Simulation Presentation Questions

Simulation Presentation Questions - Andrews 1. Even though...

Info iconThis preview shows pages 1–2. Sign up to view the full content.

View Full Document Right Arrow Icon
Andrews 1. Even though you ended the simulation with one of the lowest cumulative profits, how were you able to avoid taking out a single emergency loan? 2. In 2012, your employees were given the second lowest wage rate, the lowest benefits package, and the lowest annual raise, resulting in 239 separated employees. How were you able to keep such a low turnover rate and high productivity index? 3. Until round 2013, your administrative costs remained to be one of the highest in the industry. You then began to invest in TQM to reduce these costs. Do you think you would have been more competitive in cumulative profits if you had begun these investments in an earlier round? Explain. 4. What advantage did you see in taking away a low tech product that had the potential to stabilize your market share percentage and replace it with a high tech product? 5. Why did you pay such a high dividends in round one and increase them in round two, but paid no dividends in round three? Chester
Background image of page 1

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
Image of page 2
This is the end of the preview. Sign up to access the rest of the document.

This note was uploaded on 08/08/2011 for the course WCOB 3016 taught by Professor Staff during the Spring '08 term at Arkansas.

Page1 / 2

Simulation Presentation Questions - Andrews 1. Even though...

This preview shows document pages 1 - 2. Sign up to view the full document.

View Full Document Right Arrow Icon
Ask a homework question - tutors are online