Littlefield technologies capacity management software

The process includes three types of machines and four stages. Nick freeth, emanuel martinez, sean hannan, hsiangyun. Managing customer responsiveness at littlefield technologies background littlefield technologies lt has developed another dss product. Test results are promised within 24 hours of receiving a sample. Learn vocabulary, terms, and more with flashcards, games, and other study tools. It will depend on how fast demand starts growing after day 60. Littlefield technologies game 2 strategy group 28 customer.

Littlefield technologies is a low volume, high margin manufacturer and distributor of digital satellite system receivers. Most recently, paul worked in a content marketing and research capacity with an ehs, sustainability, and quality management software vendor, intelex technologies, for five years. Paper trading platform is a simulated trading software that offers life like execution for etf, equities and options without any risk. The title implies that we should be concerned about the consistency with which we deliver on our service level agreements slas. Brokers could start training the next generation of. Apr 19, 2007 students controlled factors such as lot size, inventory reorder point, and the number of machines working at each station. Jul 17, 2011 there is another consideration in the decision to purchase a fifth machine for station 1. Littlefield technologies factory simulation exercises. A webbased program at stanford university motivates students while teaching them realworld business concepts. Thus, we had to increase the capacity, change the rop, change reorder quantity to eoq and finally calculate th. The new product is manufactured using the same process as the product in the assignment capacity management at littlefield technologies neither the process sequence nor the process time dis. Dec 17, 2015 how to use littlefield web interface to play the game. You can click here for the overview of littlefield technologies. Ll receives samples from local hospitals and clinics and processes those samples with disposable test kits.

Unique combination of it and ot software to accelerate customers digital transformation initiatives. Chelsea koo, chris kim, heeyoon choi, quentin hsu, taryn mcnamee strategy description revenue maximization. Aug 18, 2015 miles littlefield has joined array technologies inc. Moviris customers need to model data center and branch lans, mans and wans, uncover and predict possible network congestions, evaluate residual capacity at the device and link level, determine typical workloads e. Capacity management at littlefield technologies although marketing is confident of the rough shape of demand, there is not enough marketing data to predict the actual peak demand at this point. Littlefield game solution case study solution case study. Start studying littlefield labs getting started and capacity. Littlefield technologies seeks to minimize production costs and sell at the highest price the market will allow, with the end result of maximizing profit, or value for sharehold. Lt mainly sells to retailers and small manufacturers using the dsss in more complex products. Xbar analysis determine rate of inventory usage and found it was compressing until day 180, at that time it began to increase for two. Me monitoring and evaluation course strathmore university. The title of the littlefield technologies game 2 is customer responsiveness.

Essay about capacity management at littlefield technologies 1. Enterprise it network infrastructure is the backbone on which software and services run. Educators can launch an online trading simulator within days to provide their followers with the modern online trading tools. Littlefield technologies charges a premium and competes by promising to ship a receiver within 24 hours of receiving the order, or the customer will receive a rebate based on the delay. Thus, we had to increase the capacity, change the rop, change reorder quantity to eoq and finally calculate the. Rok today demonstrated the unparalleled value of their combined technologies, addressing the most costly and persistent. The title implies that we should be concerned about the consistency. Managements main concern is capacity planning with regards to product pricing. Paul leavoy has been deeply entrenched in the environment, health and safety ehs and sustainability space for the past decade. It has been successfully used at the graduate and undergraduate level by thousands of students at more than a dozen universities. Littlefield labs ll opened a new, highly automated lab to test blood samples.

Neither capacity nor inventory will have salvage value after the lab shuts down. Contract 3 maximize profit based on system capacity, job arrival and completion rate 8. The objective of the game is to maximize the cash on hand by managing the. The lt factory began production by investing most of its cash into capacity and inventory. Building quality management into operational excellence. Check out my presentation for reorder point formula and order quantity formula to optimize the inventory. Simulation exercises introduction to operations management. Littlefield game solution case study solution case. We can apply multiple project management concepts to planning the project, scheduling the project, and controlling the project. Integrated control technology ict is using green hills c. There is another consideration in the decision to purchase a fifth machine for station 1. By getting the bottleneck rate we are able to predict which of the. Littlefield simulation 2 economic growth inventory.

Littlefield technologies game 2 strategy group 28 1. If you have an individual subscription to this content, or if you have purchased this content through pay per article within the past 24 hours, you can gain access by logging in with your username and password here. The energy and manufacturing industries are inherently risky. Lessons learned from implementing webbased simulations to teach operations management concepts. Pdf capacity management at littlefield technologies. It has been successfully used at the graduate and undergraduate level by thousands of students at. Here is a screenshot of what a little dashboard factory report for a littlefield simulation looks like inside gmail in a chrome browser little dashboards service will deliver a factory report whenever new data is available from your simulation, allowing you to make littlefield strategy decisions without having to login to the simulation. Simulation 2 adair gallo junior barbara bedran frank ross jiaying gao zachary nolte factory layout objectives to make money to be efficient objectives actions we took to accomplish our objectives reduce queues make sure there were always raw materials available get the best contract numer 3 with the maximum revenues reduce lead.

Management s main concern is managing the capacity of the factory in response to the complex demand pattern predicted. The new product is manufactured using the same process as the product in the assignment capacity management at littlefield technologies neither the process sequence nor the process time distributions at each tool have changed. Yale som team wins international operations competition. On day 0, the factory began operations with three stuffers, one tester, and one tuner, and a raw materials. Introduction to production and operations management. If you have an individual subscription to this content, or if you have purchased this content through pay per article within the past 24 hours, you can gain access by. Students controlled factors such as lot size, inventory reorder point, and the number of machines working at each station. Managing customer responsiveness at littlefield technologies. Capacity management at littlefield technologies background. Littlefield technologies simulation capacity management. As part of your team of at most 3 students, you will get to manage a virtual factory in two separate webbased simulation exercises. Littlefield is certified as a quality engineer, auditor manager, and six sigma green belt and black belt. Initiatives around operational excellence have been internally focused on building a culture of continuous improvement and improving manufacturing processes with lean techniques.

Jul 24, 2015 the new product is manufactured using the same process as the product in the assignment capacity management at littlefield technologies neither the process sequence nor the process time distributions at each tool have changed. Miles littlefield has joined array technologies inc. Although orders arrive randomly to lt, management expects that, on average, demand will follow the trends outlined above. Littlefield round 1 report introduction to revenue. How to use littlefield web interface to play the game. Littlefield game report littlefield technologies is a highly automated company specializing in blood samples testing. Time series are important because they are often the drivers of decision models. Simulation 2 adair gallo junior barbara bedran frank ross jiaying gao zachary nolte factory layout objectives to make money to be efficient objectives actions we took to accomplish our objectives reduce queues make sure there were always raw materials available get the best contract numer 3 with the maximum revenues reduce lead times in order to fulfill contract number 3 job. In the area of procurement, there are several key areas of functionality that any industrial company should focus on when selecting an industrial energy management software provider.

The demand information is a critical input for performing a process and capacity analysis of your factory. Then we study different types of forecasting methods used to predict demands as accurate demand forecasting is the first step toward successful operations management, e. Capacity management the following is an account of our littlefield technologies simulation game. Similarly, computer simulation games such as the littlefield technologies are also widely used for teaching a variety of operations management concepts miyaoka 2005, lojo 2016. This is a tour to understand the concepts of little field simulation game. We tried to get our bottleneck rate before the simulation while we only had limited information. These reports enable factory managers to quickly assess performance and make littlefield strategy decisions. Littlefield labs getting started and capacity flashcards.

Littlefield technologies overview arkansas state university dr. Contract 2 maximize profit based on system capacity, job arrival and completion rate day 147. Littlefield technologies mainly sells to retailers and small manufacturers using the dsss in more complex products. Littlefield simulation report essay 1541 words bartleby. Littlefield technologies seeks to minimize production costs and sell at the highest price the market will allow, with the end result of maximizing profit, or value for shareholders. Ahmad syamil, cfpim, cirm, cscp 2 littlefield technologies. Key decisionspoints sum of the averages method determine that to achieve 1. Capacity management at littlefield technologies background in early january, littlefield technologies lt opened its first and only factory to produce its newly developed digital satellite system dss receivers. Marketing expects that long term market demand remains stable. One of the first tasks to undertake when preparing for the littlefield technologies simulation was to estimate demand. The littlefield technologies simulation was designed to teach basic concepts of operations, such as capacity planning, scheduling, and inventory management. Littlefield technologies simulation 1 summer 2012 team 300. In early january, littlefield technologies lt opened its first and only factory to produce its newly developed digital satellite system dss receivers.

Boston june 10, 2019 today at liveworx19, ptc nasdaq. Jan 23, 20 procurement functionalities in iem software. Lessons learned from implementing webbased simulations to. When considering the demand level and changes, we would configure a time series of that data using short range forecasting.

After another month, demand should begin to decline at a roughly linear rate. Capacity management at littlefield technologies ba. Ptc and rockwell automation solve manufacturings most. Dont worry im from tech support tech support meme on me. Asias workers will benefit from new technologies, but. Array technologies appoints miles littlefield director of. Phase to phase innovative ict solutions for power systems. The account includes the decisions we made, the actions we took, and their impact on production and the bottom line.

Management s main concern is capacity planning with regards to product pricing. After 210 days of operation the lab will cease operations and shut down. Littlefield technologies simulation game 2 strategy. The four stages involve sample preparing machine 1, testing machine 2, centrifuging machine 3, and additional testing machine 2. If an order arrives and there are less than 60 raw kits in the materials buffer, the order waits in the customer order queue pending arrival of raw kits.

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