Littlefield Lab. DOCX. Littlefield Simulation - Appendix 7. You will get a spreadsheet with one column. Planning For and Recruiting Employees RECRUITAGORIES GAME RULES: Are My Recruits Asking The Right Questions? cost of machines typically. Littlefield Simulation. Littlefield Game Solution. Contract Selection Decision cashcow, Blue cohort Anita Lal, Ketaki Gangal, Jaimin Patel, Kamal Gelya Decision Analysis Day 71: Contract 2 Based on job lead times Day 89: Contract 1 Little’s Law: Average Flow Time = Average Inventory (day 1-88) / Average Flow Rate (11.15 kits/day) = 4.13 Days. Written Assignment: Analysis of Game 2 of Littlefield Technologies Simulation Due March 14, 8:30 am in eDropbox Your group is going to be evaluated in part on your success in the game and in part on how clear, well structured and thorough your write-up is. Littlefield Assignment 2: MK Restaurant On the first 50 days of operation management, we have 91 jobs left with average daily demand of 7.06 or 423.6 kits. Presentation on theme: "Littlefield Technologies Simulation Team Project: managers at an assembly shop 12 Little's Law: more powerful than you think. 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. So if your last piece of inventory was used during the day, it would give you a precise time when that happened. Little Field Simulation Going into this game our strategy was to keep track of the utilization for each machine and the customer order queue. Thus, as the quantity ordered increases, the annual setup or ordering cost will decrease. END GAME EXECUTION At the end, we decided the safest contract to end the last 100 days was contract 1, where we would be certain of meeting our orders. Written Assignment: Analysis of Game 2 of Littlefield Technologies Simulation Due March 14, 8:30 am in eDropbox Your group is going to be evaluated in part on your success in the game and in part on how clear, well structured and thorough your write-up is. ECO365 Week 2 Simulation  Simulation ECO/365 Simulation The supply and demand factors are essential to the work of economics. Cannot commit 1 day of contract 2. ev ev Littlefield Simulation Report: Team A Ending Cash Balance: $1,915,226 (6th Place) Return On Investment: 549% ROI=Final Cash-Day 50 Cash-PP&E ExpenditurePP&E Expenditure→ 1,915,226-97,649-280,000280,000=549% Analysis of the First 50 Days The Littlefield Technologies management group hired Team A consulting firm to help analyze … amount of days simulation lasts. Littlefield Simulation 2658 Words | 11 Pages. This is the presentation of Littlefield Simulation. Krishan Soni '08Joint degree candidate, Yale Medical SchoolWe did a short factory simulation, called the Littlefield Simulation, in the Operations Engine class taught by Art Swersey. kristencummins. From the very get go we knew that our output was lower than demand. Littlefield Simulation 2 Strategy 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. Hire verified expert $35.80 for a 2-page paper. Download Full PDF Package. Contract #1 is $750. 1-1-1. starting machine configuration in Simulation 1. Created by. The use of these demand curves help businesses to maximize profits and the supply curve depicts the best price for the most product. Test. Littlefield Technologies Simulation 1 Summer 2012 Team 300: Chelsea Koo, Chris Kim, Hee-Yoon Choi, Quentin Hsu, Taryn McNamee Strategy description Revenue maximization: Our strategy main for round one was to focus on maximizing revenue. Work in groups ; … It should not discuss the first round. Littlefield Report 2 - Winner 1st; Harvard University; MGMT 3308 - Fall 2013. Littlefield Simulation Report Continued Question Title * Q4. Match. Littlefield Technologies Game 2 Strategy ... = = √(2/ ) This would give us the optimal order size. Write. PAGE 12 LITTLEFIELD SIMULATION - GENERAL WRITE-UP EVALUATION. Your factory will have inputs, transformation processes, and outputs. 1. Littlefield Simulation Report Ⅱ Team: awesome Team member: Ge Yin Joshua Stephens Michael Buchanan MingJing Chen Tian Bai 1. Littlefield-Simulation-2-Report. Through the game, we learnt how to analyse our production numbers and plot strategies to tackle the demand that was constantly changing. Download PDF. Labor Shortages and surpluses Examples Percentage of Hires for Companies If I were to start in this position right away, what is the single biggest contribution I could starting cash position for both simulations. Enjoy the videos and music you love, upload original content, and share it all with friends, family, and the world on YouTube. Littlefield Simulation 2: Occupylittlefield With our second littlefield simulation complete, we have reinforced many of the concepts and lessons learned in class. Initial reading is to get a rough idea of what information is provided for the analyses. It has been successfully used at the graduate and undergraduate level by thousands of students at more than a dozen universities. $90-100K. Littlefield Report 2 - Winner 1st . 3 pages. LittleField Simulation 1 & 2 Overview. Littlefield Simulation Analysis Littlefield Initial Strategy When the simulation first started we made a couple of adjustments and monitored the performance of the factory for the first few days. 9 Full PDFs related to this paper. Initially we set the lot size to 3x20, attempting to take advantage of what we had learned from the goal about reducing the lead-time and WIP. There was 100% capacity at Station 1 when priority 4 at station 2. Those are the contracts. Timeline ; Goal ; Process ; Information Available ; Decision Variables; 3 Timeline. The write-up only covers the second round, played from February 27 through March 3. Then plot data and then click download. LITTLEFIELD SIMULATION LITTLES LAW. Littlefield simulation 2 strategy sunday, july 17, littlefield technologies in ryan littlefield executive summary sha and the technologies used to hack them. Flashcards. Initially, fast reading without taking notes and underlines should be done. We had a better understanding of the operation of the littlefield facility and how certain modifications would affect the throughput and lead time. 5 pages. Download PDF Package. It was easily identified that major issues existed in the ordering process. 2. Learn. Finally on day 150 we try an all in strategy spending 160000 in 1 machine for; The University of Sydney; QBUS 2330 - Fall 2015. Title: Littlefield Simulation 1 Littlefield Simulation 2 Agenda. Littlefield Technologies. Key Concepts: Terms in this set (37) $1M. Littlefield Technologies is a factory simulator that allows students to compete with each other over the web while developing operations management skills. We did not want the revenue to ever drop from $1000, so we took action based on the utilization rates of the machines. For the Portfolio Project, you will engage in two iterations of the Littlefield Simulation, which involves managing a simulated factory environment. Littlefield Simulation II Essay Sample. Free PDF. Premium PDF Package. However, to purchase more machine, we have to think it carefully and make our plan in long run. Littlefield Simulation Write-up (1) Jorge Ortiz. This paper. Get a verified expert to help you with Littlefield Technology Game Capacity. Different with the Littlefield simulation Ⅰ, in Littlefield simulation Ⅱ there are three kinds contract for order we can choose. Situation Analysis: When the Littlefield simulation began, it was already past 50 days as Ⅱ simulation Ⅰ did. We had a better understanding of the operation of the littlefield facility and how certain modifications would affect the throughput and lead time. LittleField Round 2 The second time through playing the Littlefield game was much more planned and the attention we gave the game much more deliberate. Strategy. STEP 2: Reading The Littlefield Simulation Harvard Case Study: To have a complete understanding of the case, one should focus on case reading. Provide a formula for the capacity utilization of each station as a function of the average daily demand rate D (in orders per day), the lot size L (in kits per lot), the number of machines at that station M, the setup time per lot S (in hours) and the operation time per unit O (in hours). 11 - 20 of 500 . We decided to increase the capacity of the factory so that we could eventually switch to contract #3, which gives the most possible revenues. To accomplish all of these jobs, we have to buy more machine because at that day we have only 3 machine; one for each station is not enough. Littlefield Simulation 2: Occupylittlefield With our second littlefield simulation complete, we have reinforced many of the concepts and lessons learned in class. Click on one of the stations, for example. Stage 1- We knew that the hang up was at both station 1 and station 3. Based on our success in the last Littlefield Simulation, we tried to utilize the same strategy as last time. Question #1 What action did your team take during days 50 to 218? To correct the inventory policy, we want to find the optimal ordering quantity based on the calculation EOQ= √2 DS H . SIMULATION 2 ADAIR GALLO JUNIOR BARBARA BEDRAN FRANK ROSS JIAYING GAO ZACHARY NOLTE FACTORY LAYOUT OBJECTIVES To make money To be efficient OBJECTIVES ACTIONS WE TOOK TO ACCOMPLISH OUR OBJECTIVES Reduce queues Make sure there were always raw materials available Get the best contract (Numer 3) with the maximum revenues Reduce lead … PLAY. STUDY. A good friend of mine, Gene Lee, is excited about operations, and we both had a really good Check my other videos to understand the whole simulation and case report: Check my other videos to understand the whole simulation … 3. It is said that case should be read two times. LITTLEFIELD. Art mentioned that MIT does an international operations competition, and that put the seed in our minds. Spell. The simulation will take place on a website that you will enter with logon credentials to be provided to you in Module 2. PDF. PDF. As the quantity ordered increases, the total number of orders place per year will decrease. We tried not to spend our money right away with purchasing new machines since we are earning interest on it and we were not sure what the utilization would be with all three of the machines. Littlefield is a discrete event simulation. 268 days . Download Free PDF. 9 pages. Our strategy was to obtain a stable utilization rate throughout all machines to prevent incurring any late penalty. "Littlefield Simulation 2 Strategy" Essays and Research Papers . A short summary of this paper. Gravity. Our goals were to minimize lead time by reducing the amount of jobs in queue and ensuring that we had enough machines at each station to handle the capacity. The write-up only covers the second round, played from February 27 through March 3. It should not discuss the first round. 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