Preview

Simulation Game

Satisfactory Essays
Open Document
Open Document
423 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Simulation Game
Walmart Group Supply Chain Game Conclusion

This time, the game was more complicated. We need to plan and control production capacity, shipment method and further distribution to different areas. Our performance was not as good as last time. The distribution network of the company consists of a single factory and a single warehouse, both in Calopeia. We can build extra factories and warehouses in other places.

Actually at first, our goal was increasing the manufacturing capability and warehousing capability, meanwhile, reducing the cost and turnover rate. We didn’t know that we can build new factories and warehouses in other locations. The moment we realized it, it was too late to build new factories and warehouses. If we continued to build new factories or warehouses, our manufacturing cost will increase dramatically. The remaining days on the second game is hard to recovering the constructing costs and hard to get enough profit before the game was finished. for the new factories or warehouses. So we decided not to take any action on construction.

First of all, we changed the order quantity to 2000 based on the observation of the figure on demand. The result of the action is decreased our revenue dramatically at one time. The next we began to discuss what’s wrong with our order quantity setting number. After the arguing, we decided to change the order quantity and keep adjusting the number of the order quantity. We keep tracking the revenue earned after we changed the order quantity. Actually, the final number of the order quantity is about even to 2000. We think the problem we get at first is the manufacturing costs dramatically increase at the beginning of the action which directly cause the revenue dropped rapidly. In conclusion, our performance was not as good as last time. We were so careful that we didn’t build up new factories or warehouses in other places, which limited our whole capability. The conservation strategy made us

You May Also Find These Documents Helpful

  • Satisfactory Essays

    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.…

    • 268 Words
    • 2 Pages
    Satisfactory Essays
  • Better Essays

    Simulation Lab

    • 1191 Words
    • 5 Pages

    The objective of this lab was to understand how to use the Working Model 2D software and to apply this knowledge to create a vibration absorber. Part 1 was to open up a demo file and analyze the force vs. time of the piston. Part 2 was to create a vibration absorber. The reason for creating the vibration absorber was to limit the motion of a punch press. This press causes unwanted vibrations that affect nearby equipment during operation. The vibration of this press was to be dissipated using a mass and spring sized appropriately for the size of the press and its motion.…

    • 1191 Words
    • 5 Pages
    Better Essays
  • Better Essays

    As we can see it in the documentation, the reduction of the number of employees (which had surely helped to increase profits) and the implantation of a new factory in the Czech Republic have probably been decided in that perspective.…

    • 1302 Words
    • 6 Pages
    Better Essays
  • Powerful Essays

    Walmart grew in large part by leveraging information systems to an extent never before seen in the retail industry. Technology tightly coordinates the Walmart value chain from tip to tail, while these systems also deliver a mineable data asset that is unmatched in U.S. retail. Tight inventory management is legendary at Walmart through its just-in-time techniques that allow the firm to boast one of the best supply chains in the world. Walmart has not only transformed its own supply chain, but also influenced how vendors throughout the world operate because the company has the economic clout to request changes from its vendor partners and to receive them.…

    • 3997 Words
    • 15 Pages
    Powerful Essays
  • Satisfactory Essays

    Simulation Game Report

    • 299 Words
    • 2 Pages

    We, as co-managers of Club z Inc., used differentiation strategy which “seeks to provide products or services that offer benefits that are different from those of competitors and that are widely valued by buyers”(Johnson, Scholes and Whittington, p.229, 2008) in order to meet the shareholders/investor’s expectations which were:…

    • 299 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    Exploratory Simulation

    • 145 Words
    • 1 Page

    This study provided some evidence that an exploratory (constructivist) simulation experience could be more effective in altering learners' misconceptions than a confirmatory simulation experience. Some evidence was obtained consistent with the view that providing learners with overly detailed procedural instructions to solve problems in a simulated environment could be deleterious to conceptual change. Additionally, the results of this study suggest that the epistemological beliefs of learners interact with the type of learning environment in determining achievement. Students with greater epistemological sophistication did better in the exploratory simulation environment while students with less sophisticated beliefs about knowledge and learning…

    • 145 Words
    • 1 Page
    Good Essays
  • Satisfactory Essays

    Wal-Marts distribution system is the most advanced in the world. For most products they use the pull system, which simply means that inventory is not moved until a customer buys something and then the system orders a replacement for that item. 85% of the items are picked up at the suppliers warehouse by a Wal-Mart truck and brought to the distribution center. A small amount of products are brought to the store, I think by P&G. Wal-Mart uses cross docking a system they perfected to unload a truck on on end of the distribution center and unpack it’s contents if needed and send them on conveyer-belts to trucks on the other end of the distribution center to be loaded and cent to the stores, (considered customers). Most products are out of the distribution centers in less then a day, and on the shelves with in 24 hours. Trucks arrive at the stores to be unloaded at 12am 2am and 4am. Wal-Marts transportation cost account for 3% of there cost verses 5% for there competitors. They use barcodes and scanners to keep track of goods and find out what it is, were it is going, and how long it has been there. Some items are moved by pallet and others are in reusable boxes. Each distribution center has a place to shower, eat and sleep for the drivers. But only the Wal-Mart drivers.…

    • 562 Words
    • 3 Pages
    Satisfactory Essays
  • Good Essays

    Distribution is one of the most important activities of Wal-Mart. The company decided to build his own warehouses in order to buy in volume at attractive prices. Wal-Mart’s distribution centres are huge(One million square feet in size), highly automated, near to stores and operate 24 hours a day. Goods are delivered to stores usually within 48 hours of being ordered. The percentage of merchandise flowing through distribution centres are higher for Wal-Mart (compared to competitors). These features permit high efficiency (Wal-Mart inventory turns is 7.6 compared to 5.4 of Kmart and 6.1 of Target. Wal-Mart inventory cost accounts in 2003 only for 2- 3% of revenues compared to 4-5% of other retailers) The Scan’n pay system reduces the risks of unsold items for Wal-Mart and it’s an indication of its huge bargaining power . Innovation has always played a central role in Wal-Mart distribution system. The introduction of “cross-docking system” and RFID technology (which should increase the efficiency in the distribution system and reduce pilferage) are examples.…

    • 1007 Words
    • 5 Pages
    Good Essays
  • Powerful Essays

    Wal-Mart Strategic Audit

    • 1800 Words
    • 8 Pages

    Offering products at everyday low prices is one of Wal-Mart’s many strategies. The company value chain helps identify activities associated with how Wal-Mart achieves their many strategies. First, Wal-Mart’s supply chain management is extremely cost effective. For example, Wal-Mart has been known to imitate competition’s successful merchandising concepts. Another cost-effective method in Wal-Mart’s supply chain management is their ability to track the movement of products through the entire value chain. Whether the product is in shipment, in distribution center inventory, in-store inventory or on the shelf, or at the cash register, Wal-Mart can track it in real time. Their capability in streamlining supplies among stores and suppliers has helped them maintain appropriate inventory and track what sells and what doesn’t.…

    • 1800 Words
    • 8 Pages
    Powerful Essays
  • Satisfactory Essays

    Simulation In Education

    • 234 Words
    • 1 Page

    Simulation software is a technique for practice which allow the model of a real-world process, such as experiment without actually performed that in real world.…

    • 234 Words
    • 1 Page
    Satisfactory Essays
  • Powerful Essays

    Wal-Mart's Supply Chain

    • 2000 Words
    • 8 Pages

    Wal-Mart is one the largest retailing companies in the world. Due to its proficient supply chain management practices, Wal-Mart has been recognized by analysts for its ability to achieve leadership-status. Its supply chain management is backed by the need to meet the demands of customers while reducing costs. The company 's success is its ability "to offer a vast range of products at the lowest costs in the shortest possible time. It was all made possible due to Wal-Mart 's highly automated distribution centers, which significantly reduced shipping cost and time, and its computerized inventory system, which speeded up the checking out time and recording of transactions (ICFAI 2004)."…

    • 2000 Words
    • 8 Pages
    Powerful Essays
  • Better Essays

    Business Simulation Game

    • 2063 Words
    • 6 Pages

    Porter, E., 1997. What is Strategy? Harvard Business Review Nov-Dec2008. Available at: http://www.nickols.us/strategy_definitions.pdf [Accessed 13 April 2014]…

    • 2063 Words
    • 6 Pages
    Better Essays
  • Good Essays

    Simulation Assignment

    • 866 Words
    • 4 Pages

    In phase 2, I chose to set up a CCU and to deliver the new obstetrics care service, option C. I chose the CCU…

    • 866 Words
    • 4 Pages
    Good Essays
  • Good Essays

    Walmart had 40 distribution centres in 1998 , and due to its own distribution centre it was able to maintain a consistent and steady supply .Walmart used Bar-code technology and handheld computer system .Every employee had real time imformation of the inventory levels .…

    • 791 Words
    • 3 Pages
    Good Essays
  • Good Essays

    simulation

    • 541 Words
    • 7 Pages

    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.…

    • 541 Words
    • 7 Pages
    Good Essays

Related Topics