To say that we had fully understood which scheduling to choose and when, will be wrong. Reducing agency staff is a smart choice because it can eliminate contracted salaries which cost a, The machine efficiency data was analysed, this included machine running speed and machine operational stoppages. (True/False). 6 | mas001 | 472,296 | Littlefield Technologies charges a premium and competes by promising to ship a receiver within 24 hours of receiving the order, or the customer will receive a rebate based on the delay. 193 As such, the first decision to be made involved inventory management and raw material ordering. 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. Learn more in our Cookie Policy. Return On Investment: 549% 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 Other solution was to set the EOQ and the reorder points close to the initial simulation starting levels. On many occasions, we questioned each others assumptions and methods to sharpen the other persons thinking and this improved our decision-making. You can read the details below. We had three priority scheduling choices at station-2: FIFO, Items from station-1 and Items from station-3. We use cookies to give you the best experience possible. 241 Later however, as the demand increased, it became increasingly complex and difficult for me to predict the annual demands needed for correct EOQ and ROP calculations. and The account includes the decisions we made, the actions we took, and their impact on production and the bottom line. By whitelisting SlideShare on your ad-blocker, you are supporting our community of content creators. I have made a few errors but think I stabilized. Based on initial management analyses, customer demand for this new product is expected to be random, but the average demand will be level over the products 268-day lifetime. As demand began to rise we saw that capacity utilization was now highest at station 1. At this point our orders we getting out on time with few exceptions. This enables you to see the amount produced each minute from each machine center. at Littlefield Technologies Spring 2007( Littlefield Technologies is an effective teaching tool that the students seem to really enjoy and the students are forced to think logically about the problems that they are facing and they learn from iterative experimentation. 57 After a few months of detailed scrutiny of the numbers, we were able to make pricing decisions more quickly by using the breakeven change in volume to set the new price. It should not discuss the first round. Do a proactive capacity management : Machines. As sales continued to grow over the next few simulated weeks, the process was able to keep up with demand and the lead times stayed well below 1 day, confirming that the addition of this machine was the correct decision.. We had intense debate in the team, whether to add new machines further or not. Our decisions were somewhat limited to our EOQ models completion and our risk adversity. Our final machine configuration (which was set on Day 67) was 3 machine 1's, 2 machine 2's, and2 machine 3's. Littlefield Simulation BLUEs: Anita Lal Jaimin Patel Kamal Gelya Ketaki Gangal 2. Littlefield Technologies and Littlefield Laboratories Littlefield is an online competitive simulation of a queueing network with an inventory point. We could also see based on the. Do a proactive capacity management: Job scheduling. Tan Kok Wei 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. This time, they would like your help with further lead time improvements and optimizing their inventory policy. Day | Parameter | Value | PMC personnel may be directly involved in combatant roles when the contract provides for the delivery of security services. Forecasting: 73 It is now nine months later, and Littlefield Technologies has developed another DSS product. Littlefield Simulation Solutions and analytical decisons made. Processing in Batches 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). In September we fire 4 employees and October we fire 2 employees cutting our labor cost, but still reaching our unit demand. The study suggests that developing a simple ILE is essential in raising the interest of a wide audience involved in sustainable development policy making and after stakeholders gain confidence in the benefit of the ILE, it becomes easier to integrate simulation exercises into planning processes at national, regional and local levels. Operations Policies at Littlefield 5 PM on February 22 . Uploaded by zilikos. We were interested in allocating the money towards marketing as opposed to production. 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. Registration number: 419361 Right now I'm doing social work by purchasing the inventory and then selling it for zero revenue. 4 pages. Management is concerned about this outcome. 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. Overall results and rankings. However, the majority of business. Borrowing from the Bank Do a proactive Inventory management during the simulation run. At this point, all capacity and remaining inventory will be useless, and thus have no value. 217 tuning Eventually, demand should begin to decline at a roughly linear rate. Page | 5 1.0 Introduction Littlefield Simulation is a game widely used in management courses that replicates a manufacturer's decision making mechanism. 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. BLUEs: TIA. Moreover, we also saw that the demand spiked up. 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. cite it correctly. 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During the simulation start, we calculated our own economic order quantity (EOQ) and reorder points (ROP). Good teamwork is the key. 161 1 Having more machines seemed like a win-win situation since it does not increase our expenses of running the business, yet decreases our risk of having lead times of over a day. The few sections of negative correlation formed the basis for our critical learning points. Traditional military (or defense) contractors manufacture the weapons of war, provide the supplies that are required by armed forces, or perform other services that do not directly involve their personnel in combatant roles. Now customize the name of a clipboard to store your clips. However, when . 25 We did less messing around with the lot size and priority since these were definitely less important to the overall success of your factory than the number of machines you had. The simulation ends on day-309. 201 On Fire . 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. Winning Strategy for the /ittlefield Simulation *ame A System Dynamics Approach A Major Qualifying Project /Interactive Qualifying Project Report Submitted to the Faculty . The profit parameter was considered as an average. 1 Initially we set the lot size to 3x20, attempting to take advantage of w . My reasoning for using this strategy is that my products will be extremely useful and beneficial to its consumers; products like BIC and McDonalds are in extreme demand with the situation of todays economy. Here are our learnings. The Israeli-Palestinian conflict has been one of the most important issues that the United Nations has focused on since its founding in 1945. This laboratory uses the same process as the lab encountered in your prior assignment, Capacity Management at Littlefield Labsneither the process sequence nor the process time distributions have changed. Anita Lal We wanted machine 3 to never be idle and thus, kept the priority at 2. This helped us focus more on our individual areas. We did intuitive analysis initially and came up the strategy at the beginning of the game. of Days in Period (365), Cecilia McDaniel also gives a choice of two option plans to cover the shortfall, and propose the best decision following the analyzing impact on the cash flow statements of the hospital., First, with the price of Pig Iron plummeting, companies in our industry are in a fix to decide on cutting down additional costs that can maintain or improve the overall profits. By rejecting non-essential cookies, Reddit may still use certain cookies to ensure the proper functionality of our platform. In addition, we will research and tour Darigold Inc. to evaluate their operations, providing analysis and recommended changes where we deem applicable. max revenue for unit in Simulation 1. Hence, the effective decision-making period is between day-31 to day-309. However, once the initial 50 days data became available, we used forecasting analyses to predict demand and machine capacity. Check out my presentation for Reorder. Faculty can choose between two settings: a high-tech factory named Littlefield Technologies or a blood testing service named Littlefield Labs. We were asking about each others areas and status. We tried not to spend our money right away with purchasing new machines since we are earning interest on it and we were not sure what the utilization would be with all three of the machines. Littlefield Stimulation field paper group strategies for the little field simulation game our primary goal for the little field simulation game is to meet the DismissTry Ask an Expert Ask an Expert Sign inRegister Sign inRegister Home Ask an ExpertNew My Library Discovery Institutions Southern New Hampshire University StuDocu University Lastly we chose the right contract among our 3 options to maximize the profits according to daily average job lead-time. 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. Because we hadnt bought a machine at station 1 we were able to buy, the one we really needed at station 3. Serious games offer. Out of these five options, exponential smoothing with trend displayed the best values of MSE (2.3), MAD (1.17), and MAPE (48%). These key areas will be discussed throughout the journal to express my understanding of the experience. However, observed 100% Utilization at Station #1 with the 17x more queued kits. Consequently, we lost revenues when the demand neared its peak. 4. Our cash position got weaker and we then slipped to position 7 from position 2. In short, our inventory management could have been better towards the end. Part 1: Reasoning for Decisions Preparation is necessary to have an advantage. One key element that caught my attention was bottleneck issues. when to order how much, and quoting for the contract lead-times. 5. 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. Private military companies, in contrast to traditional military contractors provide both direct military services and security services. Day 53 Our first decision was to buy a 2nd machine at Station 1. This is the breakdown of one such simulation., Unrestricted cash and Cash Equivalents /Cash Operation Expenses No. The write-up only covers the second round, played from February 27 through March 3. 137 This article summarizes the nine contributions to the symposium on system dynamics. We did not have any analysis or strategy at this point. 169 This was determined by looking at the rate of utilization of the three machines and the number of jobs in the queue waiting for these machines. So, after 360 days, plant will shut down and the remaining inventories and machines will be disposed of. 225 Instant access to millions of ebooks, audiobooks, magazines, podcasts and more. regarding contract management and machine additions quite early, e.g. The objective was to maximize cash at the end of the product life-cycle (270 days) by optimizing the process design. 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. 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. Contract Pricing This added an overhead expense of approximately 2147 (Additional maintenance costs + Transfer costs). At day 97, our team ranked first in the overall standing, and wanted to try to maintain this standing for the rest of the simulation., Finally, on day 150 we try an all in strategy spending $160.000 in 1 machine for station 1 and 2 to increase the capacity and to process jobs only on conditions of contract 3. Machine configuration: In case you can't find a relevant example, our professional writers are ready As you continue reading, you will see my strategy unfold, the obstacles that I have faced, and the improvements that I will be developing in the near future., At this point, our team should have reevaluated our decisions, and purchased a new machine for Station 1, in order to get production moving faster to Station 2. Our team operated and managed the Littlefield Technologies facility over the span of 1268 simulated days. At the time that the United Nations was founded, Great Britain administered the area of Palestine as a result of a mandate that had been assigned to them by the League of Nations. 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. This essay was written by a fellow student. On day 50 of the simulation, my team, 1teamsf, decided to buy a second machine to sustain our $1,000 revenue per day and met our quoted lead time for producing and shipping receivers. Figure 1: Day 1-50 Demand and Linear Regression Model LittleField Gam1 One-Other-Explanation 20,986 views Oct 8, 2020 116 Dislike Share Save Ardavan Asef-Vaziri 407 subscribers In this talk, I elaborate on the basic decisions in Game-I LittleField. 41 Because all stations were at times operating at full, we knew that all would create a bottleneck if left to operate as is. However, to reduce holding costs and ordering costs t [ As our contracts changed, our lead times changed the problem of inventory reorder points ] After we signed to contract 3, we made few changes to the factory. 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. . We made many mistakes, but most importantly we have learned from. Machine stoppage data for the, One of our team members conducted a full operations analysis. What new decisions will you make regarding production levels and pricing for your Widget facility? Initially, we tried not to spend much money right away with adding new machines because we were earning interest on cash stock. We did not take any corrective measure to increase our profit margins early in the game. A detailed data analysis and how the game progressed. This product also is expected to have a 268-day lifetime. PMC personnel are directly involved in combatant roles when the contract provides for the delivery of military capacities. The remaining days included few high demand and then declining demand days. Initially we set the lot size to 3x20, attempting to take advantage of what we had learned from the goal about reducing the. One colleague was responsible for customer order management and the other for the capacity management. Therefore, we took aproactive approach to buying machines and purchased a machine whenever utilization rates rose dangerously high or caused long queues. 81 7. As shown by the figure above, total revenues generally followed the same trend as demand. This meant that machine 1 was not able to keep up with the incoming demand and lacked the proper capacity. The sales revenue decreased from 9 million to 6 million in 12 years and also they incurred operating losses. Littlefield Laboratories has opened a new blood testing lab. Delays resulting from insufficient capacity undermine LTs promised lead times and ultimately force LT to turn away orders. This may have helped us improve our simulation results further. 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. First, 50 days of daily average demand was 15.50 and SD was 4.12. In the initial months, demand is expected to grow at a roughly linear rate. 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. 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. They want your team to look into why this is occurring, and hopefully remedy the situation. 10 on 54th day. 265 Anise Tan Qing Ye Barilla Spa: A case on Supply Chain Integration, Toyota Motor Manufacturing Inc - Case Study, Silvio Napoli at Schindler India-HBS Case Study, Forecasting Uncertainty - Obermeyer Case Study, Corporate Social Responsibility and Performance Management.docx, correctional facilities 1 Quality Nursing Writers.docx, correctional systems 1 Quality Nursing Writers.docx, Correctional unit 3 assignment Law homework help.docx, Corporate Governance and Alphabet Management Questions.docx, Corporate Social Responsibility Performance Article Analysis.docx, Corporate strategy Management homework help.docx, Correlating Data in Detection of Worms and Botnet Attacks Discussion.docx. Management has used process time estimates from your first report to calculate a stable capacity configuration. We made no further changes after switching to contract 3. The purpose of this simulation was to effectively manage a job shop that assembles digital satellite system receivers. 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. Anyone here experienced the wrath of Littlefield Simulation in their operations management course? REVENUE Doing this simulation review it will show just how to go about making these changes to save money. The SlideShare family just got bigger. 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. It has been the central topic for many resolutions, special committees, and peacekeeping efforts over the last sixty years. Littlefield Simulation Strategy Hello Everyone! 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. Capacity Management at Littlefield Technologies Research shows that learning and task performance improve when participants in management exercises understand the structure of the system they control. s Day 50 We did intuitive analysis initially and came up the strategy at the beginning of the game. The logic behind this decision was to complete as many units as possible without delay. To increase the process speed by 10% with 5 new machines by the end of this month., Our first plan (Plan A) includes hiring 4 new employees in January to cover the 2100 units of demand but firing them in February, we will fire these additional employees because the production would be covered. Although orders arrive randomly to LT, management expects that, on average, demand will follow the trends outlined above. We realized that without awareness, no matter how many units we make, sales would be inefficient. requirements? for EOP and ROP. Another approach, which we could have followed for the decision-making could have been always decide the EOQ and ROP based on our demand-estimations and our own calculations. Clear role definitions avoid confusion and save time. 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. You can update your choices at any time in your settings. At the same time, the queue in front of Station 2 was growing, which was odd as the machine was not completely utilized. 9 In the game, teams are challenged to optimize the system and maximize cash flow for Littlefield Technologies, a factory that assembles Digital Satellite System Receivers from electronic kits. Overall I felt the Littlefield simulation to be an interesting cost leadership exercise with strong focus on the operations management. As soon as we noticed our lead times drop sufficiently enough for a new contract, we upgraded immediately. Need a custom essay sample written specially to meet your Do not sell or share my personal information, 1. Here are our learnings. 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. You may use it as a guide or sample for The decision for the customer contract is between three options. 54 | station 1 machine count | 2 | Littlefield once again has contracted with your operations management consulting team to manage their operations for this new product. Littlefiled simulation game 1. The new product is manufactured using the same process as the product in the assignment Capacity Management at Littlefield Technologies neither the process sequence nor the process time distributions at each tool have changed. However, in July, and August, unit demand picks up and we will hire 5, and 7 employees respectively. 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. 8. We knew that the initial status quo was limited by the inventory quantity. highest profit you can make in simulation 1. We had explored few possibility of making good inventory decisions towards the day 305. 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. 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. At the end of this products lifetime, demand Lead Time Management at Littlefield Labs While focusing on immediate goals keeping long term goals in mind is also important. Project 25000 Decision 1 Littlefield Technologies is an online factory management simulator program produced since 1997 by Responsive Learning Technologies for college students to use while taking business management courses. Summary of articles. 4 | beaters123 | 895,405 | 17 Raw material costs are fixed, therefore the only way to improve the facilitys financial performance without changing contracts is to reduce ordering and holding costs. 2 | techwizard | 1,312,368 | We had split the roles. In order to expand capacity and prepare for the forecasted demand increase, the team decided to immediately add a second machine at Station 1. When first approaching this game we met to strategize, forecast, make a meeting schedule, and divide the work. 5 As this is a short life-cycle product, managers expect that demand during the 268 day period will grow as customers discover the product, eventually level out, and then decline. We had split the roles. Managements main concern is managing the capacity of the factory in response to the complex demand pattern. It was quickly determined that the machine 1 was our bottleneck, as it was the only machine with 100% utilization and excess number of jobs in the queue. We did not change the production quantity. We were very eager to outperform our competition and we almost did so, but ended up in second place again with a cash balance of $2,660,393. PMCs are different from traditional military contractors, which more often than not are referred to as defense contractors.