2. PACMAN Chief Engineer Peiyi Huo Chief Operations Manager
Chirag Agarwal Chief Architect Abide Masaraure Team Strategy:
Identify the enemies, befriend them and then stealthily attack
.
3. Overview 1 & 2 Choosing the Contract Ordering machines
Choosing the safety stock Selecting the reorder point Selecting the
order quantity I and II Maintaining contracts The unmanned
spacecraft Lessons Learned Acknowledgment and thanks Agenda
4. This was an exciting and a highly contested simulation Our
goals were to: increase the team revenue with minimal risk increase
our team position in the overall standings learn more about
purchasing, lot sizing and how to maintain supplier contracts
Overview 1 gg pacman maniacs ads123 kgs ideaco csuite Closing cash
balance $2 406 931
5. Overview 2- Changes Summary
6. Switched to contact 2 on Day 54 Contract 2 offered better
revenues compared to contract 1 Choosing the contracts
7. Machines were ordered the same day we entered into Contract
2 We had enough cash to purchase the machines One more machine was
added to each of the three stations Ordering machines
8. Safety Stock (Max Daily Usage Avg Daily Usage) Lead Time*
Service Factor Used the safety stock to calculate the optimal order
quantity Determining safety stock
9. Point was changed on day 55 Job queues were increasing
because the inventory was out of stock Choosing the reorder
point
10. Calculated the optimal order quantity to minimize costs On
day 63 order quantity was changed to 14400 kits by doubling current
order quantity Selecting the order quantity I
11. Selecting the order quantity II The optimal solution is was
to order for 3 times in the next 81 days. So the order quantity was
be changed to 12.5*27=337.5338batches=20280 kits
12. Utilization station under each station was well under 0.5
This enabled us to choose contract three which paid $1250 per job
Contracts were interchanged between 2 and 3 according to the
changes in queue sizes through the rest of the simulation
Maintaining the contracts
13. Ceased to use contract 1 and 2 after day 132 Revenue
averaged 1200 from day 80 using contract three Revenue
Analysis
14. On day 70 scheduling rule of station 2 was set to priority
step 4 This was due to a number of jobs queuing on station 1 2 days
later priority was changed back to FIFO and the queue size of
station 1 was well close to 0.1 in the next coming days Scheduling
Analysis Station 2 QueueStation 1 Queue Station 3 Queue
15. Last 50 days in space - Getting the right fuel The unmanned
Spacecraft
16. Accurately forecasting demand Calculating the the reorder
point Determining the reorder quantity Minimizing inventory costs
Maintaining supplier and service contracts Lessons Learned
17. Thanks to the Professor for her efforts in delivering the
course. Thanks to the PACMAN team for your hard work. To the MBE
class. It was fun to be in the program with you. And thumbs up to
our enemy, team gg. Acknowledgment and thanks
