Beer Game Yuan Wang 1234 Retail Or Wholesaler Distributor Fa ✓ Solved

Beer Gameyuan Wang1234retailorwholesalerdistributorfactoryfac

The assignment involves playing the Beer Game, which simulates the supply chain dynamics between different roles: retailer, wholesaler, distributor, and factory. You will perform the following steps:

• Step 1: Get Delivery - Fill in the incoming delivery to your play sheet.
• Step 2: Get Order - Open a new order and fill it out in your play sheet. Combine the incoming delivery with your inventory to determine available finished goods. Calculate the total order as the sum of the new order and cumulative unfilled orders.
• Step 3: Prepare Shipping - Compare your total order (T) with available finished goods (A). If A is greater than T, your shipping quantity equals T. If A is less than T, your shipping quantity equals A. Update your new cumulative unfilled order accordingly.
• Step 4: Place Order - This is your decision point. Strive to satisfy your customer while managing costs effectively.

Paper For Above Instructions

The Beer Game is an engaging simulation that provides deep insights into the complexities of supply chain management. It involves various players, each representing different parts of the supply chain: retailer, wholesaler, distributor, and factory. Through the course of the game, players encounter fundamental principles of inventory management, demand forecasting, and the bullwhip effect, where small fluctuations in demand can cause increasingly larger fluctuations in supply chain inventory levels.

In conducting the game, we will focus on key steps involved in managing the supply chain effectively. The first step is to get delivery. Each player must accurately record incoming deliveries and update their play sheets. This is crucial for maintaining up-to-date inventory levels and ensuring that each participant knows the available resources at their disposal.

The next step involves managing orders. Players must open a new order and document it in their play sheets. Understanding the relationship between incoming deliveries and overall inventory is vital in this step. By calculating the total order, which is the sum of new orders and cumulative unfilled orders, players can strategize better on how much product to ship based on current conditions. This calculation is essential for ensuring that customer demands are met without overcommitting resources.

After orders are accounted for, players need to prepare for shipping. This step requires careful analysis and decision-making. By comparing total orders against available finished goods, players determine how many products they can effectively ship. The decision to ship either T (total orders) or A (available inventory) can significantly impact the flow of goods through the supply chain. Properly managing these shipments helps mitigate the risks associated with stockouts or excess inventory, both of which can be detrimental to supply chain efficiency.

Finally, the decision to place orders is a critical juncture in the game. Players must balance customer satisfaction with cost management. It is vital to satisfy customer demands to maintain strong relationships and avoid losing business, yet it is equally crucial to keep costs low to ensure profitability. This balancing act is at the core of supply chain management, illustrating the real-world challenges companies face.

The Beer Game not only serves as an educational tool but also emphasizes the importance of communication and collaboration between different parts of the supply chain. Each player must understand their role in the larger system and how their decisions affect others. By simulating the handoffs and dependencies that occur in a real supply chain, participants gain valuable experience in forecasting, inventory management, and strategic decision-making.

In conclusion, the Beer Game simulation provides an engaging platform for understanding the complexities of supply chain dynamics. By effectively managing deliveries, orders, and shipments while making strategic decisions, players enhance their understanding of real-world supply chain challenges. The skills and insights gained through this game can be applied to improve decision-making and operational efficiency in actual business scenarios.

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