Digby Debrief Aaron Hardina Kayla Joiner Michelle Warzynski Tammy Grassel
Round 1 & Round 2 Round 1 –New products –Stock Round 2 –Contribution margin –3 rd product
Round 3 & Round 4 Round 3 –Emergency loan –Loans AAA rating Round 4 –Utilized our cash –Forecasting
Round 5 – Round 7 Round 5 –Cash on hand –Overproduced Round 6 –ROS –Emergency Loan Round 7 –Inventory
Strategy High tech Produce high tech products Fall into low tech –Phasing them out
Living up to High Tech Produce new products in high tech Revise products into low tech Revision date
Emphasized in High Tech Customer standards Stay in High Tech –Others fell into Low Tech Leading edge –Not revised so much
Critical Rounds Round 5 –Cumulative Profit Two high tech products –Revision dates Round 6 –Profit of $48,000 Inventory –Emergency loan.
4 years from now How well would we do Shape of Company
Future-R & D –Produce a new product –Focus on our strategy High tech TQM –Put most of the money into: Concurrent Engineering Quality function deployment effort –To lower R & D time
Future-Marketing –Product Pricing Segment Price –Sales & Promo Budget Accessibility Awareness –Forecasting Growth Over estimating
Future-Production –Add more automation –Sell off inventory and capacity –Add more hours to new employees training –Add more money to new employees training
Future-Finance –Barrow the least amount on the loans –Issue more long-term debt –Give dividends later in the game
What to change in 4 years Sell out all capacity and inventory High Tech products Accessibility
What we learned How to forecast in 2 different ways –Customer Survey –Last Year market share To issue long-term debt instead of barrowing
More of what we learned HR functions –Training Hours –Money spent Revision date impact Choices that we made
Chance to play again More products Stay in High Tech Don’t over forecast More automation More long-term debt rather then short- term
Team Performance Analyze –Needed better communication –Delegated sections among group members –Reviewed decisions as a team
Team Performance Communication –Meeting Time –Had set up meeting times Decision Making –Different opinions