The simulation wasn’t as intuitive as I thought at first; it took three tries and 20 steps in order to get the 61% buy in order to complete the simulation. There was one steps taken that gave a 0 or neutral buy‚ basically a waste of money and time. I quickly evaluated that in order to start a change process and achieve the buy in and support‚ activities need to be done in a certain order. I think the simulation does take into account the perceived human emotions surrounding change‚ however‚ it only
Premium Thought Change management Emotion
Name: Tresa Jellison RESULTS REPORT Date: 14 June 2015 Name: Tresa JellisonTresa JellisonTresa Jellison Email: tjellison38@yahoo.comtjellison38@yahoo.comtjellison38@yahoo.com Course: MKT/571MKT/571MKT/571 Instructor: Luis AmelinckxLuis AmelinckxLuis Amlelinckx SIMULATION TITLE: The Marketing Environment SIMULATION DESCRIPTION: Gerlach Publishing is a small publisher that exclusively publishes textbooks used in Colorado public schools. The Marketing Director at Gerlach is responsible for researching
Premium Marketing Term
SPREADSHEET MODELING AND SIMULATION Spring 2014 Instructor: Yanjun Li‚ office: KRAN 422‚ phone: 494-4525‚ e-mail: li14@purdue.edu Office Hours: Tuesday 1:00 – 4:00 pm‚ or by appointment. Course Packet: The course packet contains cases and readings from various sources. Textbook: David Hartvigsen‚ SimQuick: Process Simulation with Excel‚ 2nd Edition‚ Prentice Hall‚ 2004. (ISBN: 0-13-107880-1) References: Law‚ A. M. and W. D. Kelton‚ Simulation Modeling and Analysis
Premium Simulation Microsoft Excel Spreadsheet
Change management simulation As CEO and founder of Spectrum Sunglass Company‚ I want to bring a change in the company that can make the company and its products more environmentally sustainable. To do that‚ I need to convince 20 managers at Spectrum to adopt my initiative in 96 weeks. And I used 85 weeks to reach that goal. Here’s what I did. At the beginning‚ I want to let them be aware of this initiative as soon as possible‚ so my first 3 choices are to issue e-mail notice‚ walk the talk
Premium Harvard Business School Grammatical person Adoption
Working Capital Simulation FIN/571 May 18‚ 2015 Arnold Harvey Victoria Holmes This simulation has given me a better understanding of what managers and CEO’s go through when making decisions for the company. As I went through each simulation more than once to see what affects the decisions had on cash flows‚ sales and EBIT. In some situations they changed whether it dropped or risen‚ and others they were completely stagnant with their movement through each phase. Below I will point out how and why
Premium Accounts receivable Decision making Corporate finance
Quarter 3 was much more successful than both the prior quarters. In fact‚ our team ranked 2nd out of 9 teams during this quarter. Each KPI category was improved‚ yet there is still room for improvement. During quarter 3‚ $396‚500 was spend resulting in a balance of $388‚500 available for the final quarter. Our team continued to focus on our initial three decision factors‚ however we also decided to invest a little extra money in selection. Beginning with training‚ our team eliminated the employee
Premium Management Employment Motivation
Mobile Phone Simulation Pennsylvania State University Team C: Supply Chain Management 301 Professor Jang 05 December 2012 Abstract A simulation of two lines of mobile phones‚ that takes us from design to production and then to yearend sales result. It examines how different design‚ forecast and production affects yearend sales result. Then a board room will provide feedbacks on the result of the sales and productions‚ and what we should watch out for in the future. The simulation shows‚ how
Premium Mobile phone Board of directors Corporate governance
MKTG6020 Reflection on Simulation (Individual 30%) The important part of the simulation assignment is what you have learned from it. As such you will be required to reflect on the decisions you made and the outcomes. Some questions to help you structure and undertake this task are listed below‚ this is not an exhaustive list as they may be something in your experience that you feel is more important. You must provide rational for your decisions with reference to theory and explain what you
Premium Costs Management Generally Accepted Accounting Principles
April 2010 ‘The problems of Monte Carlo Simulation’ by David Nawrocki This article describes the problems associated with using the Monte Carlo Simulation Model as a tool for determining future investment outcomes for investors. The tool is widely used by Financial Advisors as a means of showing investors future returns on investments. The article discusses why the use of Monte Carlo Simulation in financial planning is difficult and can lead to incorrect decisions which can have a detrimental
Premium Simulation Computer simulation Investment
Benihana Simulation Analysis Harvard Business Publishing has created a computer simulation to replicate the operations management decisions facing Benihana. Benihana is a teppanyaki style restaurant franchise that focuses on bringing a theatrical dinning experience to its patrons. The layout of the restaurant consists of two seating areas: the bar and the dining area. The goal of this simulation is to maximize utilization‚ throughput time and the nightly profit using different batching‚ bar sizing
Premium Profit maximization Restaurant Profit