Contact Us
Sign In / Sign Up for FREE
Go to advanced search...

Simulation plan - Essay Example

Comments (0) Cite this document
The results of the simulation indicate that there is a high chance that the buy in has a good chance of success. The simulation game was based on effectiveness, efficiency and financial soundness of the…
Download full paperFile format: .doc, available for editing
GRAB THE BEST PAPER92.8% of users find it useful
Simulation plan
Read TextPreview

Extract of sample "Simulation plan"

Due Simulation Plan Summary of the results The overall result of the simulation scored a 62% buy in. The results of the simulation indicate that there is a high chance that the buy in has a good chance of success. The simulation game was based on effectiveness, efficiency and financial soundness of the project.
Identification of the problem was done at the right time (100% effective) and done very well with an index of 80%. The result was obtained since the problem that lay in lack of departmental integration, caused by VP technology manger, Jennifer Smith.
The second decision was to brief all managers on the financial situation of the firm and its abilities at the moment. The action was taken at the right time with a 100 % level of effectiveness.
Review of the structure of the organization was done at the wrong time. Though it is the right decision, the effectiveness is 0% due to the timing problem.
Appointing a change team could have been done early as the first step. The decision is very effective, though timing was a big problem. The proximity to the right time is 50%.
Change vision and strategy was not possible since it was blocked by change agents
Stakeholder mapping was done effectively, but at the wrong time, 62% close to the right time. Stakeholder mapping was 93% effective.
Most actions moves are related to training infrastructure. The result shows that it is essential to develop training infrastructure before action, such as team pilot project, product development team, and product improvement team. In addition, majority of effective moves are based on the integration of departments, communication and vision of the organization.
Actions that that enhanced the result
The most influential actions in the simulation include identification of the problem which garnered an overall effectiveness of 100% in timing and 80% effectiveness in method. Financial and competitiveness, which was done at the most effective time, had 100% time effectiveness. Other notable actions include stakeholder mapping that had an effectiveness level of 89% and timing at 93%, team training which was done first was also highly effective at 84%.
Firing employees who resist change had 82% of good timing and 100% of effectiveness. This was the right decision. Training and mentoring new and existing team members is also good for a change and is 100% effective in timing and importance.
Tactics that restricted implementation results
Despite the positive outcomes of the game, there were steps that were problematic. Timing was the major determinant of success. The affected areas include; stakeholder mapping which should have been done before a core change team was identified, the current move is thus out of order.
Development of the vision has 18% time effective and 60% effectiveness in action. Though product improvement is timed correctly, it is out of order since training infrastructure must be developed first. This also affected team pilot project and new product development team. Restructuring the firm into teams was out of order with a -50% timing effectiveness. This is because team training should have happened first.
The overall score of the simulation game is 62%. This implies that right moves surpass the break-even point by 12%. The index can be improved by addressing the issues that pose a negative impact on the result.
Works cited
"ExperiencePoint Gateway." N.p., Web. 13 Apr. 2014. Read More
Cite this document
  • APA
  • MLA
(“Simulation plan Essay Example | Topics and Well Written Essays - 500 words”, n.d.)
Simulation plan Essay Example | Topics and Well Written Essays - 500 words. Retrieved from
(Simulation Plan Essay Example | Topics and Well Written Essays - 500 Words)
Simulation Plan Essay Example | Topics and Well Written Essays - 500 Words.
“Simulation Plan Essay Example | Topics and Well Written Essays - 500 Words”, n.d.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document


Business simulation greatly increased. Relationships with suppliers already established (Dell and Hewlett Packard). Weaknesses Lack of promotions plan, currently relies on word of mouth. Too much physical inventory takes up space and increases costs. No technical expertise for customization. Opportunities Increase awareness through networking and promotions. Expand services for local businesses. Focus on customer satisfaction and top notch service. JIT inventory reduces costs. Threats Competing computer retail sellers ie: campus computer store. Competing computer resellers serving corporations have competitive advantage in well developed, adaptable processes. Costs for fossil fuels affect supply costs. The market for new computer...
6 Pages(1500 words)Assignment

Management Simulation

... Management Simulation Political Political factors have a huge impact on different marketing decisions. The laws regulating businesses have increases and have become stricter in the recent years. A major development is that of introduction and the recent increase from 17.5% to 20% in the Goods and Service Tax[Bri10]. This has caused an increase the overall prices of food especially food served in food outlets. Hence there is increased pressure on food outlets to provide quality food along with excellent service so that customers can distinguish home from restaurant and justify the high prices they have to pay for eating out. Another factor that affects the food industry is that of the law stating that food items using...
7 Pages(1750 words)Assignment


...of southampton WORK PART C [Type the document sub AHMAD ALHARBI 29 [As businesses are becoming more complex with time,simulation has gained quite some popularity. Two types of simulation, namely, agent based simulation and Monte Carlo Simulation are discussed in this paper and how they apply to real life situation] Table of Contents Table of Contents 1 Introduction With the businesses growing more complex and science getting more advanced with time, simulation plays a significant role as it allows complex organization to test operations through imitating a model of the system before hand. The main purpose of applying simulation for any...
4 Pages(1000 words)Essay

Management Simulation

...?Management simulation Section A Key aspects of marketing, operations, human resource and finance that may have to the Health-in-Pizza Ltd.’s performance Implementing a recent innovation in preparing the enterprise’s pizza is a major aspect of marketing and operations in the case. Marketing aspects are most identifiable from their scope that establishes a basis for selling an entity’s products. Using innovation, together with its positive effects on people’s health, identifies the proprietors’ intention to influence the target market from the competitors’ products that would seem unhealthy compared to Health-in-Pizza Ltd.’s pizza. Aspects of sales are also evident in the ingredients that the entity uses to make its pizza... environment...
3 Pages(750 words)Essay

Marketing Simulation

...Marketing Simulation for Round 5 Company Analysis at the end of Round Five Market Outlook The market for smart phones is shrinking gradually due to the increase in the number of smart phone makers in the market. Most of the companies are targeting the high-end segment of the market i.e. high-end companies and households while concentrating less on the lower end segment. This is the main reason for the shrinking market share in the market since most smart phone users originate from this segment of the market. This therefore means that there is potential in the lower-end segment, which can be exploited especially in the Asian market. Advertising remains a key tool of reaching the consumers in all segments. Research...
5 Pages(1250 words)Research Paper

Simulation technology

...Introduction Simulation Technology canbeexplainedan approachfor'imprisoning'asynchronized model of how an organization works, either as a straightforward systematic plan or as a near effective reality representation. It's a system originally built up for business sectors. The magnificence of simulation technology is that organizations can test different 'untidy heaps' of aspects prior to making any final judgment and comprehend the impact of different aspects such as time. Why Simulation Technology is being seen as an effective management tool The reason why simulation technology is being seen as an effective management tools because...
6 Pages(1500 words)Essay

Workplace simulation

...WORKPLACE SIMULATION Profile This project covers the various techniques that Riordan manufactures will employ to gather information from its customers in the various states and from its employees in the HR department. It also covers the various types of human resource information systems that are applicable to the HR department. That is HRIS, HR intranets and HRMS. As a part of the HR department, it is the job of the author to formulate and employ the simulation. Riordan manufacturing Inc is a successful company that was established in 1991. It has expanded its operations from a research and development company to plastic manufacturing company. The company prides itself on having a large customer base...
9 Pages(2250 words)Essay


...for fulfilling the order. Some more facts reveal that the break-even point for the lemon cookies is around 563,000 packs. The current manufacturing is around 600,000 packs, which turns the cycle into a profitable one, as it goes beyond the breakeven, and this manufacturing is around the same marks as the production requirements and monthly targets. However, increasing the break-even volume to 650,000, would not be profitable, despite the firm bring in operating profits. Though in doing this, the existing unit may be forced to reduce its volumes for lemon cookies, as the variable cost per unit for lemon is on the higher side. These were some outcome from the simulation conducted, however, the three major learning points...
3 Pages(750 words)Essay

Simulation concepts and applications. The simulation showcased a company called the Huduma Foundation whose goal is to preserve wildlife by rescuing and rehabilitating wild life in the national parks of Kandivar. During the simulation the project at hand require the transfer of eight elephants from one park to another. The application of sound project management techniques enabled the managers the ability to complete the projects and deal with different contingencies that turn up during the course of business. I learned that its is essential to have a plan of action in place at all stages of the project in which the risk and benefits associated with the event are considered. During the...
4 Pages(1000 words)Essay

Budget Simulation

...BUDGET SIMULATION Introduction Government spending entails all government investments, consumption, and excludes payments transfers made by any state. State’s acquisition of services and products with the aim of usage in direct satisfaction of individuals or other collective needs of community members is referred as State final consumption expenditures. The government acquires these goods and services with the aim of creating future benefits. Such benefits include research findings, investments, education, among others. This spending is grouped into two: mandatory and discretionary. Mandatory spending incorporate all authorized spending by any State’s legislation (parliament) while discretionary spending includes all...
2 Pages(500 words)Assignment
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.

Let us find you another Essay on topic Simulation plan for FREE!

Contact Us