This post is brought to you by little dashboard, a service to monitor your factory and email. These receivers are assembled from kits of electronic components procured from a single supplier. Littlefield technologies simulation game 2 strategy. No software needs to be installed to use the simulator. Littlefieldsimulation2report littlefield simulation. Daily demand 1,260 kits rop to satisfy 99% 5,040 game 2 strategy. Institutions that use the software must remit a fee to rlt for the administration of the software on the server. Littlefield simulation essay sample executive summary. Our team operated and managed the littlefield technologies facility over the span of 1268 simulated days.
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. These reports enable factory managers to quickly assess performance and make littlefield strategy decisions. I am absolutely convinced that the success of my team in the littlefield game was due to our ability to make rapid decisions. Capacity management at littlefield technologies background in early january, littlefield technologies lt opened its first and only factory to produce its newly developed digital satellite system dss. Operations management forecasting objectives introduce the basic concepts of forecasting and its importance within an. Students learn how to maximize their cash by making operational decisions. Capacity management at littlefield technologies ba. Little field simulation going into this game our strategy was to keep track of the utilization for each machine and the customer order queue. We did intuitive analysis initially and came up the strategy at the beginning of the game. At the end of the final day of the simulation we had 50 units of inventory left over cash balance.
Littlefield simulation 2 executive summary buying and selling machines the dreamteam machine 3 machine 2 machine 1 started with 1 machine 1 machine bought no machines sold started with 3. All machines and inventory remaining on day 268 have zero value. Littlefield simulation ii based on our success in the last littlefield simulation, we tried to utilize the same strategy as last time. Rdb inventory management software blog littlefield. From the change in the cash amount you can determine the size of your competitions inventory purchase. Demand quantity of inventory used or sold each day 2. Apr 16, 2019 at day 218, you lose control of the lab, and the simulation will quickly run another 50 days of simulation. Safety stock the quantity of inventory kept on hand incase there is a unpredictable event like delays in lead time or unexpected demand. May 18, 2018 this is a tour to understand the concepts of little field simulation game.
Littlefield simulation 2 economic growth inventory. Learn vocabulary, terms, and more with flashcards, games, and other study tools. Littlefield simulation littlefield technologies is the online system presentation softwares with a discrete function of the simulator which can hold the operation of a complete factory that i view the full answer. Contract selection decision cashcow, blue cohort anita lal, ketaki gangal, jaimin patel, kamal gelya decision analysis day 71. Average flow time average inventory day 188 average flow rate 11. When considering the demand level and changes, we would configure a time series of that. So the reorder quantity was very less because the lead time was 4 days and with average demand of the inventory in hand would be finished in 2 days. The title implies that we should be concerned about the consistency with which we deliver on our service level agreements slas. The winning team was the one that finished 250 simulated days of operation with the most money. Production planning and inventory control ctpt 310 littlefield simulation executive report arlene myers. Our products are software that runs on servers owned and maintained by us.
Lead time time in days it takes for an order to arrive when an order is placed 3. Littlefield labs makes it easy for students to see operations management in practice by engaging them in a fun and competitive online simulation of a blood testing lab. Wood and sunil kumar, stanford university graduate school of business. Ge yin joshua stephens michael buchanan mingjing chen tian bai 1. When the littlefield simulation began, it was already past 50 days as. The second littlefield simulation game focused on lead time and inventory management in an environment with a changing demand but the longrun average demand will not change over the. Littlefield game solution case study solution case study. The title of the littlefield technologies game 2 is customer responsiveness. Key decisionspoints sum of the averages method determine that to achieve 1.
Clicking on the above icons will also enable you to change certain features of the factory such as the. The account includes the decisions we made, the actions we took, and their impact on production and the bottom line. The second littlefield simulation game focused on lead time and inventory management in an environment with a changing demand but the longrun average demand will not change over the products 268day lifetime. We tried to get our bottleneck rate before the simulation while we only had limited information. Simulation 2 adair gallo junior barbara bedran frank ross jiaying gao zachary nolte factory layout objectives to make money to be efficient objectives. Anylogic personal learning edition ple is a free simulation tool for the purposes of education and selfeducation. There is another consideration in the decision to purchase a fifth machine for station 1. Littlefield game solution case study solution case. Apr 19, 2007 the littlefield technologies simulation was designed to teach basic concepts of operations, such as capacity planning, scheduling, and inventory management. Nick freeth, emanuel martinez, sean hannan, hsiangyun. Analysis littlefield simulation analysis littlefield.
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. Stanford has licensed the simulator to responsive learning technologies, which has implemented it in a way that multiple universities can access it over the web. Littlefield technologies was developed by sunil kumar and samuel c. Our main tool was the automated email reports from little dashboard that contained all the simulation indicators for each day day, such as utilization for each machine, inventory, etc. Littlefield simulation report essay 1541 words bartleby. This is a tour to understand the concepts of little field simulation game. Capacity management at littlefield technologies background in early january, littlefield technologies lt opened its first and only factory to produce its newly developed digital satellite system dss receivers. The lt factory began production by investing most of its cash into capacity and inventory. During the cash building stage, we made the inventory order quantity as high as we could afford, which was 6,900 kits at a purchase price of. 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. Apr 05, 2016 littlefield simulation signup and relevant information. Time series are important because they are often the drivers of decision models. Business april 29, 2009 managing a short product life cycle at littlefield labs background in early january, littlefield labs ll opened its first.
Thus, we had to increase the capacity, change the rop, change reorder quantity to eoq and finally calculate th. Initially we set the lot size to 3x20, attempting to take advantage of what we had learned from the goal about reducing the leadtime and wip. Thus, we had to increase the capacity, change the rop. 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 times in order to fulfill contract number 3 job. These receivers are assembled from kits of electronic components. It was easily identified that major issues existed in the ordering process. We could improve it by adding some numbers using the concepts from class since you are focusing on the process control, it would be best if we. Littlefield technologies game 2 strategy group 28 customer. Team pakistan 0 p a g e operation management littlefield technologies a report submitted to dr. Nov 22, 2012 inventory control ctpt 310 littlefield simulation executive report arlene myers. Capacity management the following is an account of our littlefield technologies simulation game. Safety stock the quantity of inventory kept on hand incase there. Ith stratics networks precisepoll software littlefield. When you lose control of the lab, management expects you to leave the lab parameters set to maximize the lab cash position when the lab shuts down on day 268.
Introduction to forecasting for the littlefield simulation. This post is brought to you by little dashboard, a service to monitor your factory and email you uptodate results. Lt mainly sells to retailers and small manufacturers using the dsss in more complex products. When considering the demand level and changes, we would configure a time series of that data using short range forecasting. Managing a short product life cycle at littlefield labs 4 icons on the littlefield technologies web page. The assembly process consists of four steps carried out at 3 stations called board stuffing, testing and tuning. Alexey rasskazov on 03052016 by ahmed kamal webster university thailand 2. Forecasting littlefield laboratories free download as powerpoint presentation. E expenditure 1,915,22697,649280,000280,000549% analysis of the first 50 days the littlefield technologies management group hired team a consulting firm to help analyze and.
Anylogic is the only generalpurpose multimethod simulation modeling software. Analysis of an economic order quantity and reorder point. Check out my presentation for reorder point formula and order quantity formula to optimize the inventory. Overview introduction littlefield technologies is a job shop which assembles digital satellite system receivers. Xbar analysis determine rate of inventory usage and found it was compressing until day 180, at that time it began to increase for two. The littlefield technologies simulation was designed to teach basic concepts of operations, such as capacity planning, scheduling, and inventory management. Specifically, on day 0, the factory began operations with three stuffers, two testers, and one. Littlefield labs getting started and capacity quizlet. Check out my presentation for reorder point formula and order. Stanford has licensed the simulator to responsive learning technologies, which. Littlefield technologies game 2 strategy group 28 1.
Littlefield simulation 2 executive summary buying and selling machines the dreamteam machine 3 machine 2 machine 1 started with 1 machine 1 machine bought no machines sold started with 3 machines no machines bought no machines sold sara alakkad fiona forsyth pat reda nick. We had a better understanding of the operation of the littlefield facility and how certain modifications would affect the throughput and lead time. Our main tool was the automated email reports from little dashboard that. We began our analysis by searching for bottlenecks that existed in the current system. A guide to forecasting for the littlefield laboratories case. Littlefield simulation case study solution case study. Yale som team wins international operations competition. When the 6,900 kits were delivered, we switched the order. Managing a short product life cycle at littlefield labs. Occupylittlefield with our second littlefield simulation complete, we have reinforced many of the concepts and lessons learned in class.
1303 638 1032 1255 821 1153 597 77 1039 1073 719 568 1208 1032 745 296 1466 1369 1233 1501 50 741 1121 81 897 676 560 553 1483 1328 257 715 132 415 279 45 335 248