Question
Performance/Assessment Report II Your final report will be more comprehensive. It will consist of a report on your performance for all Real Years (1-4) throughout
Performance/Assessment Report II
Your final report will be more comprehensive. It will consist of a report on your performance for all Real Years (1-4) throughout the game and, more importantly, assess how your company has performed in implementing an effective strategy over the timeframe of the game. A cover letter of one page will provide a succinct review of both your company's performance and your management from the inception of the game through the last year. The next section should review your strategy during the simulation and describe your current (end of game) overall strategy for managing the company in the future. This should include an evaluation of how your company is positioned to compete with other companies in your industry in the next year and several years. This section is not to exceed one single-spaced page. Each of the remaining sections should not exceed one single-spaced page in length, not including supporting exhibits and graphs. The sections include:
1. Research and Development project analysis: Discuss briefly how you made these decisions; a table would be very useful in showing the actual decisions for each year of the game played.
2. Production strategy and operating leverage analysis: Describe your combination of inventory and production strategy in this section. If the strategy changed during the game, indicate why the change was made and explain the objective of the new strategy. The discussion in this section needs to evaluate your management of inventory and plant/shift capacity over the game. A table contains unit inventory balance, plant and/or shift capacity, units sold, units demanded and units stocked out for each year of the game.
The objective is to be clear, forthright, and informative (remember, the SEC is watching you closely). Your grade will reflect your disclosure of required information, the clarity and completeness of your description of your financial management of the company, the quality of your actual management of the company, and the accuracy of your critical evaluation of your management of the company. "Lessons learned" are an important part of your critical evaluation. I will provide additional information if requested.
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access with AI-Powered Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started