One of the first tasks to undertake when preparing for the littlefield technologies simulation was to estimate demand. It has been successfully used at the graduate and undergraduate level by thousands of students at. Essay about capacity management at littlefield technologies 1. Jul 24, 2015 the new product is manufactured using the same process as the product in the assignment capacity management at littlefield technologies neither the process sequence nor the process time distributions at each tool have changed. Littlefield labs ll opened a new, highly automated lab to test blood samples. Littlefield is certified as a quality engineer, auditor manager, and six sigma green belt and black belt. In the area of procurement, there are several key areas of functionality that any industrial company should focus on when selecting an industrial energy management software provider. Chelsea koo, chris kim, heeyoon choi, quentin hsu, taryn mcnamee strategy description revenue maximization. If an order arrives and there are less than 60 raw kits in the materials buffer, the order waits in the customer order queue pending arrival of raw kits.
Littlefield technologies is a factory simulator that allows students to compete with each other over the web while developing operations management skills. The new product is manufactured using the same process as the product in the assignment capacity management at littlefield technologies neither the process sequence nor the process time distributions at each tool have changed. Brokers could start training the next generation of. Initiatives around operational excellence have been internally focused on building a culture of continuous improvement and improving manufacturing processes with lean techniques. Paul leavoy has been deeply entrenched in the environment, health and safety ehs and sustainability space for the past decade. Jan 23, 20 procurement functionalities in iem software. Littlefield game report littlefield technologies is a highly automated company specializing in blood samples testing. Unique combination of it and ot software to accelerate customers digital transformation initiatives.
Littlefield technologies is a popular simulation used in operations management education. Introduction to production and operations management. Learn vocabulary, terms, and more with flashcards, games, and other study tools. Check out my presentation for reorder point formula and order quantity formula to optimize the inventory. Rok today demonstrated the unparalleled value of their combined technologies, addressing the most costly and persistent. Ahmad syamil, cfpim, cirm, cscp 2 littlefield technologies.
When an order arrives it is matched up with 60 raw kits and becomes a manufacturing lot. There is another consideration in the decision to purchase a fifth machine for station 1. Littlefield technologies is a low volume, high margin manufacturer and distributor of digital satellite system receivers. Pdf capacity management at littlefield technologies. Management s main concern is managing the capacity of the factory in response to the complex demand pattern predicted. Marketing expects that long term market demand remains stable. This is a tour to understand the concepts of little field simulation game. Nick freeth, emanuel martinez, sean hannan, hsiangyun. Our strategy main for round one was to focus on maximizing revenue. Miles littlefield has joined array technologies inc. The littlefield technologies simulation was designed to teach basic concepts of operations, such as capacity planning, scheduling, and inventory management. Littlefield technologies charges a premium and competes by promising to ship a receiver within 24 hours of receiving the order, or the customer will receive a rebate based on the delay.
After 210 days of operation the lab will cease operations and shut down. We can apply multiple project management concepts to planning the project, scheduling the project, and controlling the project. Capacity management the following is an account of our littlefield technologies simulation game. Lt mainly sells to retailers and small manufacturers using the dsss in more complex products. Littlefield game solution case study solution case study. Littlefield technologies seeks to minimize production costs and sell at the highest price the market will allow, with the end result of maximizing profit, or value for shareholders. In early january, littlefield technologies lt opened its first and only factory to produce its newly developed digital satellite system dss receivers. The process includes three types of machines and four stages. These reports enable factory managers to quickly assess performance and make littlefield strategy decisions. Ptc and rockwell automation solve manufacturings most. After another month, demand should begin to decline at a roughly linear rate.
However, it is important the definition extend be extended to include enterprise quality management software. Me monitoring and evaluation course strathmore university. The objective of the game is to maximize the cash on hand by managing the. Building quality management into operational excellence. A webbased program at stanford university motivates students while teaching them realworld business concepts.
Littlefield technologies simulation capacity management. If you have an individual subscription to this content, or if you have purchased this content through pay per article within the past 24 hours, you can gain access by logging in with your username and password here. Ll receives samples from local hospitals and clinics and processes those samples with disposable test kits. The new product is manufactured using the same process as the product in the assignment capacity management at littlefield technologies neither the process sequence nor the process time dis. Enterprise it network infrastructure is the backbone on which software and services run. The account includes the decisions we made, the actions we took, and their impact on production and the bottom line. By getting the bottleneck rate we are able to predict which of the. Littlefield simulation report essay 1541 words bartleby. The title implies that we should be concerned about the consistency. How to use littlefield web interface to play the game. Capacity management at littlefield technologies ba. Simulation 2 adair gallo junior barbara bedran frank ross jiaying gao zachary nolte factory layout objectives to make money to be efficient objectives actions we took to accomplish our objectives reduce queues make sure there were always raw materials available get the best contract numer 3 with the maximum revenues reduce lead. Littlefield labs getting started and capacity flashcards.
Students controlled factors such as lot size, inventory reorder point, and the number of machines working at each station. Lessons learned from implementing webbased simulations to. Aug 18, 2015 miles littlefield has joined array technologies inc. Littlefield technologies game 2 strategy group 28 1. Thus, we had to increase the capacity, change the rop, change reorder quantity to eoq and finally calculate the.
Jul 17, 2011 there is another consideration in the decision to purchase a fifth machine for station 1. Dec 17, 2015 how to use littlefield web interface to play the game. Paper trading platform is a simulated trading software that offers life like execution for etf, equities and options without any risk. Apr 19, 2007 students controlled factors such as lot size, inventory reorder point, and the number of machines working at each station. It will depend on how fast demand starts growing after day 60. Thus, we had to increase the capacity, change the rop, change reorder quantity to eoq and finally calculate th. Littlefield technologies overview arkansas state university dr. Managing customer responsiveness at littlefield technologies background littlefield technologies lt has developed another dss product. Littlefield technologies game 2 strategy group 28 customer. If you have an individual subscription to this content, or if you have purchased this content through pay per article within the past 24 hours, you can gain access by. Littlefield technologies simulation game 2 strategy.
Array technologies appoints miles littlefield director of. Capacity management at littlefield technologies although marketing is confident of the rough shape of demand, there is not enough marketing data to predict the actual peak demand at this point. Littlefield game solution case study solution case. Neither capacity nor inventory will have salvage value after the lab shuts down. Littlefield simulation 2 economic growth inventory. Boston june 10, 2019 today at liveworx19, ptc nasdaq. The title of the littlefield technologies game 2 is customer responsiveness. On day 0, the factory began operations with three stuffers, one tester, and one tuner, and a raw materials.
Start studying littlefield labs getting started and capacity. Most recently, paul worked in a content marketing and research capacity with an ehs, sustainability, and quality management software vendor, intelex technologies, for five years. Test results are promised within 24 hours of receiving a sample. You can click here for the overview of littlefield technologies. Littlefield technologies mainly sells to retailers and small manufacturers using the dsss in more complex products. Xbar analysis determine rate of inventory usage and found it was compressing until day 180, at that time it began to increase for two. Then we study different types of forecasting methods used to predict demands as accurate demand forecasting is the first step toward successful operations management, e. The title implies that we should be concerned about the consistency with which we deliver on our service level agreements slas. Simulation exercises introduction to operations management. Contract 3 maximize profit based on system capacity, job arrival and completion rate 8.
Management s main concern is capacity planning with regards to product pricing. Although orders arrive randomly to lt, management expects that, on average, demand will follow the trends outlined above. Managements main concern is capacity planning with regards to product pricing. Yale som team wins international operations competition. Educators can launch an online trading simulator within days to provide their followers with the modern online trading tools.
Here is a screenshot of what a little dashboard factory report for a littlefield simulation looks like inside gmail in a chrome browser little dashboards service will deliver a factory report whenever new data is available from your simulation, allowing you to make littlefield strategy decisions without having to login to the simulation. Capacity management at littlefield technologies background. The lt factory began production by investing most of its cash into capacity and inventory. The energy and manufacturing industries are inherently risky. Similarly, computer simulation games such as the littlefield technologies are also widely used for teaching a variety of operations management concepts miyaoka 2005, lojo 2016. Asias workers will benefit from new technologies, but. Contract 2 maximize profit based on system capacity, job arrival and completion rate day 147.
The four stages involve sample preparing machine 1, testing machine 2, centrifuging machine 3, and additional testing machine 2. Capacity management at littlefield technologies background in early january, littlefield technologies lt opened its first and only factory to produce its newly developed digital satellite system dss receivers. Time series are important because they are often the drivers of decision models. Lessons learned from implementing webbased simulations to teach operations management concepts. It has been successfully used at the graduate and undergraduate level by thousands of students at more than a dozen universities. As part of your team of at most 3 students, you will get to manage a virtual factory in two separate webbased simulation exercises. Phase to phase innovative ict solutions for power systems. Littlefield technologies simulation 1 summer 2012 team 300. Dont worry im from tech support tech support meme on me.
When considering the demand level and changes, we would configure a time series of that data using short range forecasting. Littlefield round 1 report introduction to revenue. Integrated control technology ict is using green hills c. Moviris customers need to model data center and branch lans, mans and wans, uncover and predict possible network congestions, evaluate residual capacity at the device and link level, determine typical workloads e. We tried to get our bottleneck rate before the simulation while we only had limited information. Littlefield technologies seeks to minimize production costs and sell at the highest price the market will allow, with the end result of maximizing profit, or value for sharehold. Key decisionspoints sum of the averages method determine that to achieve 1. The demand information is a critical input for performing a process and capacity analysis of your factory.
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