Capsim logistics

Registration

• You will need an email address and the above SimID or “C number” (C32249_000) in order to register for your game and class.

• Your “registration number” is NOT the SimID; you will not

have a registration number until AFTER you register with CAPSIM and pay the fee.

• Each student should have his/her own CAPSIM registration and email address. If you make a mistake while registering for CAPSIM and can’t correct it yourself let me know or call CAPSIM at 888-472-7554 for help.

Participation

• Participation consists of running a company in the electronic sensor industry. Each of you will be running your own company and competing against computers.

• You will play the simulation three times: rehearsal simulation, practice simulation, competition simulation.

• You will find that all of the normal financial/accounting data and other information a real firm would have will be available to you for your CAPSIM company as it progresses through both the practice rounds and then after I restart the game, the 8 years of real operation.

Performance (1)

• You will get a grade both at the end of practice rounds (pass or fail) and at the end of “real” rounds (letter grade).

• How well your company performs is simply a matter of – How much research and effort each of your team

members puts into the CAPSIM exercise, – how well your organization of your team can bring all

your team members’ collective experience and knowledge to bear on running your CAPSIM firm, and

– how effectively you can implement the strategy your team formulates.

Performance (2)

• The Balance scorecard measure will be used to assign a grade between 0 and 100 to each team’s performance relative to other teams in the class. (The system gives you a total of 1000 points.)

• Different rounds will be graded differently:– Round 1: 82, points– Rounds 2 and 3, 89 points– Rounds 4 and beyond, 100 points– Recap 240.

Balance scorecard

• It was introduced in 1992. It is a strategic assessment tool that can accurately portray a business unit's strategic progress. The Balanced Scorecard asks managers to consider their business from four perspectives:

• The Customer• Internal Business • Innovation & Learning • Financial