SIMULATION • WHAT is Simulation ? • WHY is Simulation required ? • HOW is Simulation applied ? • WHERE is Simulation used ? DEFINITION • Simulation is a representation of reality through the use of model or other device‚ which will react in the same manner as reality under a given set of conditions. • Simulation is the use of system model that has the designed characteristic of reality in order to produce the essence of actual operation. • According to Donald G. Malcolm‚ simulation
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A. The simulation model B. The number of patients treated every week and the waiting time for each patient | Number of patients treated | Waiting time for each patient (Min) | Outpatient department | 39 | 2465 | Inpatient department | 542 | 3616 | C. Some changes in the resource levels I. Each shift includes 2 admission secretaries | Number of patients treated | Waiting time for each patient (Min) | Outpatient department | 39 | 2515 | Inpatient department | 544
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This simulation game was developed by Sisk (1976). Basically‚ there are ten imaginary countries (Shima‚ Myna‚ Ila‚ Usa‚ Pam‚ Bonay‚ Shivey‚ Lani‚ Ranu and Bili) and each of these countries has three key elements to be considered: defense‚ resources and demography. The main purpose of this game‚ understanding the importance of negotiation and interdependence between countries. I would like to make some changes in the game for my class. Every student or group will choose their imaginary country.
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“The Day-Glo Color Corp. (DayGlo) is an American paint and pigments manufacturer. It was founded in 1946 by brothers Joseph and Robert Switzer and is currently owned by RPM International. DayGlo specializes in producing fluorescent paint and pigments‚ such as those
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Global Supply Chain Management Simulation Debrief Slides ©© Enspire Enspire Learning Learning and and Harvard Harvard Business Business School School (revised Dec 2010) 1 Board Members’ Objectives Member Objective Betty Forecasting: choice of options (consensus vs. mean) Doug Forecasting: choice of options (role of risk) Yvonne Stocking Levels: Weighing the costs of over/understocking Meryl Production flexibility: accurate response/ sourcing strategy (focus on flexibility) Paul Production
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The GloFish‚ a fluorescent red zebrafish sold as a novel pet‚ has become the first transgenic animal sold to U.S. consumers. Its sale has produced regulatory controversies‚ a lawsuit‚ and profits for its proponent‚ Yorktown Technologies (Austin‚ TX). With the market plan calling for sales in a widening number of countries‚ continuing controversy seems likely. A genetically modified glofish is a brand of genetically modified freshwater zebrafish. Scientists insert a fluorescent protein gene to the
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Market Structure Simulation Quasar Computers When industries are selling similar products this makes up market structure. I will be discussing economic profit that Quasar computer is able to make. The market structure is made of the following pure monopoly‚ pure competition‚ monopolistic competition‚ and oligopoly. In the simulation I learn about pricing and non pricing strategies and understanding the diverse market structure. Quasar put out a new first all-optical notebook that is called
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THE BUS IS LATE. waiting for the bus in the RAIN in the RAIN wh wh WAITING FOR THE BUS IN THE RAIN waiting for the bus in the rain in the rain wh wh waiting for the bus in the rain waiting for the bus in the RAIN in the RAIN wh wh WAITING FOR THE BUS IN THE RAIN waiting for the bus in the rain in the rain wh wh waiting for the bus in the rain waiting for the bus in the RAIN in the RAIN wh wh WAITING FOR THE BUS IN THE RAIN waiting for the bus in the rain in the rain wh wh waiting for
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1. What did you observe in inventory and back order levels when you play the game in uncoordinated and coordinated modes? What are the underlying reasons for the problems associated with uncoordinated decision-making? Based on the results you found in the previous part‚ list the potential benefits of coordination. (max 0.75 page) 2. What are the steps companies can take in order to reduce the problems associated with uncoordinated decision-making? Discuss also the potential implementation issues
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The Bailey Prospect[1] It is Thursday‚ May 18‚ 1988. Your assignment is to help Sprigg Lane Natural Resources evaluate the risks associated with a potential investment in the "Bailey Prospect‚" a natural gas opportunity in Doddridge County‚ West Virginia. Your colleague‚ Lisa Weatherford has done a thorough base-case analysis and constructed a spreadsheet model that you can use in your analysis. You and Lisa are financial analysts at Sprigg Lane Investment Corporation. Background Sprigg
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