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