Reference no: EM133226812
How is your simulation grade calculated?
Question 1. Each team is ranked on each of eight performance metrics: Cumulative Profit, Market Share, ROS, ROA, ROE, Leverage, Stock Price, and Contribution Margin. Cumulative Profit and Stock Price are taken at the end of Competition Round 8; all other metrics are averaged across Competition Rounds 1-8. Teams with the best ending value (e.g., highest average ROA) receive the highest rank (i.e., 6 if your industry has 6 teams), while teams with the lowest ending value receive the lowest rank (i.e., 1).
Example:
Team
|
Average ROA
|
Rank
|
Andrews
|
.73
|
1
|
Baldwin
|
6.73
|
6
|
Chester
|
6.1
|
5
|
Digby
|
3.5
|
3
|
Erie
|
1.0
|
2
|
Ferris
|
4.53
|
4
|
Question 2. Your team's rank is multiplied by the weights as specified in your Mission Tracking Document. Example:
Team
|
ROA Rank
|
ROA Weight
|
Weighted ROA Rank
|
Andrews
|
1
|
.12
|
.12
|
Baldwin
|
6
|
.12
|
.72
|
Chester
|
5
|
.12
|
.60
|
Digby
|
3
|
.12
|
.36
|
Erie
|
2
|
.12
|
.24
|
Ferris
|
4
|
.12
|
.48
|
Question 3. This process is repeated for all of the performance metrics listed in Step 1. The weighted ranks are then summed to create your Simulation Performance Score.
Example:
Andrews
|
Weighted Cumulative Profit Rank
|
.64
|
Weighted Market Share Rank
|
.60
|
Weighted ROS Rank
|
.30
|
Weighted ROA Rank
|
.12
|
Weighted ROE Rank
|
.18
|
Weighted Leverage Rank
|
.45
|
Weighted Stock Price Rank
|
.72
|
Weighted Contribution Margin Rank
|
.60
|
|
|
Simulation Performance Score
|
3.61
|
Simulation Performance Score 3.61
Question 4. Your Simulation Performance Score is added to your firm's Performance Improvement Score, which is Dr. DeBode's evaluation of how your firm's performance has improved across the Competition Rounds, such that: No Improvement (0), Minimal Improvement (1), Modest Improvement (2), Major Improvement (3), Massive Improvement (4).
Example:
Andrews
|
Simulation Performance Score
|
3.61
|
Performance Improvement Score
|
4.00
|
Total Score
|
7.61
|
Question 5. Your Total Score is divided by 10 (highest possible score) to calculate your percentage, which is multiplied into the available points as noted in the syllabus.