0000005135 00000 n It is important to adjust the schedule and control completing trucks while focusing on avoiding the lost demand. Theinitialcapacityof30equalsto19200over640daysandIintendtoadd10moredrumsofcapacityoperationalin6monthswhichwouldleave(730-180=550daysofproduction). Shipping from Sorange factory to Entworpe warehouse. 0000002294 00000 n Decision: Build a warehouse only in Tyran on day 731. . Retrieved from https://ivypanda.com/essays/supply-chain-game/. Now we had to consider five different markets four our product, each with different demand characteristics, though the final selling price in each market was the same. 3. In addition, it is necessary to address the problem of the lost demand. Themovingaveragetoolfitsperfectlyasitwillreflectseasonalityanddoesntfocusonrandomnessortrends. So we decided to serve Tyran from Entworpe for a short time. ThosetwoextracapacityadditionswouldallowthefirmtokeepupwiththeCalopeia,Sorange,EntworpeandTyrandemandsasisdetailedinannexes4to7. Satisfy demand in Entworpe from Sorange warehouse. Starting, set up WH at all region, a Factory at Sorange and Fardo.5. Plan:- Choose which markets to supply. At It probably Using the same methodology as above we can see that a warehouse is again justified. We stopped serving both Tyran and Entworpe in order to focus on the three markets where we had factories and the highest profit margins. made if both the factory and warehouse are located within the region they serve. RISK ASSESSMENT 4. This will help in boosting efficiency in the issues of supply chains. The key objective of supply chain game is to maximize cash position at the end of the game which is in this case identified as a key aspect in meeting the pursuit for profit. 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. Operating days would remain about 580 since the factory would take about 13 days to build the first order. Scheduled additional capacity in Calopeia of 8 units per day to Thecompleteabsenceofthesecomponentsandtheeffectsoftheiractionstakessomerealismandcomplexityoutofthegame. Below is the recommended strategy in the beginning of the game. Entworpe 5:00 AM when it needed to be done. 53 Emilii Plater Street 00-113 Warsaw Team 1: Abu Bakar Memon, Maira Siddiqui & Zeerak A. Ansari. Demand in Tyran is averaging 19 per day, and is level and non-seasonal. Order priority: Calopeia factory to Calopeia warehouse. In addition to the above, it is also important to calculate the number of days of operation each additional facility will offer. A company should also be steadfast in asking its suppliers to meet the local support team as well as negotiating over the purchase price. Serve the market using excess capacity from Calopeia. Thisexampletestifiesoftheimportanceandunpredictabilityofexteriorfactorsinasupplychainwhichisaconceptthatisnotintegratedinthesupplychaingame. 0000000731 00000 n IvyPanda, 22 Aug. 2019, ivypanda.com/essays/supply-chain-game/. configurations. By adhering to these phenomena, business entities entailed in the practice of supply chain management are able to streamline its operations. While the product sale price does not vary, the cost to bring the product to market does vary by region, Serve the market using excess capacity from Calopeia. Forexample,theexpectedprofitfortheinitial51100capacityis: 27778unitsexpectedtobesoldinCalopeia*211.72profitperunitforlocaltrucktransport+[(51100-27778)amountsoldinotherregions*186.72profitperunitforcontinentaltrucktransport], 27778*211.72+[(51100-27778)*186.72]=10235842. We wanted to be sure that we didn't miss any costs like we did in the first round. Since a warehouse costs only $100,000, the additional profit provided by a warehouse is definitely worthwhile. Order quantity: Calopeia factory to Sorange warehouse. 0000003324 00000 n FortheSorangeregion,Iamtoldthatalthoughthesizeoftheordersarerandom,overalldemandwillgrowlinearlyuntilday1430. Building a warehouse would cost $100,000, and allow us to earn profits of approximately $61.80 per unit. Scheduled additional capacity in Calopeia of 8 units per day to meet expected demand. 22 August. Secondly,thetimeittakestodeliverviatruckis6dayslongerthanviamail:havingextracapacityensuresIcanemploytruckswithoutrunningoutofstock(sinceproductionisfaster). This is a vital and basic process in entering the supply chain games. December 14 2016Some comment: thanks for the post, really helpful.1. Thenextsectionsummarizespart3ofthispaper. 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. Order point: Sorange factory to Entworpe warehouse. As in the first round we begin the game on day 731 with one factory and one warehouse, both located in Calopeia. 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. IvyPanda. Forecasts Misktakes Mailing Timing of increasing production Excess Production We round up and subtract 240 from 1430 to get 1190. 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. Calopeia Air Conditioners Seasonal-stable 39 8. By adhering to these steps, the issue of supply chain management will be perfected thus enhancing success of the company. a factory is operational it will also take some number of days for the first shipments to reach the market. Using the same methodology . depending on the location of both the factory and the warehouse. Production parametersYou have $20,000,000 to design your network. Different from many existing turn-based simulation games, this game simulates a. Copyright 2023 StudeerSnel B.V., Keizersgracht 424, 1016 GC Amsterdam, KVK: 56829787, BTW: NL852321363B01. In addition to capital investments we also adjust the order point in Calopeia up to 5000 to insure that the factory would not be idle. The calculation for a factory is: 19 X 25 X 596 = $283,100 Again a factory would not pay for itself. Forgot to increase capacity by 5 on day 760. In addition, the warehouse will store inventory as low as possible to meet the fluctuate demand and as a part ofLean processes. Factory and Warehouse$211 Factory and Warehouse$211. Thetermisdefinedastheuncertaintycausedbydistortedinformationflowingupanddownthesupplychain. Themostprofitablewaythatmarketcanbeexploitedisthroughlocalproductionandwarehousing. Demand forecasting 2.1. Knowing that additional capacity takes 90 days to build, we can see that we shouldn't add any capacity after day 1100. Forexample,aqualityissue(especiallyinchemicals)couldprovedisastrousnotonlytothesupplychainbuttothewholeorganization. Theformulaforthistoolisasfollows: WhereFt+1=newforecast,Ft=currentforecast,Dt=valuefortimeperiodtand=smoothingconstant0.3. IdesignedthecapacitysetupbelowwhichIwillexplainfurther. 0000005637 00000 n 8 X 25 X 596 = $119, %PDF-1.3 % Now we had to consider five different markets four This PBL- approach has been gradually refined over a period of three years. The Suppy Chain Game Writeup. HadIbeenabletoproduceattheratespecifiedinthetableinpart4,Iamconfidentmylostorderswouldhavebeendramaticallyreduced. 1. The factory has an initial daily capacity of 70 and is currently only serving the Calopeia market. The database is updated daily, so anyone can easily find a relevant essay example. 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. Using the same methodology as above we can see that a warehouse is again justified. Frommonth28to48,theannex2showsaround49430unitsthatIcanexpecttoselloncethefactoryandthewarehouseareoperational. INTRODUCTION 2.1 Business profile 2.2 History 2.3. Manage your resources and invest them carefully. Demand is higher than originally Theaveragedemandforthesefourmonthsis437.5. - Morale system, lower your enemy's morale to weaken their firepower in the war games. model out these two scenarios to try and determine the best way to go. The Game Scenario: Jacobs' distribution network consists of a single factory and a single warehouse, both in Calopeia. 1. Now, having calculated these numbers, we were ready to start making decisions for each region. Teams were tasked with creating an optimal strategy, one that would 'beat' the other teams in the class. Thus, Calopeias manufacturers of air conditioner retrofit kits are interested in buying Jacobs chemicals. To find whether a The concept of supply chain games is an online supply network simulator for demonstrating the actual nature of supply chains. cost is only $25 per unit. Thatlostdemandequalsto3926686inadditionalprofit(2865*211.72+24284*136.72). While increasing the order quantity and focusing on 200, it is possible to produce about 143 batches (28,600/200). 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. withaconstantof0.3toreflecttheconsiderablerandomnessinthesetimeseries. Tyran and Entworpe. worthwhile. certain that the per unit profit justified these costs. It contains thousands of paper examples on a wide variety of topics, all donated by helpful students. 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. Theexpectedpayoffsare: (30*640*211.72)-30*50000-500000-100000=1965024. Similarly, the payoff for a factory in Entworpe would be Thefirstfourmonthsofdemandaresummarizedbelow: Afterreflection,itwasdecidedthataneducatedguesswasperhapsmostappropriateforthisparticularmarket. First,itisusefultobreakdownthecostsassociatedwithmyactivity(basedonabatchof200). 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. Tyran do feel like we made the best choice in not adding additional capacity beyond day 1100. Satisfy demand in Entworpe from Calopeia warehouse. Every group will start the game @TBA. At around day 1415 we shut down most of the factories and were pretty conservative on our estimates of remaining inventory. IdecidedtoadoptatwoperiodmovingaveragetopreservereactivityintheforecastandalsobecausethereisaclearpatternintheCalopeiademandwhichmeansitdoesntrequirethedelayedreactionpropertya3or4movingaverageforecastoffers-thatwouldbemoreadaptedtounstabledemands. The whole issue consists of the setting of production and inventory control parameters, warehouses, factories and transportation choices. When players begin a game of Octopath Traveler 2 and start . Build your base and upgrade it constantly. IvyPanda. This report on Calopeia: Supply Chain Game Write-Up was written and submitted by your fellow A factory takes 90 days to build, and we cannot rely on demand beyond day 1430. wouldn't have paid for itself. In this case, there is a four-step process in which companies should adopt in finding a vendor. 0000003914 00000 n 0000000841 00000 n 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. Therefore the number of days of sales available is roughly 580. As a result, achieving capacity in 45 drums, Jacobs can realize its potential in production and maximize profits. 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. Volume 90%, Reading Guide Graphic Organizer Step 1: When reading a book, it's all about asking the right questions and finding the answers. The potential profit for each scenario is summarized below. Shipping from Calopeia factory to Calopeia warehouse. However,althoughthecontinuousreviewsystemandtheEOQwouldhavecertainlyworkedverywellforFardo,EntworpeandTyran,IthinktheseasonalfactorinCalopeiaandthetrendingdemandinSorangewouldhaveputthosetoolsintodifficulty. Once a factory is operational it will also take some number of days for the first shipments to reach the market. ThecapacityavailablefromtheCalopeiafactorycanalreadysatisfythosedemands(withaprofitmarginof136.72thankstotrucktransportation)andtheirdemandlevelsdonotjustifysuchaninvestment. Finding a vendor in entering the supply chain games is an online supply network simulator for demonstrating actual... Profit for each Scenario is summarized below we decided to serve Tyran from Entworpe for factory..., all donated by helpful students, having calculated these numbers, we ready... Pretty conservative on our estimates of remaining inventory lower your enemy & # ;... Best choice in not adding additional capacity in Calopeia of 8 units per day to meet expected.! 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