First, 50 days of daily average demand was 15.50 and SD was 4.12. Ketaki Gangal. Littlefiled simulation game 1. This proposal, when implemented, can save up to Rs. Littlefield Technologies Simulation: Batch Sizes Analysis Littlefield Simulation 2: Occupylittlefield With our second littlefield simulation complete, we have reinforced many of the concepts and lessons learned in class. The United Nations has served as a platform for discussion about this conflict and has been used as a mediator between the opposing groups as a peaceful resolution to the issues is sought. Littlefield Simulation 2: Occupylittlefield With our second littlefield simulation complete, we have reinforced many of the concepts and lessons learned in class. Any remaining machinery or inventory will be useless after Day 268, and thus have no residual value. In the last simulation we relied much more heavily on our EOQ model and planned out purchases of machinery with the raise in demand. Furthermore, the analysis will be used to provide a basic understanding of how changes in staffing and productivity impact profit and loss., When working as a health care administrator, one must make important financial decisions that can make or break the future of the organization. As we will see later, this was a slight mistake since the interest rate did have a profound impact on our earnings compared to other groups. ev However, observed 100% Utilization at Station #1 with the 17x more queued kits. We knew that we needed to increase capacity and the decision was made to purchase another machine 1., BIC is a product that has been extremely successful, offering items such as a low-cost disposable razor, and pens that add value to the user at an affordable price. However, we observed, that the option-1 due to curved graph and decreasing inventory consumption would have left us with lesser inventory than the current levels. COLLEGE |CARROLL SCHOOL OF MANAGEMENT It appears that you have an ad-blocker running. This button displays the currently selected search type. The case was given one day in advance. ANSWER : Littlefield 1. Our team operated and managed the Littlefield Technologies facility over the span of 1268 simulated days. report, Littlefield Technologies Simulation: Batch Sizes Analysis. 10000 Lt Game 2 Strategy. Good teamwork is the key. 4 pages. Background 217 stuffing testing 100% (5) 100% found this document useful (5 votes) 13K views. Littlefield simulation game is an important learning tool for understanding operations principles in production environments, and therefore it is widely used by many leading business schools. 1.0 Introduction Littlefield Simulation is a game widely used in management courses that replicates a manufacturer's decision making mechanism. Specifically, on day 0, the factory began operations with three stuffers, two testers, and one tuner, and a raw materials inventory of 9600 kits. 9 Moreover, my research reveals that just by reducing 10% of the current workforce and decreasing the wheel loader system from 10 to 9 would allow us to reach above projected savings. tuning We were interested in allocating the money towards marketing as opposed to production. cite it correctly. 89 I was mainly responsible for the inventory management. At the end of this products lifetime, demand Lead Time Management at Littlefield Labs The electronic kits are acquired from the supplier. However, once the initial 50 days data became available, we used forecasting analyses to predict demand and machine capacity. We had significant advantage because we had taken decisions e.g. Here are our learnings. LITTLEFIELD SIMULATION REPORT To be able to give right decision and be successful in the simulation, we tried to understand the rules in a right way and analyzed yearly forecasts to provide necessary products to the customers on time (lead time) for maximizing our profit. Hence, we will increase our capacity levels where demand is forecasted to peak. Revenue Very useful for students who will do the si, 100% found this document useful (4 votes), 100% found this document useful, Mark this document as useful, 0% found this document not useful, Mark this document as not useful, Save Littlefield Simulation Report For Later, Do not sell or share my personal information. Purchasing Supplies Steve was concerned about the potential loss of customers and suggested that Prairie Winds purchase a second pasta production machine for $40 million. PMCs are different from traditional military contractors, which more often than not are referred to as defense contractors. ; What are the lowest percentage mark-up items? 201 Few teams, who took their time to figure out the information, to develop strategies and to make decision during the simulation made their first decisions very late (>100th day). This suggested that FIFO was a better strategy for Station 2, so the team switched the priority back at day 75., Before the simulation started, our team created a trend forecast, using the first 50 days of data, showing us that the bottleneck station was at Station 1. 169 We then determined our best course of action would be to look at our average daily revenue per job (Exhibit 7) and see if we could identify any days when that was less than the maximum of $1,000/job, so we could attempt to investigate what days to check on for other issues. The winning team is the team with the most cash at the end of the game (cash on hand less debt). Littlefield Initial Strategy When the simulation first started we made a couple of adjustments and monitored the performance of the factory for the first few days. Total We also reorder point (kits) and reorder quantity (kits), giving us a value of 49 and 150., 66 | Buy Machine 3 | Both Machine 1 and 3 reached the bottleneck rate as the utilizations at day 62 to day 66 were around 1. The Littlefield Technologies management group hired Team A consulting firm to help analyze and improve the operational efficiency of their Digital Satellite Systems receivers manufacturing facility. Marcio de Godoy As a result, we continued to struggle with overproduction and avoiding stock outs, but made improvements resulting in less drastic inventory swings in the later. Management is concerned about this outcome. Capacity Management at Littlefield Technologies At this point our orders we getting out on time with few exceptions. Your write-up should address the following points: A brief description of what actions you chose and when. Background By doing so we have a Gross profit of $1,125,189, |production increase. Because: Expert Answer 100% (1 rating) True In order to rectify the inventory policy, the EOQ framework was to be utiliz View the full answer This project attempts to model this game using system dynamics approach, which allows realistic representation of the production system of Littlefield . Introduction Once the priority was changed from FIFO to Step 4, the team noticed that both the utilization at Station 2 and the queues began to exhibit high variance from day to day. We had split the roles. Littlefield Simulation Report: Team A Although we had the choice to produce as much as 30,000 units, we felt as though we did not have sufficient money to increase production. Cash Balance 20 Very useful for students who will do the simulation for the first time. Correct writing styles (it is advised to use correct citations) Anteaus Rezba Day 53 Our first decision was to buy a 2nd machine at Station 1. This may have helped us improve our simulation results further. To maintain this strategy, I will keep the costs that go into the products low. Do you feel that the Bearington plant has the right equipment and technology to do the job? Part 1: Reasoning for Decisions $400 profit. We will calculate costs associated with running a production facility. To ensure we are focused and accomplish these set goals, the following guidelines Running head: Capacity Management after what period of time does revenue taper off in Simulation 1. 5 This proved to be the most beneficial contract as, long as we made sure that we had the machines necessary to accommodate the, The first time our revenues dropped at all, we found that the capacity utilization at, station 2 was much higher than at any of the other stations. Anise Tan Qing Ye There were three questions posed in our case study: What are the highest three unit profits? Machine configuration: Whenever revenues reduced, we use to change the scheduling and observe if the revenue problem is resolved. us: [emailprotected]. We had split the roles. Littlefield Simulation Analysis, Littlefield, Initial Strategy - Littlefield Simulation Analysis - Studocu Homework assignment littlefield simulation analysis littlefield initial strategy when the simulation first started we made couple of adjustments and monitored Skip to document Ask an Expert Sign inRegister Sign inRegister Home Ask an ExpertNew We decided to purchase an additional machine for station 1 because it was $10,000 cheaper, utilization was higher here, and this is where all the orders started. match. By rejecting non-essential cookies, Reddit may still use certain cookies to ensure the proper functionality of our platform. However, the difference in choosing between the priorities seemed minimal and is probably only important during times of high demand. Figure This, combined with the fact that queues were not growing in front of either Station 2 or 3, suggested that Station 1 was the bottleneck in the process. Initially we set the lot size to 320, attempting to take advantage of what we had learned from the goal about reducing the lead-time and WIP. 54 | station 1 machine count | 2 | We knew that the initial status quo was limited by the inventory quantity. Our strategy was to keep track of each machines capacity and the order queue. from the word go. In appreciation of your prior recommendations and contributions, Littlefield has once again retained your services on their 50th day of operations. Exhibit 1 : OVERALL TEAM STANDING The company started off producing 20,000 units of mountain bikes. With full utilization, we were unable to produce enough product to meet our order demands, further increasing the queues at each station and increasing our lead times (as shown)., When the simulation began, we quickly determined that there were three primary inputs to focus on: the forecast demand curve (job arrivals,) machine utilization, and queue size prior to each station. Our team operated and managed the Littlefield Technologies facility over the span of 1268 simulated days. 4 | beaters123 | 895,405 | Jaimin Patel Start making decisions early, i.e. 9,033,750 of operational costs per year, without resorting to any radical changes that impact the continuous operations at the plant. 1 Littlefield Labs Simulation Professor: Ioannis (Yannis) Bellos Course: MBA 638 School of Business Information Systems . Accessing your factory 7. We have reinforced many of the concepts and lessons learned in class and had a better understanding of the operation of the Littlefield Technologies facility and how certain modifications would affect the throughput and lead time. However, by that time, we had already lost huge revenues and the damage had been done. Weve updated our privacy policy so that we are compliant with changing global privacy regulations and to provide you with insight into the limited ways in which we use your data. These key areas will be discussed throughout the journal to express my understanding of the experience. It is necessary to manage mistakes made in strategy during the game, which can resolve issues down the road to have a successful business plan. 153 We noticed that around day 31, revenues dipped slightly, despite the fact that the simulation was still nowhere near peak demand, suggesting that something was amiss in our process. Last year our forecast sales were 24,000 when we only sold 19,866; therefore we thought it would be best to leave production at 20,000 bikes. to help you write a unique paper. Operations Policies at Littlefield Revenue We could also see based on the. Going into this game our strategy was to keep track of the utilization for each machine and the customer order queue. 17 After all of our other purchases, utilization capacity and queuing at station. We did intuitive analysis initially and came up the strategy at the beginning of the game. Overall I felt the Littlefield simulation to be an interesting cost leadership exercise with strong focus on the operations management. You may use it as a guide or sample for Between days 60 to 70, utilization again hit 100% at Station 1 for a few days but the team decided to delay purchasing a third machine, as lead times remained below one day. Whenever we observed the delays in lead-time management and results, we used to switch back to contract-2; our safe option not to miss on the customers lead-time promise and hence not to lose the revenues. LinkedIn and 3rd parties use essential and non-essential cookies to provide, secure, analyze and improve our Services, and (except on the iOS app) to show you relevant ads (including professional and job ads) on and off LinkedIn. Uploaded by zilikos. This decision was taken based on a demand of 91 jobs and a utilization of station 1 of 0.83 between days 143 and, This paper will provide an analysis of 2 production scenarios. Forecasting: 20000 Pennsylvania State University Though we are pleased with our final results compared to the rest of the class, we see there is still room for improvement. Group Report 1: Capacity Management The following is an account of our Littlefield Technologies simulation game. After letting our system adjust to the changes, we moved to contract 2 when the lead time was decreased to about 1 day. Interstate Manufacturing is considering either replacing one of its old machines with a new machine or having the old machine overhauled. and All rights reserved. This meant that machine 1 was not able to keep up with the incoming demand and lacked the proper capacity. 2013 Ranking Section Check out my presentation for Reorder. In early January 2006, Littlefield Technologies (LT) opened its first and only factory to produce its newly developed Digital Satellite System (DSS) receivers. In the first trial simulation, we were hesitant to add machines. 15 When the machine-count at station-1 reached seven, we were hesitant to add further machines despite heavy utilization. 6 | mas001 | 472,296 | In September we fire 4 employees and October we fire 2 employees cutting our labor cost, but still reaching our unit demand. pratt10. I agree and I need help. Right now I'm doing social work by purchasing the inventory and then selling it for zero revenue. 233 This was met by opposition from the Arab population in Palestine and, as violence between the groups increased, the British were forced to turn the region over to the United Nations. Graduateway.com is owned and operated by Radioplus Experts Ltd It should not discuss the first round. BIC uses a strategy similar to the Niche Cost Leader Strategy. requirements? On many occasions, we questioned each others assumptions and methods to sharpen the other persons thinking and this improved our decision-making. The goal of the symposium is to investigate how research in system dynamics is contributing to simulation-gaming, and how the more general field of simulation-gaming is influencing work in system dynamics. This lasted us through the whole simulation with only a slight dip in revenue during maximum demand. I then multiplied that by the obvious 60 minutes per hour to determine the output from each machine center each hour. Please refer to the appendix (Exhibit I) for detailed financials., The Elijah Heart Center needs to make changes on cost-cutting, funding options for equipment, and funding options for capital expansion. They include five articles on basic research in learning and teaching principles for system dynamics, three articles on interactive learning, Purpose To account for the unpredictability in demand and the possibility of getting many consecutive high demand days, we stayed with a reorder point greater than our estimate. 121 Enjoy access to millions of ebooks, audiobooks, magazines, and more from Scribd. Our decisions were somewhat limited to our EOQ models completion and our risk adversity. The simulation starts from the day-31, which means 30 days history is available prior to the simulation start. Littlefield once again has contracted with your operations management consulting team to manage their operations for this new product. Supplemental understanding of the topic including revealing main issues described in the particular theme; Background Our revenue per day improved to 200 $/day. A collaborative backcasting game, AudaCITY, developed to build transformative capacity in city administrations while also generating deep contextual knowledge to inform a transformative sustainability science research agenda is presented. We were asking about each others areas and status. While ordering and setting the next reorder points, I kept in mind that the demand is increasing and I should have sufficient safety stock (buffer), so as not to lose revenues due to inventory shortages. This same approach was used until our lead times dropped enough to consistently fulfill contact 3. The results and insights generated by these contributions suggest that the greatest need for future research on system dynamics and its contribution to simulation-gaming is demonstration of improvements in learning and performance. Initially we set the lot size to 3x20, attempting to take advantage of what we had learned from the goal about reducing the. Knowing this, I then take my output per hour and divide it by 16-hour days to find the actual production rate., 1st stage, we knew there will be bottleneck at station 1 and 3 so additional machines must be purchased. UNSCOP recommended two solutions. Leena Alex We realized that without awareness, no matter how many units we make, sales would be inefficient. At our first meeting we analyzed the first given 50 days so that we could get the daily average demand and SD (Standard Deviation). We wanted machine 3 to never be idle and thus, kept the priority at 2. View Assessment - Littlefield_1_(1).pptx from MS&E 268 at Stanford University. Specifically we were looking for upward trends in job arrivals and queue sizes along with utilizations consistently hitting 100%. 0 6 comments Best Add a Comment camcamtheram 2 yr. ago However, the majority of business. Littlefield Laboratories has opened a new blood testing lab. But we did not know if it was the reason for the full utilization of the machinery. We've updated our privacy policy. Demand The five options for cost cutting are reducing agency staff, downsizing staff, reducing benefits, changing the skill mix, and reducing length of stay for the patients. Furthermore, implementation of these changes would not affect in any of the daily operations schedules. 265 Ending Cash Balance: $1,915,226 (6th Place) Littlefield Simulation Analysis Littlefield Initial Strategy When the simulation first started we made a couple of adjustments and monitored the performance of the factory for the first few days. Closer to Day 50, shop floor space constraints are limiting the number of jobs being accepted into the factory. Reddit and its partners use cookies and similar technologies to provide you with a better experience. Analysis of the First 50 Days You can read the details below. The simulation ends on day-309. By doing so, the labor costs are significantly reduced and the unit demand will be covered. Littlefield Technologies and Littlefield Laboratories Littlefield is an online competitive simulation of a queueing network with an inventory point. 10 Our strategy was to get lead times down below .5 days and offer customers that lead time to maximize revenue. This meant that machine 1 was not able to keep up with the incoming demand and lacked the proper capacity. . Base on the average time taken to process 1 batch of job arrivals, we were able to figure out how Thundercats After viewing the queues and the capacity utilization at each station and finding all, measures to be relatively low, we decided that we could easily move to contract 3, Except for one night early on in the simulation where we reduced it to contract 2, because we wouldnt be able to monitor the factory for demand spikes, we operated, on contract 3 almost the entire time. DAYS Therefore, we took aproactive approach to buying machines and purchased a machine whenever utilization rates rose dangerously high or caused long queues. The company had excess space in the existing facility that could be used for the new machinery. In this simulation we decided to take the message of The Goal and apply it as fast as we could. Do a proactive capacity management: Job scheduling. Preplan should include your strategy for the game and the analysis your group did to arrive at that strategy. Management requires a 10% rate of return on its investments. We applied this innovative concept to complement the theoretical sessions, A growing body of research indicates that effective science-policy interactions demand novel approaches, especially in policy domains with long time horizons like climate change. Littlefield Simulation The focus of the investigation, the findings of which are presented in this essay, was on the implications for the governance of global politics of the growing role of private military companies (PMCs). Reflecting on the simulation exercise, we have made both correct and incorrect decisions. BLUEs: To say that we had fully understood which scheduling to choose and when, will be wrong. As expected, the contracts with lesser lead-times fetch the company higher revenues per day. This decision was taken based on a demand of 91 jobs and a utilization of station 1 of 0.83 between days 143 and, After the initial observations of demand for littlefield labs (day 52), one of the first steps we took was to identify the bottleneck in the production chain. Clipping is a handy way to collect important slides you want to go back to later. In my opinion, I can purchase more machines in stations 1,, 2. The second Littlefield simulation game focused on lead time and inventory management in an environment with a changing demand (but the long-run average demand will not change over the products 268-day lifetime). PMC personnel may be directly involved in combatant roles when the contract provides for the delivery of security services. For the purpose of this report, we have divided the simulation into seven stages after day 50, explicating the major areas of strategically significant decisions that were made and their resulting first increased our inventory reorder point to 10,800 units and changed the order quantity amount to 1800 units. Current State of the System and Your Assignment 5. In addition, we will research and tour Darigold Inc. to evaluate their operations, providing analysis and recommended changes where we deem applicable. You can update your choices at any time in your settings. . Instant access to millions of ebooks, audiobooks, magazines, podcasts and more. In complex simulation-based learning environments, participants learning and performance may suffer due to demands on their cognitive processing, their struggle to develop adequate mental models, Background. Course Hero is not sponsored or endorsed by any college or university. We had a better understanding of the operation of the littlefield facility and how certain modifications would affect the throughput and lead time. Station 2 never required another machine throughout the, simulation. The goal of the symposium is to investigate how research in system dynamics is contributing to simulation-gaming, and how the more general field of simulation-gaming is influencing work in system dynamics.
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