Operations management – littlefield simulation

Operations management – littlefield simulation

due 11-09-16 no plagirisim –

For the Portfolio Project, you will engage in two iterations of the Littlefield Simulation, which involves managing a simulated factory environment. The simulation will take place on a website that you will enter with logon credentials to be provided to you in Module 2.

Your factory will have inputs, transformation processes, and outputs. You will have the ability to control certain parameters in the factory. Your objective will be to maximize the cash position of your factory, which is accomplished by minimizing the costs associated with inputs and the equipment used in the transformation processes, and maximizing output (which generates sales revenue).

In the simulation environment, one simulation day elapses for every hour in the real world. Each of the two iterations of the simulation will take one week in the real world, which translates to a much greater period of time in simulation days. The first iteration of the simulation will occur during Module 4, and the second will occur during Module 6. The simulation starts on Day 1 of each of these modules for all students, and simulation days elapse continuously for a week.

In the Option #1 Simulation Exercise, you will start with over $1M in cash; you will control only the number of machines in each station and the scheduling policy in Simulation Iteration 1. Then in Simulation Iteration 2, you will start with much less cash and will have control over lot size, pricing contract type for future orders, inventory reorder point, inventory reorder quantity, number of machines in each station, and scheduling policy.

This provides the opportunity to learn in a simplified operations environment before managing a more complicated operation.

However, you will not be able to directly compare your performance in Simulation Iteration 1 to that in Simulation Iteration 2, because the controllable parameters and starting cash positions will be significantly different.

In the Option #2 Simulation Exercise, both iterations of the simulation will be identical in terms of starting cash amount and controllable parameters. In both, you will start with approximately $100,000 in cash and will control lot size, pricing contract type for future orders, inventory reorder point, inventory reorder quantity, number of machines in each station, and scheduling policy.

This provides the opportunity to directly compare your final cash position results in the two iterations and to effectively have a second try at managing the exact same operation.

However, there will be a high level of complexity in both iterations of the simulation in terms of the number of parameters you can control.

Submit a 1-page paper to the Portfolio Project submissions area for Module 1 in which you:

  1. Indicate which Portfolio Project option you have selected for this course.
  2. Confirm that you have read the instructions for the Littlefield Simulation at the following URL: http://lt.responsive.net/lt/demo/littlefield.html.
  3. Confirm that you have read the instructions for each Interim Portfolio Project assignment throughout all modules of the course.
  4. Confirm that you have read the instructions found in Module 8 for the final Portfolio Project deliverable.

Calculate the price of your order

Select your paper details and see how much our professional writing services will cost.

We`ll send you the first draft for approval by at
Price: $36
  • Freebies
  • Format
  • Formatting (MLA, APA, Chicago, custom, etc.)
  • Title page & bibliography
  • 24/7 customer support
  • Amendments to your paper when they are needed
  • Chat with your writer
  • 275 word/double-spaced page
  • 12 point Arial/Times New Roman
  • Double, single, and custom spacing
  • We care about originality

    Our custom human-written papers from top essay writers are always free from plagiarism.

  • We protect your privacy

    Your data and payment info stay secured every time you get our help from an essay writer.

  • You control your money

    Your money is safe with us. If your plans change, you can get it sent back to your card.

How it works

  1. 1
    You give us the details
    Complete a brief order form to tell us what kind of paper you need.
  2. 2
    We find you a top writer
    One of the best experts in your discipline starts working on your essay.
  3. 3
    You get the paper done
    Enjoy writing that meets your demands and high academic standards!

Samples from our advanced writers

Check out some essay pieces from our best essay writers before your place an order. They will help you better understand what our service can do for you.

Get your own paper from top experts

Order now

Perks of our essay writing service

We offer more than just hand-crafted papers customized for you. Here are more of our greatest perks.

  • Swift delivery
    Our writing service can deliver your short and urgent papers in just 4 hours!
  • Professional touch
    We find you a pro writer who knows all the ins and outs of your subject.
  • Easy order placing/tracking
    Create a new order and check on its progress at any time in your dashboard.
  • Help with any kind of paper
    Need a PhD thesis, research project, or a two-page essay? For you, we can do it all.
  • Experts in 80+ subjects
    Our pro writers can help you with anything, from nursing to business studies.
  • Calculations and code
    We also do math, write code, and solve problems in 30+ STEM disciplines.

Frequently asked questions

Get instant answers to the questions that students ask most often.

See full FAQ
    See full FAQ

    Take your studies to the next level with our experienced specialists

    Hello, we are online 24/7. Leave a message we will reply instantly