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Hey So I have week 3 assignment and i dont know what exactly i need to do with the capsim Week 3 Competition Round 1

Hey

So I have week 3 assignment and i dont know what exactly i need to do with the capsim Week 3 Competition Round 1

Can you Please Advise

This is what my professor gave detail about 1

ACTIVITIES:

  • Round 1 and Round 2 decisions
  • Course Project Milestone
  • - Enter and save decisions for your company for the rounds scheduled this week.
  • - Review the simulation report before making decisions for each round.
  • - Review the simulation report after each round has processed. What went well? What didn't? What can you do to improve your company's position in the next round?

GRADING:

You can earn a maximum of 5 stars per round.Stars represent an overall performance evaluation, much like the stars in the Morningstar ratings. One star is issued in CAPSIM for each of the following:

  • Contribution margin over 30%
  • Zero emergency loan
  • Satisfy 95% of demand and have less than 90 days of inventory
  • Increase in stock price over last year
  • Profit greater than zero

There are 10 possible stars in the two competition rounds, so grades are 2 points per star worth up to 20 points plus 30 points for fully participating in these two rounds.

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