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  • Order Size (Your Decision) : Week Beginning Inventory Ending Inv of Last Week Inventory After Order Placement

    Uploaded by

    Aravind Nair
    6 views4 pages
    This document appears to be a simulation exercise for inventory management over 12 weeks. It includes inputs for order size, inventory, demand, and costs. However, most of the data values are listed as "Err:508", indicating errors in the data. The objective and rules of the simulation are described but the missing or erroneous data prevents any meaningful summary of the results.

    Original Description:

    Inventory supply management game

    Original Title

    Inventory Game 1

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    © © All Rights Reserved

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    This document appears to be a simulation exercise for inventory management over 12 weeks. It includes inputs for order size, inventory, demand, and costs. However, most of the data values are listed as "Err:508", indicating errors in the data. The objective and rules of the simulation are described but the missing or erroneous data prevents any meaningful summary of the results.

    Copyright:

    © All Rights Reserved
    Download as XLSX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    6 views4 pages

    Order Size (Your Decision) : Week Beginning Inventory Ending Inv of Last Week Inventory After Order Placement

    Uploaded by

    Aravind Nair
    This document appears to be a simulation exercise for inventory management over 12 weeks. It includes inputs for order size, inventory, demand, and costs. However, most of the data values are listed as "Err:508", indicating errors in the data. The objective and rules of the simulation are described but the missing or erroneous data prevents any meaningful summary of the results.

    Copyright:

    © All Rights Reserved
    Download as XLSX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    of 4

    Section: ___ 12 PM ___4PM

    Names:
    Group: _________________

    Week

    Beginning
    Order size (your
    Inventory after
    inventory = ending
    decision)
    order
    placement
    inv of last week

    10

    Err:509

    Err:508

    Err:509

    Err:508

    Err:509

    Err:508

    Err:509

    Err:508

    Err:509

    Err:508

    Err:509

    Err:508

    Err:509

    Err:508

    Err:509

    Err:508

    Err:509

    10

    Err:508

    Err:509

    11

    Err:508

    Err:509

    12

    Err:508

    Err:509

    TOTAL

    Err:508

    Dem

    Holding c
    Order
    Purcha

    1. You choose (1) how much to order, an


    2. All dem

    Section: ___ 12 PM ___4PM


    Names:
    Group: _________________

    Demand

    Ending inventory =
    post-order inv demand

    Unsatisfied
    demand (must
    be 0)

    Err:508

    Err:508

    Err:508

    Err:508

    Err:508

    Err:508

    Err:508

    Err:508

    Err:508

    Err:508

    Err:508

    Err:508

    Err:508

    Err:508

    Err:508

    Err:508

    Err:508

    Err:508

    Err:508

    Err:508

    Err:508

    Err:508

    Err:508

    Err:508

    Err:508
    Game setting
    Demand = 1 ton per week
    12 weeks in total.
    Holding cost = $1 per ton per week
    Ordering cost = $8 per order
    Purchasing cost = $50 per ton

    Game rules
    ow much to order, and (2) whether to order at the beginning of each week.
    2. All demand must be satisfied.

    Section: ___ 12 PM ___4PM


    Names:
    Group: _________________

    Ordering cost
    $8/order

    Purchase cost =
    $50 x order size

    Holding cost =
    $1 x avg. inv

    Total costs

    $8.0

    $500.0

    Err:508

    $517.5

    $0.0

    $0.0

    Err:508

    Err:508

    $0.0

    $0.0

    Err:508

    Err:508

    $0.0

    $0.0

    Err:508

    Err:508

    $0.0

    $0.0

    Err:508

    Err:508

    $0.0

    $0.0

    Err:508

    Err:508

    $0.0

    $0.0

    Err:508

    Err:508

    $0.0

    $0.0

    Err:508

    Err:508

    $0.0

    $0.0

    Err:508

    Err:508

    $0.0

    $0.0

    Err:508

    Err:508

    $0.0

    $0.0

    Err:508

    Err:508

    $0.0

    $0.0

    Err:508

    Err:508

    Err:508

    Err:508

    Err:508

    Err:508

    e beginning of each week.

    12

    10

    0
    1

    10

    11

    12

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