Three Day Weekend Rancho Be-bop

Supply Chain:
Before we got to have a great weekend, we had to do another simulation while doing the other one. This one was about a root beer manufacturer. This one was easier to play with but I want to give you some hints on how to win this one. It's not graded, but it will help you.

**DISCLAIMER**
INFORMATION ON THIS BLOG HAS BEEN ALTERED TO PROTECT THE SIMULATION. REFERRING TO THIS INFORMATION IN HOPES TO HAVE AN UNFAIR ADVANTAGE IS CHEATING YOUR LEARNING. I DON'T GUARANTEE INFORMATION TO BE ACCURATE AFTER THE DAY OF POSTING!

Understand the rules of the game. There is no communication between people, so there is a lag time to understand. I was the Retailer. I would order and then it would take 4 cycles to actually get that amount. Demand stayed the same through out the game (50,000 cases). And so order only what you will need to have appear in the four week time and then once that order is made, go back to the minimum order to fill demand. DO NOT ORDER MORE THAN YOU NEED MORE THAN ONCE! The concept is called a bull whip. You order more than you need and then when it comes, you'll be sorry. You forget of the lag time. I ordered 1,000,000 twice and when it came, it hurt me so bad. Toward the end I didn't order anything because it took 4 weeks for them to stop sending me more than I needed. What a great lesson. I hop this helps you succeed where other failed.

Finance:
Another bash on our company to start off the day. Makes us feel good. It's time to get started reviewing time money formulas on excel. (PV, FV, PMT, NPER, RATE)