OperationsResearch

OperationsResearch - OperationsResearch...

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Operations Research The Americas   Business   Game
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Overview A number of Operations Research concepts,  methods and tools can be used to solve various  problems posed in The Americas Business  Game. The optimal solution, regardless of the method  used, will vary depending on the number of  countries in play, the costs of creating and  maintaining the facilities contemplated, the  variable costs associated with each facility and  the expected sales volumes associated with each  country.
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Typical Applications Solving the Marketing function’s  Transportation Problem Purchasing a mix of Subassembly grades that  yields a targeted product quality level Balancing the firm’s working capital needs  against income that can be obtained from  Short-Term Investments
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The Factor Rating Method This method quantifies a number of factors that  are more or less subjective but are of importance  to the firm’s success. Much of its value lies in bringing out the  perceptions and judgements about the  company’s situation held by its management  group.
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Factor Rating Method Procedure Create a list of all factors that have an impact on  the firm’s success. Weight each factor so that the total weight sums  to 1.00 Rate each Country on a scale of 1-10 on each  factor.  A rating of 10 denotes a highly favorable 
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This note was uploaded on 03/30/2012 for the course BUS M 490 taught by Professor Robbjense during the Winter '11 term at BYU.

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OperationsResearch - OperationsResearch...

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