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Play the beer game through "Beer Game Online Playing Link" under Beer Game folder. Answer the following questions with as much details as possible:
1. Play "Novice" different level at least twice, and write down in which week you achieve balance in these two rounds. How did you try to improve that. (Feel free to play multiple rounds if you want, the best I saw is a student achieve balance in WEEK 5)
2. From your understanding, what is beer game? What is the objective for beer game?
3. Think about the whole supply chain, what you can do to improve performance of beer game as a whole chain instead of one member.
The cost of buying new piece of machinery is $10,000. This price is not expected to change in next decade. Our goal is to determine optimal replacement policy
explain in detail how two other factors specific to this company might make it difficult to evaluate the financial impact of this strategy.
An integral part of Six Sigma is:
The occupational safety and health administration promulgates safety and health standars.
This change needs to be a positive and more work efficient one that will force employees to abide by a high standard.
A manufacturing firm produces two products. Each product must undergo an assembly process and a finishing process.
Illustrate what is the Yearly cost for ordering item X. (Round your answer to 2 decimal places. Omit the "tiny_mce_markerquot; sign in your response.) Yearly cost for ordering item $. Illustrate what is the Yearly cost for storing item X.
How could benchmarking be used in your place of employment? Does it rate as a viable tool for future development?
A common refrain among executives is “People are our most important asset.”
Setting up the light production cast $50. The cost of each light is $1. The holding cost is $0.10 per light per year. What is the average setup cost per year?
Associated Grocery Stores (AGS) has always used paper bags for sacking groceries in its chain of retail supermarkets.
Traditionally, the managerial function of controlling is not to be confused with control in the behavior or in the manipulative sense.
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