Itleadmetorunoutofstockonday762until785. If one truck can carry 200 drums and the cost of the trip is $15,000, it costs $75 to ship one drum. Serve the market using excess capacity from Calopeia. Students were highly motivated to 'win' (end up with the . Pick up the wheel and head back out. Production Capacity Increase production capacity from 70 to 80 since including other countries only add about 15% more demand and there is small loss demand in Calopeia with current capacity. Retrieved from https://ivypanda.com/essays/supply-chain-game/. However,althoughthecontinuousreviewsystemandtheEOQwouldhavecertainlyworkedverywellforFardo,EntworpeandTyran,IthinktheseasonalfactorinCalopeiaandthetrendingdemandinSorangewouldhaveputthosetoolsintodifficulty. So we decided to serve Tyran from Entworpe for a short time. However,thesaiddemandincreasedbecauseofthepromotionandwhenitendsmostorganizationsbuttheretailerwillbeleftwithexcessinventoryleadingtohighercosts/productobsolescence. While increasing the order quantity and focusing on 200, it is possible to produce about 143 batches (28,600/200). From our experience at the end of round one we did not want to end up with extra This table summarizes the characteristics of each market. Therefore stockouts here can be costly. Now we had to consider five different markets four Because of this inventory buildup we did increase holding costs and lose interest revenue, but we were. The cost of building a factory is $500,000 regardless of the factory capacity. Play Cups - Water Sort Puzzle and Many More Right Now! Order quantity: Sorange factory to Entworpe warehouse. Also want to be sure that question of serving this area. we will save the cost of $75 per drum thru using a truck. 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. Fardo Airplanes Not seasonal-level15 8. ensure the integrity of our platform while keeping your private information safe. "Calopeia: Supply Chain Game Write-Up." If you are the copyright owner of this paper and no longer wish to have your work published on IvyPanda. Demand in Tyran is averaging 19 per day, and is level and non-seasonal. GAME 2 Strategy GAME 1 Supply to the most attractive regions in terms of potential profit. do feel like we made the best choice in not adding additional capacity beyond day 1100. 0000005637 00000 n Frommonth28to48,theannex2showsaround49430unitsthatIcanexpecttoselloncethefactoryandthewarehouseareoperational. The game will also run continuously from day 730 to day 1460 over 3 real days. approximately 14 days for the first product to reach market. Increased capacity by 1 to We know that late in the game when demand in Calopeia drops, we Calopeia 8 X 50 X 630 = $252, Satisfy demand in Sorange from Calopeia warehouse. 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. Expanding the capacity by 20 drums produced per day, the company faces capacity costs in $1,000,000, and 90 days are necessary to complete a capacity expansion. worthwhile. 2. The second question to be answered for Sornage is when to stop adding capacity. Iwillnotselltoanyotherregionbutthisoneuntilthenewwarehousesareoperationalbecausetheprofitmarginwouldbetoolow(86.72)-theoriginalstockhasbeentransportedviamail. 1. Thetermisdefinedastheuncertaintycausedbydistortedinformationflowingupanddownthesupplychain. z o.o. 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. Head left and put the wheel on the cart. Allthesefactorscouldhaveamajorimpactonasupplychain. Assumingafactorycapacityof20,belowisthebreakevenanalysisforFardoifIbuiltafactoryandawarehouse. In addition, the, warehouse will store inventory as low as possible to meet the fluctuate demand and as a part of, Lean processes. Thetablemakesitobviousthathavingawarehouseinanyregiongreatlyincreasesthepotentialprofit. Do you know your hidden name meaning ? First,thedemandforecastforeachregionwillbeestablishedandIwillthenmakedecisionsregardinghowtoexploitthesemarketsinsection3. The next step is the increase of the batch size to 400 items to maximize production and transportation savings. Plan:- Choose which markets to supply. pedroloanss@gmail.com . Basically, supply chain management entails the identification of potential suppliers or business partners who will be in a position to supply the business with products, services or raw materials for enhancing production and distribution of goods. AfactoryinvestmentinTyranorEntworpeisnotwarranted. We will write a custom Report on Calopeia: Supply Chain Game Write-Up specifically for you for only $11.00 $9.35/page. 0000074923 00000 n 700 total days, less 90 days for construction, By adhering to these steps, the issue of supply chain management will be perfected thus enhancing success of the company. facility will offer. Because a warehouse takes only 60 days to build, it has about 630 days of operation available. April 8, 2022. https://ivypanda.com/essays/calopeia-supply-chain-game-write-up/. Entworpe has the largest Theconsequent5694instockwouldbeenoughtosustaindemandinCalopeiauntilmonth30. 8 X 25 X 596 = $119, We believe this is the only way to turn a profit in this market. 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. time demand in Calopeia increased to the point where there was no extra capacity, we had built up an August 22, 2019. https://ivypanda.com/essays/supply-chain-game/. Order quantity: Calopeia factory to Calopeia warehouse. (2022, April 8). The concept of supply chain games is an online supply network simulator for demonstrating the actual nature of supply chains. First,togivemesomeleewayincaseanunexpectedeventsuchasasurgeindemandcametomaterialize. 580 X 15 X 211.80 = $1,842,660. ThecapacityavailablefromtheCalopeiafactorycanalreadysatisfythosedemands(withaprofitmarginof136.72thankstotrucktransportation)andtheirdemandlevelsdonotjustifysuchaninvestment. Once a factory is operational it will also take some number of days for the first shipments to reach the market. Get great deals on games wherever you go! Order point: Calopeia factory to Entworpe warehouse. KnowingthatIonlyusetrucksasamethodoftransportation,thebreakevenpointissoonerthankstoabiggerprofitmargin: [(20*50000)+500000+100000]/1450-1238.28=7557units. While the product sale price does not vary, the cost to bring the product to market does vary by region, However,toaccountfortwoorderseverymonth,IllestimatethatdemandforEntworpewillbe500monthlyforaremainingtotaloverthenext730daysofaround12000(500*24). As in the first round we begin the game on day 731 with one factory and one warehouse, both located in Calopeia. Different from many existing turn-based simulation games, this game simulates a. IvyPanda, 22 Aug. 2019, ivypanda.com/essays/supply-chain-game/. Thus, the use of trucks seems to be more advantageous for Jacobs, but the problem is in the transportation time and number of drums in each track. Thepolitical/legalcontext,economicfactors(inflation,interestrates,recessionetc)canallhaveabigimpactonasupplychainmatrix, . Added 1 more unit of capacity to 17, Day 917 -Increased capacity at Sorange factory by 5, now 60. "Supply Chain Game." Forexample,theexpectedprofitfortheinitial51100capacityis: 27778unitsexpectedtobesoldinCalopeia*211.72profitperunitforlocaltrucktransport+[(51100-27778)amountsoldinotherregions*186.72profitperunitforcontinentaltrucktransport], 27778*211.72+[(51100-27778)*186.72]=10235842. (2022, April 8). EXECUTIVE SUMMARY 1.1 Key Facts 2. However,IreflectedonthemistakesmadeandproposedsomeimprovementswhichconvincesmethatifIhadasecondruninthissimulationIwouldfinishwithlesslostorders,asmoothertransportationsystem,anappropriateinventoryandultimatelyahighercashbalanceonday1460. 2. HadIbeenabletoproduceattheratespecifiedinthetableinpart4,Iamconfidentmylostorderswouldhavebeendramaticallyreduced. LP}KsZ9B\m. We wanted to be sure that we didn't miss any costs like we did in the first round. The database is updated daily, so anyone can easily find a relevant essay example. Because of this inventory buildup we did increase holding costs and lose interest revenue, but we were certain that the per unit profit justified these costs. Conquer the world. A company should also be steadfast in asking its suppliers to meet the local support team as well as negotiating over the purchase price. Address: G2A PL Sp. In order to ensure efficiency, a group should avoid the mistake of engaging into partnership with inefficient suppliers. August 22, 2019. https://ivypanda.com/essays/supply-chain-game/. Building a warehouse would cost $100,000, and allow us to earn profits of approximately $61.80 per unit. Manufacturers in Calopeia have the opportunity to purchase the item from the other producer if the item is not shipped within 24 hours after receiving the order. as above we can see that a warehouse is again justified. 1 1 PROBLEM BASED LEARNING IN BUSINESS EDUCATION Order priority: Sorange factory to Sorange warehouse. Sorange should be better at 50.3. Forexample,in2000afiredamagedwaferstockataNokiasupplierswarehouse. Satisfy demand in Entworpe from Sorange warehouse. seasonal nature of demand in Calopeia will continue to require additional effort to manage in the most Once the warehouse is in operation, we will begin to serve it with excess capacity and inventory from Calopeia until the factory comes online. . The warehouse only supplies air conditioner retrofit kit manufacturers, who are all in . Whatsapp +18632310632. Calopeia. 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. Calopeia. Maybe if we have time we can try to model out these two scenarios to try and determine the best way to go. located in a different region, but the warehouse is located within the market region, then the additional We began our initial analysis by reviewing the instructions in detail. Throughout the course of the game, the Scheduled additional capacity in Calopeia of 8 units per day to meet expected demand. Minimum 10 days $2. Using the same methodology as above we can see that a warehouse is again justified. "Calopeia: Supply Chain Game Write-Up." 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. We utilize security vendors that protect and Increasing the batch size to 400 on Day 1,055, it is possible to save more than $105,000 because the production costs will be two times less. 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. As in the first round we begin the game on day 731 with one factory and one warehouse, both located in We have been debating about adding additional capacity to Sorange. demand later in the game. Forexampleinthefollowingtable,month15sforecastwouldbe(313+518)/2=415.5;month16sforecastwouldbe(518+878)/2=698andsoon. 0000001713 00000 n 0000005135 00000 n Inowrealizethatforexample,areorderpointof2169andanEOQof649wouldhavebeenenoughinCalopeiafromweek114to117(insteadofmorethandoublethat). Gives you the best experience of strategy games. Team 1: Abu Bakar Memon, Maira Siddiqui & Zeerak A. Ansari. This is aimed at lessening the supply process of various goods to different destinations. Thefollowingformulaisusedtocalculatethemovingaverageforacertainperiod: whereFt+1=forecastforperiodt+1;n=numberofperiodsusedandAi=actualdemandinperiodi. 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. Forgot to increase capacity by 5 on day 760. This is a vital and basic process in entering the supply chain games. A factory takes 90 days to build, and we cannot rely on demand beyond day 1430. We will first determine if it makes financial sense to build a warehouse in Entworpe. These mistakes should be avoided by ensuring a high sense of consciousness in selecting the supplier. RegardingtheSorangeregion,IknowfromAnnex2thatIexpecttotaldemandfromthiscountrytobearound51629total. DO NOT SELL anything from Calopia WH to any region (except its local customer) from day starting till WH is ready.6. This will go into operation on day 1098, and we believe that it will definitely pay for itself over the remaining 330 days. "Calopeia: Supply Chain Game Write-Up." 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