the best modeling approach. In the field of supply chain modeling‚ one dilemma that a corporation faces today is whether optimization‚ simulation‚ or a hybrid model (combination of optimization and simulation) is a better option to pursue. In this paper‚ we fundamentally distinguish the two modeling approaches – Supply Chain Optimization vs. Supply Chain Simulation‚ and the scenarios where the each option should be employed. Overview Optimization focuses on finding the optimal solution from millions
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Simulation Study Pilkington Library Main Issuing Desk Abstract: This paper investigates the activity of the main issuing desk at the 3rd floor of Pilkington Library during weekdays between 5 and 6pm. The aim is to find ways of minimizing queuing times and respond to flexibility in demand. Two sets of data have been analysed and transposed into a simulation study using the Simul8 software package. The results of the simulation are presented in support of our optimization proposals. Introduction
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There was a dilemma regarding sustainable economic development in my company‚ Spectrum Sunglass Company. Due to the request of “green” from Bigmart‚ which was the largest retail customer‚ my company should have decided whether its strategy plan needed to be adjusted. I was the Director of Product Innovation within the R&D unit‚ in addition to being a resolute advocate for reducing the company’s dependence on petrochemical raw materials. However‚ much resistance took place. I had 96 weeks to persuade
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Abstract— Simulation in robotics research is the one of most beneficial ways of evaluating robot motion before implementation in real platform. The motion planning is one of important things to win a robotic soccer game and A* algorithm is the one of best algorithm for path planning. This paper discusses about robot soccer simulator for robot soccer player motion for monitoring feasibility of using A* algorithm in dynamic system for generate best path for robot soccer player to avoid it’s opponent
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| Johnson Beverage Inc | Case Analysis | | Holly Redden‚ Claudia Nunez | 11/7/2012 | An in depth analysis of the current costing methods used by the beverage distribution company‚ Johnson Beverage Inc. | Table of Contents: Executive Summary…………………………………………………………………………………………………………………………………1 Problem Statement………………………………………………………………………………………………………………………………...1 Analysis …………………………………………………………………………………………………………………………………………………..1 Impact Analysis ………….…………………………………………………………………………………………………………………………
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high-end combination of product attributes with very high base cost‚ but its attributes do not meet the needs of any customer group‚ and it only achieves minor market share. Therefore‚ we used the following strategies to make the decisions. STP analysis (Segmentation‚ Targeting‚ Positioning) The customers in Sonite market can be divided into five segments: Buffs‚ Singles‚ Professionals‚ High-earners and Others. Each segment has certain characteristics‚ which can be seen from their ideal values
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Littlefield Simulation Write-up December 7‚ 2011 Operations Management 502 Team 9 Littlefield Lab We began our analysis by searching for bottlenecks that existed in the current system. It was easily identified that major issues existed in the ordering process. Without calculations‚ you could tell the reorder point was too low since the historical plots showed inventory levels at zero for two or more days at a time. The number of jobs in customer orders showed correlating spikes at the same
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(Lecture Dates) Topic Reading Assignments Tutorial Assignments 1 12 Aug Introduction to the Course. Introduction to Marketing Chapter 1 None 2 19 Aug Marketing Planning Process Chapters 2‚ 22 None 3 26 Aug Environmental Analysis Competitor Analysis Chapter 3 Tutorial 1 (Week 3 or 4) 4 2 Sept Consumer Buying Behaviour Chapters 5 5 9 Sept Business Buying Behaviour Marketing Research Chapters 6‚ 8 Tutorial 2 (Week 5 or 6) Individual Assignment One 6 16 Sept Marketing
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QUEENSLAND UNIVERSITY OF TECHNOLOGY Assessment 2 BSB126 Practice Marketing Simulation An Individual Analysis of Team 45F Advertising Decisions An individual analysis of the marketing decisions made by Team 45F throughout turns 1 to 2 in the practice marketing simulation. In particular this report will focus on the selection of advertising mediums throughout the initial phase of product launch. What Were the Implications of the Advertising choices for Team 45F from Turn
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is to making buy or sell decisions of financial assets by attempting to predict future market price movements. The prediction is based on an outlook of market or economic conditions resulting from technical or fundamental analysis. Also we another strategy is to analysis base on performance of a particular financial asset. The start-up fund was divided into six parts: 10% cash‚ 5% mutual funds‚ 55% stocks‚ 30% bonds‚ and may vary by+/-5%. Given the short time frame‚ liquidity is a concern
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