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Get Full Essay Get access to this section to get all help you need with your essay and educational issues. Littlefield Simulation Essay Sample Executive Summary Our team operated and managed the Littlefield Technologies facility over the span of simulated days.
We did intuitive analysis initially and came up the strategy at the beginning of the game. And then we applied the knowledge we learned in the class, did process analysis and modified our strategies according to the performance results dynamically.
We have reinforced many of the concepts and lessons learned in class and had a better understanding of the operation of the Littlefield Technologies facility and how certain modifications would affect the throughput and lead time. To achieve this goal, our team did the initial planning by using 50 days of historical data.
On the one hand, we ran the regression analysis for demand and anticipated the increasing of the demand in the next days. We also calculated mean with 2. We noticed the demand fluctuated a lot. Table 1 On the other hand, we reviewed the utilization, queue size for each machine, checked the revenue, completed jobs and lead time data.
After identifying the bottleneck, We decided to purchase machine in station 1 first on Day 51 to see how this modification action would affect the factory operation. We tried to adjust various parameters not to lose money, at the same time, make money as much as possible for factory.
As we have more data being provided, we ranredo regression analysis constantly to forecast the orders. We did the following parameter changes when operating factory: Changing Contract Terms Ts: After an analysis on marginal benefit and marginal cost, But we immediately decided to changed thechoose Ccontract number to 2 as theits speed to make money is much faster.
Since our goal is to maximize the cash position and it is costly to buy a new machine, we decided to invest in a conservative way—we only buy machines when it becomes bottleneck.
Be more specific, we use lead time to decide whether capacity is constraint or not. And then, we identify the bottleneck based on utilization. For example, In the beginning, we are conservative to buy machines and wewe only buy machine s when it has becomes bottleneck: Those reactive e machine buying strategies y happened before Day On Daywe changed our conservative machine buying stratifies into aggressive strategies based on did some revenue data analysis: And on Dayand Daywe immediately bought machine for station 2 and 1 again when the stationsit becomes bottle neck or when lead time is more than 0.
We changed lot size for 3 times. This was a big mistake we made.
We kept alive monitoring and found that this strategy which worked well. Changing the way Station 2 is scheduled: We changed several times for the scheduling of Station 2.
If the queue for Station 3 is high, in order to finish the job quickly, we set it to Priority 4.
If the queue for Station 2 is high, we set the priority to 2 2 to increase the initial test. Exit Strategy After we bought machine for Station 1 on Dayour factory runs pretty wellsmoothly and we did not monitor as much frequent as before.View Notes - Littlefield-SimulationReport from OPMG at University of New South Wales.
Littlefield Simulation Report Team: awesome Team member: Ge Yin Joshua Stephens Michael Buchanan MingJing98%(55).
2 Short Essay Examples That Are Easy to Digest Here are two short essay examples to help you see what the finished product looks like. I’ve also made a few comments within the essays to help you see what works and what doesn’t work in a short essay. The Wizard of Oz Essay example. Littlefield Essay.
queue and what was too high of utilization. If we had been a bit more patient and waited for more data before buying machines, we wouldn't have lost to FabFive in the end.
Lead Time Management at Littlefield Labs Essay. Read this essay on Littlefield Technologies Game 2.
Come browse our large digital warehouse of free sample essays. Get the knowledge you need in order to pass your classes and more. Only at benjaminpohle.com". Free Essay: Executive Summary Our team operated and managed the Littlefield Technologies facility over the span of simulated days.
Our team finished the. Read this essay on Littlefield Game Report. Come browse our large digital warehouse of free sample essays. SOMETIMES THEY TAKE A FEW MINUTES TO BE PROCESSED. Written Assignment: Analysis of Game 2 of Littlefield Technologies Simulation Due March 14, am in eDropbox Your group is going to be evaluated in .