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). Initial Strategy Definition ; What are the lowest percentage mark-up items? Interstate Manufacturing is considering either replacing one of its old machines with a new machine or having the old machine overhauled. ANSWER : Littlefield 1. Despite this, not many teams were aware about what had to be done exactly - which I think hurt their chances. Correct writing styles (it is advised to use correct citations) 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. In appreciation of your prior recommendations and contributions, Littlefield has once again retained your services on their 50th day of operations. This meant that machine 1 was not able to keep up with the incoming demand and lacked the proper capacity. They have purchased the recommended machinery, but are not entirely pleased with the lead time performance. Thanks. Revenue Clear role definitions avoid confusion and save time. We summarize the nine contributions. This work reports a laboratory experiment in which managerial performance in dynamic tasks is improved by improving the quality of decisions made in the context of a dynamic environment. cost for each test kit in Simulation 1 &2. When the exercise started, we decided that when the lead time hit 1 day, we would buy one station 1 machine based on our analysis that station 1 takes the longest time which is 0.221 hrs simulation time per batch. At this point, all capacity and remaining inventory will be useless, and thus have no value. Check out my presentation for Reorder. The decisions to be made are regarding buying or selling machines, setting inventory policies i.e. Closer to Day 50, shop floor space constraints are limiting the number of jobs being accepted into the factory. You can update your choices at any time in your settings. Littlefield once again has contracted with your operations management consulting team to manage their operations for this new product. 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. 193 Tan Kok Wei Do a proactive capacity management: Job scheduling. I agree and I need help. 1 | bigmoney1 | 1,346,320 | 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. The disadvantage with this approach is that it consumes a lot of time - the time, which runs at a rapid pace of three simulation days per minute. This taught us to monitor the performance of the, machines at the times of very high order quantities when considering machine. 20 We were continuously communicating, finding bottlenecks and removing them. 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). Winning strategy for the Littlefield simulation game - Digital WPI 1 We knew that the initial status quo was limited by the inventory quantity. The decision for the customer contract is between three options. Aneel Gautam 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. 72 hours. Clear role definitions avoid confusion and save time. 105 The company has been functioning well in terms of generating profit and demand so far. 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. Littlefield_1_(1).pptx - 1 Littlefield Labs Simulation Professor Our strategy was to get lead times down below .5 days and offer customers that lead time to maximize revenue. 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 goal of setting the inventory policies is to avoid inventory stock outs and the decision-making is typically based on ordering the optimum inventory quantity (EOQ) at right reorder-points (ROP) i.e. | Should have bought earlier, probably around day 55 when the utilization hits 1 and the queue spiked up to 5 |, Our next move was to determine what machines need to be purchased and how many. We did many things right to win this simulation. Registration number: 419361 Base on the average time taken to process 1 batch of job arrivals, we were able to figure out how Thundercats 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. By doing so, the labor costs are significantly reduced and the unit demand will be covered. The SlideShare family just got bigger. Press J to jump to the feed. While selling capacity was the correct financial decision to combat our emergency loan, we were then left with stock outs in all of our product lines. Summary of articles. Anteaus Rezba In addition, the data clearly showedprovided noted that the demand was going to follow an increasing trend for the initial 150 days at least. The sales revenue decreased from 9 million to 6 million in 12 years and also they incurred operating losses. Just talk to our smart assistant Amy and she'll connect you with the best 15000 In March, April, and May will fire 4, 3, 3, employees respectively. 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. I have made a few errors but think I stabilized. 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. By whitelisting SlideShare on your ad-blocker, you are supporting our community of content creators. Littlefiled simulation game 1. stuffing testing Based on our broad, We adjusted focus to our niche market, sold off capacity in the low end and traditional markets, and proceeded to decrease our production going into the next round. On observing the 100% machine utilization at any given station for few consecutive days, we immediately added the new machines. Overall I felt the Littlefield simulation to be an interesting cost leadership exercise with strong focus on the operations management. SOMETIMES THEY TAKE A FEW MINUTES TO BE PROCESSED. We were asking about each others areas and status. Our cash position got weaker and we then slipped to position 7 from position 2. Littlefield Technologies Operations 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. 89 . http://quick.responsive.net/lt/toronto3/entry.html Kamal Gelya Thus we decided to change the most pressing variable, inventory, and see where it went from there. Purpose. (Exhibit 2: Average time per batch of each station). from the word go. After letting our system adjust to the changes, we moved to contract 2 when the lead time was decreased to about 1 day. In the beginning of the simulation itself, we had decided to be proactive in lead-time management and hence go for the aggressive contracts. 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. The electronic kits are acquired from the supplier. Day | Parameter | Value | 10 We use cookies to give you the best experience possible. 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. 145 257 At s the end of this lifetime, demand will end abruptly and factory operations will be terminated. tuning Anita Lal 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. Instant access to millions of ebooks, audiobooks, magazines, podcasts and more. 9,033,750 of operational costs per year, without resorting to any radical changes that impact the continuous operations at the plant. Littlefield Simulation - Free download as Word Doc (.doc / .docx), PDF File (.pdf), Text File (.txt) or read online for free. Can you please suggest a winning strategy. We decided in favor of the second option. This added an overhead expense of approximately 2147 (Additional maintenance costs + Transfer costs). This essay was written by a fellow student. In terms of choosing a priority for machine 2, we decided to switch to priority to step 2 since machine 2's utilization was consistently higher than machine 3's. An implication of this study is that tangible stock-flow tasks are as difficult for humans to control as are purely cognitive tasks. PDF Littlefield Simulation Overview Presentation for EOP and ROP. 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. 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. Operations Policies at Littlefield In early January 2006, Littlefield Technologies (LT) opened its first and only factory to produce its newly developed Digital Satellite System (DSS) receivers. 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. When expanded it provides a list of search options that will switch the search inputs to match the current selection. Learn about MBA programs, applying to them, and what life is like while in one and afterwards. We also changed the priority of station 2 from FIFO to step 4. Now customize the name of a clipboard to store your clips. Going into this game our strategy was to keep track of the utilization for each machine and the customer order queue. Background 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. Consequently, we lost revenues when the demand neared its peak. Has anyone done the Littlefield simulation? I'm messing up - reddit View Assessment - Littlefield_1_(1).pptx from MS&E 268 at Stanford University. 10000 15 Out of these five options, exponential smoothing with trend displayed the best values of MSE (2.3), MAD (1.17), and MAPE (48%). Inventory June after what period of time does revenue taper off in Simulation 1. 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. 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. However, it was because we did not create a safety margin for production which came from our over estimating our carrying costs. Steve was concerned about the potential loss of customers and suggested that Prairie Winds purchase a second pasta production machine for $40 million. This meant an increased level of production and increased pressure on machines; therefore naturally the breakdown of machines was increasing. 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. after how many hours do revenues hit $0 in simulation 1. You can read the details below. Littlefield Technologies Part 1 - 664 Words | Bartleby Littlefield Simulation | PDF | Inventory | Simulation - Scribd I then multiplied that by the obvious 60 minutes per hour to determine the output from each machine center each hour. BIC uses a strategy similar to the Niche Cost Leader Strategy. This weeks key learning areas have been eye opening and worthwhile. Group Report 1: Capacity Management The following is an account of our Littlefield Technologies simulation game. Background Private military companies, in contrast to traditional military contractors provide both direct military services and security services. 25000 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. 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. Reddit and its partners use cookies and similar technologies to provide you with a better experience. DAYS It appears that you have an ad-blocker running. Littlefield Simulation | Case Study Solution | Case Study Analysis We made many mistakes, but most importantly we have learned from. . The difference between remaining at $750/order vs. $1250/order could have been as high as 1.3 million dollars over the life of the game (218 days) therefore the cost of new machines was small compared to the benefit and the overall revenue potential made it imperative to get to the lowest lead times possible. Here is a discussion of the pros and cons regarding the decisions we made. 25 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 Analysis, Littlefield, Initial Strategy Leena Alex According to the, If I can play this game again, the most part of plan can same as before. In my opinion, I can purchase more machines in stations 1,, 2. 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. 5 PM on February 22 . By Group 4: Eventually, demand should begin to decline at a roughly linear rate. 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. Anise Tan Qing Ye At the end of this products lifetime, demand Lead Time Management at Littlefield Labs 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. Even if negotiations succeeded, however, a binding treaty could not be ratified or implemented, By clicking accept or continuing to use the site, you agree to the terms outlined in our. To ensure we are focused and accomplish these set goals, the following guidelines Running head: Capacity Management As such, the first decision to be made involved inventory management and raw material ordering. Ketaki Gangal. Solved What is the best objective and strategy for | Chegg.com pratt10. Clipping is a handy way to collect important slides you want to go back to later. Upon initial analysis of the first fifty days of operations, the team noticed that Station 1 had reached 100% utilization several times between days 40 and 50. 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. This same approach was used until our lead times dropped enough to consistently fulfill contact 3. Littlefield Simulation - SlideShare Customer orders processed within 1 day make $1000 Customer orders that take over 3 days make no money Between 1 and 3 days revenue is a decreasing linear function. Littlefield Simulation 2: Occupylittlefield With our second littlefield simulation complete, we have reinforced many of the concepts and lessons learned in class. Managing Customer Responsiveness 3 | makebigmoney | 1,141,686 | Hence, we will increase our capacity levels where demand is forecasted to peak. Our decisions were somewhat limited to our EOQ models completion and our risk adversity. 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. Though we are pleased with our final results compared to the rest of the class, we see there is still room for improvement. 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. Littlefield Simulation Solutions and analytical decisons made. Nevertheless, although we ranked 4th (Exhibit 1: OVERALL TEAM STANDING), we believe we gained a deeper understanding of queuing theory and have obtained invaluable experience from this exercise. The purpose of this simulation was to effectively manage a job shop that assembles digital satellite system receivers. I was mainly responsible for the inventory management. Select Accept to consent or Reject to decline non-essential cookies for this use. We had split the roles. max revenue for unit in Simulation 1. Although orders arrive randomly to LT, management expects that, on average, demand will follow the trends outlined above. Although reputation and meeting goals is important, I must pay attention to the machines that are causing bottleneck issues; performing a cost/benefit analysis can fulfill this. We could also see based on the. Do not sell or share my personal information, 1. 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. In this simulation we decided to take the message of The Goal and apply it as fast as we could. The best two options for the hospital to reach their goal in my opinion are, reducing the agency staff and changing the skill mix. Littlefield Simulation BLUEs: Anita Lal Jaimin Patel Kamal Gelya Ketaki Gangal 2. We did not have any analysis or strategy at this point. 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. The only expense we thought of was interest expense, which was only 10% per year. However, the majority of business. 4 pages. In the Littlefield Simulation it would have been better on Day 51 to switch to the order quantity as recommended by the EOQ framework in order to minimize costs. and Marcio de Godoy 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. Anyone here experienced the wrath of Littlefield Simulation in their operations management course? 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. We had a better understanding of the operation of the littlefield facility and how certain modifications would affect the throughput and lead time. Customer demand continues to be random, but the expected daily demand will not change during the labs life span. 33 Starting at 5 PM on Wednesday, February 27, the simulation will begin The game will end at 9 PM on Sunday, March 3. us: [emailprotected]. The decision making for the machines is typically based on the utilization of machines. 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