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Digby Debrief. Aaron Hardina Kayla Joiner Michelle Warzynski Tammy Grassel. Round 1 & Round 2. Round 1 New products Stock Round 2 Contribution margin 3 rd product . Round 3 & Round 4. Round 3 Emergency loan Loans AAA rating Round 4 Utilized our cash Forecasting.
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Digby Debrief Aaron Hardina Kayla Joiner Michelle Warzynski Tammy Grassel
Round 1 & Round 2 • Round 1 • New products • Stock • Round 2 • Contribution margin • 3rd product
Round 3 & Round 4 • Round 3 • Emergency loan • Loans • AAA rating • Round 4 • Utilized our cash • Forecasting
Round 5 – Round 7 • Round 5 • Cash on hand • Overproduced • Round 6 • ROS • Emergency Loan • Round 7 • Inventory
Strategy • High tech • Produce high tech products • Fall into low tech • Phasing them out
Living up to High Tech • Produce new products in high tech • Revise products into low tech • Revision date
Emphasized in High Tech • Customer standards • Stay in High Tech • Others fell into Low Tech • Leading edge • Not revised so much
Critical Rounds • Round 5 • Cumulative Profit • Two high tech products • Revision dates • Round 6 • Profit of $48,000 • Inventory • Emergency loan.
4 years from now • How well would we do • Shape of Company
Future-R & D • Produce a new product • Focus on our strategy • High tech • TQM • Put most of the money into: • Concurrent Engineering • Quality function deployment effort • To lower R & D time
Future-Marketing • Product Pricing • Segment • Price • Sales & Promo Budget • Accessibility • Awareness • Forecasting • Growth • Over estimating
Future-Production • Add more automation • Sell off inventory and capacity • Add more hours to new employees training • Add more money to new employees training
Future-Finance • Barrow the least amount on the loans • Issue more long-term debt • Give dividends later in the game
What to change in 4 years • Sell out all capacity and inventory • High Tech products • Accessibility
What we learned • How to forecast in 2 different ways • Customer Survey • Last Year market share • To issue long-term debt instead of barrowing
More of what we learned • HR functions • Training Hours • Money spent • Revision date impact • Choices that we made
Chance to play again • More products • Stay in High Tech • Don’t over forecast • More automation • More long-term debt rather then short-term
Team Performance • Analyze • Needed better communication • Delegated sections among group members • Reviewed decisions as a team
Team Performance • Communication • Meeting • Time • Had set up meeting times • Decision Making • Different opinions