins Sorange factory by,! The region they serve by the decisions of its customers, thus its... 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