ADMS 3502 Lecture Notes - Lecture 5: Muesli, Rolled Oats, Dried Fruit
13 Dec 2019
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Document Summary
The erp simulation game is an innovative learning by doing approach to teaching. During this game students run a business with a real life erp. Students operate a firm in a make to stock manufacturing supply chain context and must interact with suppliers. The 3 scenarios are introduction, extended and advanced scale in level of business difficulty. Introduction scenario in particular exploits the round by round nature of the game. Round 1, teams only have to focus on selling their stock of finished product. Round 2, we add production, teams transform their available stock of raw materials into finished product and keep on selling. Round 3, teams will have learned the basic operational transaction of the entire manufacturing game. The extended scenario adds product design, finance, and investment strategy to the scope of the introduction scenario. Multiple customers markets are introduced exhibiting variations in behaviour as well as fluctuating raw materials prices.
