Satisfy demand in Calopeia from Entworpe warehouse. depending on the location of both the factory and the warehouse. Email..lfdsloans@lemeridianfds.com Or lfdsloans@outlook.com.WhatsApp + 19893943740. seasonal cycle, we built up every bit of inventory that we could. Forexample,theexpectedprofitfortheinitial51100capacityis: 27778unitsexpectedtobesoldinCalopeia*211.72profitperunitforlocaltrucktransport+[(51100-27778)amountsoldinotherregions*186.72profitperunitforcontinentaltrucktransport], 27778*211.72+[(51100-27778)*186.72]=10235842. SoIexpectamaximumof4855unitsinlostdemand,whichwouldrepresentalostprofitof4855*136.72=663776. Lastly,thelackofflexibilityinthegameisanotherweakness. Retrieved from https://ivypanda.com/essays/calopeia-supply-chain-game-write-up/. Thefirstfourmonthsofdemandaresummarizedbelow: Afterreflection,itwasdecidedthataneducatedguesswasperhapsmostappropriateforthisparticularmarket. The optimal strategy for changing the capacity is based on adding the capacity gradually. 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. Overall Standing: 2nd Position, $7,126,112. BelowIwillanalyzethosemistakesandexplainhowIcouldhavedonebetter(refertoannex8forSCORmap). Calopeia Tyran Demand in Tyran is averaging 19 per day, and is level and non-seasonal. Inaddition,IdidnotrespecttheamountsthatIplannedtoaddascanbeseeninannex10. Day 730 It is possible to calculate the regular capacity, without adding more drums 90 days x 20 =1800, and 28611-1800 = 26811. If only the factory is located in a different region, but the warehouse is located within the market region, then the additional cost is only $25 per unit. This doesn't even take into account the ability to use excess capacity in Calopeia to serve Entworpe. Head back three screens and use the pickaxe to break through the wall. Order point: Calopeia factory to Calopeia warehouse. Play the Best Online Strategy Games for Free on CrazyGames, No Download or Installation Required. Thetermisdefinedastheuncertaintycausedbydistortedinformationflowingupanddownthesupplychain. Finally decided to go ahead and We also thought that we could meet some of the demand in Sorange once the warehouse came on line. Decision: Build a factory with capacity 15 on day 731. The supply chain game is guided by common principles and fundamentals. AlthoughIdointendtoresumedeliveriestothatwarehousefrommonth29,thiswouldleavemetwofullmonthstofilltheother3warehouses. Instead,IwillusethecomingtwomonthstobuildupinventoryinCalopeiatoprepareforthepeakseasonthere. During the first period Day 1-731, this region faced lost demand of 47% of the total. Do you know your hidden name meaning ? The second question to be answered for Sornage is when to stop adding capacity. This report on Calopeia: Supply Chain Game Write-Up was written and submitted by your fellow The question now is whether to take it higher, or are we better off building Thetablemakesitobviousthathavingawarehouseinanyregiongreatlyincreasesthepotentialprofit. We begin the game with plenty of capacity, as well as considerable inventory in Calopeia. around day 1415 we shut down most of the factories and were pretty conservative on our estimates of Order point: Calopeia factory to Sorange warehouse. Lamentum ($15.99 ERP . However profit would increase to $211.80 per unit. However,toaccountfortwoorderseverymonth,IllestimatethatdemandforEntworpewillbe500monthlyforaremainingtotaloverthenext730daysofaround12000(500*24). We tool inventory in Calopeia up to about This will help in boosting efficiency in the issues of supply chains. Forexample,aqualityissue(especiallyinchemicals)couldprovedisastrousnotonlytothesupplychainbuttothewholeorganization. This table summarizes the characteristics of each market. Address: G2A PL Sp. "Calopeia: Supply Chain Game Write-Up." A basic concept behind supply chain management is that customers order products from a business and the business keeps track of the products its selling. In addition, it is necessary to address the problem of the lost demand. 22 August. per unit profit provided by a warehouse ($50), then multiply by the number of days of operation. ThisreportwilloutlinetheinitialstrategyIadoptedbeforethesupplychainsimulationstartedwhichwillincludethedifferentforecastsandtheoperationaldecisionswhichresultedfromthem. The Game Scenario: Jacobs' distribution network consists of a single factory and a single warehouse, both in Calopeia. 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. This is IvyPanda's free database of academic paper samples. 700 total days, less 90 days for construction, and 14 days to get the product to market, leaves about 596 days of reliable production remaining. (2022, April 8). It contains thousands of paper examples on a wide variety of topics, all donated by helpful students. Begin construction of the warehouse about 40 days later, since it won't be needed until the factory is online. Forexample,in2000afiredamagedwaferstockataNokiasupplierswarehouse. 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. TyranandFardosdemandsbehavedifferentlyfromthefirsttwomarkets. Thus,thefinaldecisionistobuildbothawarehouseandafactorywithafinalcapacityof20inFardoonday730. Thenexttwotablesshowthatmyfullproductioncapacitywillequal118800unitswhilethetotalexpecteddemandfromallregionswillbe116965unitsfromday730. Althoughthissimulationwasveryhelpfulatunderstandingthecoursecontent,itdoespresentseverallimitations. Satisfy demand in Sorange from Entworpe warehouse. Onday730,IchangedthetransportationmethodtotruckasplannedbutatypingerrormeantIordered2600drumsonday740,insteadof1000. A company should also be steadfast in asking its suppliers to meet the local support team as well as negotiating over the purchase price. TheriskofrunningoutofstockwhendemandpeaksisalsoareasonwhyIdecidednottoservetheothermarketsuntilday790. "Calopeia: Supply Chain Game Write-Up." We believe this is the only way to turn a profit in this market. Production parametersYou have $20,000,000 to design your network. ThesecondlimitationIobservedisthelackofinteractionwithothercomponentsofthesupplychain. We stopped serving both Tyran and ThosetwoextracapacityadditionswouldallowthefirmtokeepupwiththeCalopeia,Sorange,EntworpeandTyrandemandsasisdetailedinannexes4to7. To produce batches including 400 items is a more cost saving strategy because production costs become twice less, and transportation costs also decrease because of the opportunity to make fewer trips to the warehouse. "Calopeia: Supply Chain Game Write-Up." 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. This enhances in the enhancement of efficiency in timely delivery as well as provision of quality services. To minimize the cost for this region. Copyright 2023 StudeerSnel B.V., Keizersgracht 424, 1016 GC Amsterdam, KVK: 56829787, BTW: NL852321363B01. INTRODUCTION 2.1 Business profile 2.2 History 2.3. Day 731 It is necessary to change the capacity, and make it 40 drums per day. a long stretch with no demand in Entworpe, and inventory just sat there, meanwhile we were losing sales Using the same methodology as above we can see that a warehouse is again justified. 11. Calopeia For the Calopeia region, the assignment stipulates that demand is very seasonal but stable. Thenextsectionsummarizespart3ofthispaper. For example at one point we went for 0000001713 00000 n Factory and Warehouse$211 Factory and Warehouse$211. Serve the market using excess capacity from Calopeia. My post simulation report on the Pangea Supply Chain game. Inhindsight,thissimulationwasanexcellentwaytoputtheconceptslearnedduringthemoduleintopractice. Demand in Tyran is averaging 19 per day, and is level and non-seasonal. The Calopeia: Supply Chain Game Write-Up. The whole issue consists of the setting of production and inventory control parameters, warehouses, factories and transportation choices. The concept of supply chain games is an online supply network simulator for demonstrating the actual nature of supply chains. Capacity would have to be added at another factory, so operations couldn't start in Fardo until day 820, and shipping would take two weeks. Using the same methodology as above we can see that a warehouse is again justified. Finally decided to go ahead and take it up to 75. 2019. Throughout the course of the game, the seasonal nature of demand in Calopeia will continue to require additional effort to manage in the most profitable manner. Assume Calopeia has an average daily demand of 50. 12. Assume the factory on Calopeia has a capacity of 70 drums/day. Tyran 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. It probably wouldn't have paid for itself. . It is the obligation of a business to put its supplier accountable for the quality and timely delivery of its supplies. meet expected demand. Day 749 -Began construction of the warehouse in Fardo. It was really hard on my business going down due to my little short time illness then when I got heal I needed a fund to set it up again for me to begin so I came across Mr Benjamin a loan consultant officer at Le_Meridian Funding Service He asked me of my business project and I told him i already owned One and i just needed loan of 200,000.00 USD he gave me form to fill and I did also he asked me of my Valid ID in few days They did the transfer and my loan was granted. IvyPanda. Itwillexplaintherationalebehindthedecisionmakingthroughannexesandviathedifferenttoolslearnedduringthismodule. The 2nd option, building both a factory with capacity of 15 and a warehouse, would incur a total cost of $1,350,000. Trying to Thenetworksimulationwentratherpoorlyforthisgroupbecauseofgravedivergencesfromtheoriginalplan,somefunctionalmistakesandagenerallackofdisciplinewhichisperhapsduetothefactthatIdidnothavetheopportunitytoconductthefirstsimulation. The beer game lets you experience problems of supply chains. IvyPanda. Asaresult,IscarcelydeservedtheEntworpeandTyranwarehousesandhadtoreducedeliverytimebyswitchingtomailjusttokeepupwiththeSorangeandCalopeiademand,thusreducingmyprofitmargins. Theexpectedpayoffsare: (30*640*211.72)-30*50000-500000-100000=1965024. We are also thinking that final It is important to be flexible while choosing the shipping method. 2. Different from many existing turn-based simulation games, this game simulates a. Satisfy demand in Entworpe from Sorange warehouse. Initial capacity of the factory is 30, with 5 additional units of capacity added approximately every 30 days. Every group will start the game @TBA. We do feel like we made the best choice in not adding additional capacity beyond day 1100. So we decided to serve Tyran from Entworpe for a short time. We clearly were slower at adding capacity in Sorange as we should have been, and it has cost us some lost sales. First,itisusefultobreakdownthecostsassociatedwithmyactivity(basedonabatchof200). RegardingtheSorangeregion,IknowfromAnnex2thatIexpecttotaldemandfromthiscountrytobearound51629total. 0000003094 00000 n Thanks to having the inventory build up we were able to go from day 1100 to day 1300 where we were able to fulfill all but 12 units of demand. TheexpectedstocklevelinCalopeiawouldbeasfollows,basedonsalesforcastsinannex1andproductionforecastsinannex4. While increasing the order quantity or the batch size, it is possible to decrease transportation costs. . 3500, and then maintained it while we built up inventory in Sorange using capacity in Calopeia. 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. We have been debating about adding additional capacity to Sorange. The highest possible profit per unit is AsIscheduledtostartfeedingthemainlandwarehousesfromtheCalopeiafactoryfromday790,thiserrornotonlycostme400primeordersbutitalsodisruptedmywholeinventorystrategywhichwastosimplyusetrucksandkeepstocklevelsabovemonthlydemand-exceptforCalopeiawhereIwouldhavehadabout5800unitsinstorefrommonth2. Calopeia. to finally get ahead of demand when capacity comes online. Hb```"OV cc`aH```T1:Xp```b`'RPAc-dF'206e090o,>V`\ hdSo3Yumeh0$s$Zh:wj6F|l:-m>&ZC {jX_. -'ya!CGg6,_p^bjn3l%:fu?1Gkl Calopeia This is a vital and basic process in entering the supply chain games. Inowrealizethatforexample,areorderpointof2169andanEOQof649wouldhavebeenenoughinCalopeiafromweek114to117(insteadofmorethandoublethat). There are 610 days to make the capacity 44 because 26811/610 days = 44 and to achieve the optimal amount in 45 before stopping the production. LP}KsZ9B\m. 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. August 22, 2019. https://ivypanda.com/essays/supply-chain-game/. This was early, but I was going to be asleep at 5:00 AM when it needed to be done. 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. KnowingthatIonlyusetrucksasamethodoftransportation,thebreakevenpointissoonerthankstoabiggerprofitmargin: [(20*50000)+500000+100000]/1450-1238.28=7557units. Since there was only a period of about 130 days where we lost sales due to inability to meet demand. Transaction History, We will write a custom Report on Supply Chain Game specifically for you for only $11.00 $9.35/page. December 14 2016Some comment: thanks for the post, really helpful.1. 2. miss any costs like we did in the first round. Demand is higher than originally As we progress through the rest of the regions we will have to determine April 8, 2022. https://ivypanda.com/essays/calopeia-supply-chain-game-write-up/. Ultimately we decided not to build any additional capacity. Focusing on the fact that the demand is seasonal, but rather stable, it is possible to forecast the demand for the next two years in about 39 drums per day because 28611/730 = 39.2 where 28611 is the number of completed drums, and 730 is the number of days of the businesss lifetime. Using the same methodology The database is updated daily, so anyone can easily find a relevant essay example. While the product sale price does not vary, the cost to bring the product to market does vary by region, depending on the location of both the factory and the warehouse. Indeed,exportingtothatregionwillinevitablyincuralossormakeasmallprofit(ifthereisawarehouseinFardo). 0000006007 00000 n 1. 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. Initial Situation Assessment At the end of the first part of the game, Day 730, we had the following available data, which was essential to trigger a strategy for the second and final phase: Cash Balance: $6,797,000 Calopeia's Warehouse Inventory: 2,528 drums Calopeia's Production Capacity: 70 drums/day In this second stage, we had 4 different RISK ASSESSMENT 4. IvyPanda. We are also thinking that final capacity may end up higher than originally anticipated at 70-75. 0000002294 00000 n Considering the 4 mainland regions, additional cost of $75 per unit is incurred if both the In this paper we review an innovative web-based simulation game for teaching supply chain management concepts. We began to serve both Tyran and Entworpe right away from the Calopeia warehouse. The final step is adding 5 to the current capacity after the analysis of experienced revenues and costs. Head left and put the wheel on the cart. In addition to the above, it is also important to calculate the number of days of operation each additional facility will offer. 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. Our initial estimates are that demand will increase by roughly one unit every six days, or up to about 110 units daily by day 1430. trailer << /Size 249 /Info 213 0 R /Root 231 0 R /Prev 1399140 /ID[] >> startxref 0 %%EOF 231 0 obj << /Type /Catalog /Pages 216 0 R /Metadata 214 0 R /JT 229 0 R /PageLabels 212 0 R >> endobj 247 0 obj << /S 890 /L 1036 /Filter /FlateDecode /Length 248 0 R >> stream Build a warehouse in each region. Calopeia. Thenaturalenvironmentcanalsobeasourceofdangeroropportunity. If you are the copyright owner of this paper and no longer wish to have your work published on IvyPanda. Hopefully this will allow us Whatsapp +18632310632. Order priority: Calopeia factory to Calopeia warehouse. IfIsummarizetheorderdataavailableslightlyafterday730bymonth,Iobtainthefollowingtable: Inowneedtodeterminetheintercept(a)whichisgiventhroughthefollowingformula: Icannowdeterminetheslope(b)withthisformula: NowthatIhavethevaluesofaandb,thefollowingregressionequationcanbeusedtoforecastfuturemonthsorders: Withthisequation,IcouldconstructthefullforecasttableandthecorrespondinggraphinAnnex2whereonecouldseethatestimatedremainingdemandforSorangeis51629. Now, having calculated these numbers, we were ready to start making decisions for each region. A key phenomenon in supply chains is that of coordination, whereby a business should be steadfast in monitoring the operations of its suppliers. "Supply Chain Game." It is important to note that Tyran and Entworpe will use nearly all of the excess capacity from Calopeia. Day 919 -Tired of losing sales at Sorange, increase capacity by 5 more, to 65. A new factory has a fixed cost of $500,000, so there is clearly no payoff to build a factory in Entworpe. It is important to focus on making the capacity in 45 per day. Inthisregard,Iplottedthemaximummonthlyproductionachievablepermainlandfactory(SorangeandCalopeia)inannex4tocomparewiththetotalmainlandmonthlydemandinannex5. just under $500,000. As we progress through the rest of the regions we will have to determine how to allocate excess capacity from Calopeia to other regions. 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. Thebreakevenpointissoonerthankstoabiggerprofitmargin: [ ( 20 * 50000 ) +500000+100000 ] /1450-1238.28=7557units _p^bjn3l %: fu 1Gkl... 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