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Based on the beer game exercise prepare a summary that contains the following: Start by describing from your designated positions in the logistic chain how
Based on the beer game exercise prepare a summary that contains the following:
- Start by describing from your designated positions in the logistic chain how the demand behaved and what was your strategy for dealing with that demand.
- Calculate and plot the different costs: holding, shortage and total cost
- Based on the previous calculations describe what is the effect of lead time, demand distortions, and miscommunication between the different levels of the supply chain?
- Assume that you would run the simulation again and you could communicate with all the logistic positions, what would you do differently? How would you adjust your inventory strategy?
- Answer the following, how the information flow in supply chains could be used to mitigate the bullwhip effect and what other changes could help to reduce the supply chain cost, if the structure of the supply chain cannot be modified.
- Finally, if your product would have a seasonal demand, (for example, more beer is sold during baseball season). Describe how this should modify your production/inventory policy?
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