Free Essay

Simulation Write-Up

In:

Submitted By 027113
Words 436
Pages 2
Simulation 2 Write-Up During the simulation there were many different factors leading to varying results. One of the biggest causes for variation was in the performance of the worker. The worker had the impression that they were under a time constraint. The performance of the worker was usually kept constant until the last 5 or 10 drawings of cards, which is when the worker felt the pressure to draw cards faster. Another cause of variation was the shuffling of the worker. If the worker didn’t shuffle the cards thoroughly it would result in a varied outcome from normal results. This variation is considered a normal cause for variation because as the time constraint became more noticeable the workers would shuffle differently. This occurred more on the last few draws each round. One special cause occurred when the professor walked over to our workstation and had a conversation. This distracted the worker and simulated a special cause for variation. In order to improve the process, I would first designate a worker for shuffling the cards so we could eliminate time used passing the cards. This worker would then split the cards into two piles. Then I would assign two other workers the jobs of counting the cards after they have been separated. The workers would then both tell a single recorder the amounts to be recorded. This would be repeated with the designated shuffler. In order to assure that the second supplier is delivering the promised quality, we made a second quality control chart. This would be done using the same process as the first round. According to our results, the second supplier delivered better results. The proportion of hearts varied less with the second supplier. Using only 15 samples we were able to draw this conclusion. It is half the samples as the other round but due to the fact that the variation was significantly smaller, even if we did 30 rounds the results would be very similar. One thing I took away from the simulation is how division of work can increase efficiency. Our group started implementing a program similar to a division of labor towards the end of the first round and the second round. This not only increased the quality of the “product” that our “company” created, but it helped increase worker efficiency. This is similar to real life situations in which a business needs to also focus on its internal processes. There are several times where a business may want to blame someone other than itself. Using our simulation results we significantly increased our efficiency by changing worker processes.

Similar Documents

Premium Essay

Simulation Methods

...any evaluation criteria deem appropriate. Students are to submit the simulation online and to write a final report in a formal business format based on the simulation. Case Study Instructions: This is an individual assessment. You are acting as the CEO of New Heritage Doll company and you need to decide which investment projects can create values for shareholders’ wealth, so that the company can receive funding in the next five years. Your task is to evaluate proposed projects using the financial and qualitative information provided and to select projects to be approved for a given year’s investment plan using any evaluation criteria you deem appropriate. There is more detailed information provided in the case study and you also can: 1. Review the Preparetab where you’ll learn about New Heritage and its corporate strategy; 2. Navigate the Analyze tab to view detailed financial reports at the divisional and company levels. Here you can also evaluate projections for each of the available projects; 3. Proceed to Decide tab to submit your final project decisions for that year; 4. The simulation advances to the next year and presents the financial results of your investments. The Case Study is a real-world case study, which will help you to know what’s going on in the real corporate world. Curtin University has bought the copyright from Harvard Business School and paid almost half of the Finance Simulation: Capital Budgeting, New Heritage...

Words: 1227 - Pages: 5

Premium Essay

Capital Budgetting

...where you’ll learn about New Heritage and its corporate strategy; 2. Navigate the Analyze tab to view detailed financial reports at the divisional and company levels. Here you can also evaluate projections for each of the available projects; 3. Proceed to Decide tab to submit your final project decisions for that year; 4. The simulation advances to the next year and presents the financial results of your investments. The Case Study is a real-world case study, which will help you to know what’s going on in the real corporate world. Curtin University has bought the copyright from Harvard Business School and paid almost half of the Finance Simulation: Capital Budgeting, New Heritage Doll Simulation for each student. The simulation is a useful software and tool containing all information and calculations in order to help the CEO to make capital budgeting decisions. Curtin students only need to pay $7.50USD to use this simulation software. Please submit your simulation online and written document electronically through Turnitin on the Blackboard (Assessment/Case Study/Case Study View/Complete). You can play the capital budgeting simulation as many times as you want before the submission. For example, if...

Words: 514 - Pages: 3

Free Essay

Miniproject Horsens

...Mini Project in simulation: Groups and Simulations projects: • Group 1: Supermarket REMA 1000 • Group 2: Supermarket FAKTA • Group 3: Fuel Station -Statoil • Group 4: Ticket Box (Cinema) • Group 5: Post office - Horsens • Group 6: Fuel Station – Uno X • Group 7: VIA Canteen The group can choose another simulation project, but it has to be approved beforehand! Desktop activity: • Create a conceptual description and model for the simulation problem. Remark: each group have to make their own assumption about the simulation problem. Max 1 A4 page. • Explain figure 4.1 in relation to group’s simulation problem. Max ½ A4 page. • Create a flow diagram for the simulation problem. Max 1 A4 page. • Make you first model in Simul8 – and make 10 replications (Select Clock, Change Random Nos and Run). Write the results for mean time in system down – the group have to use these in exercise ‘Analyzing of result’. • Make a plan for data collection. Max 1 A4 page. These activities should be finished Friday 14th October at 16 o’clock. – And then the results must be frozen! NB: The deadline has been extended till Wednesday 26th October 10:00. Data Collection: • Analyse the site for your simulation – identify flow and special equipments. • Discuss how to obtain data • Make data capturing for example from 11.30 to 12.30 (there should be about 50 – 100 observations) • Selecting Statistical Distribution ...

Words: 585 - Pages: 3

Premium Essay

Littlefield

...Littlefield Technologies Assignment 5 PM on February 22 . Starting at 5 PM on Wednesday, February 27, the simulation will begin The game will end at 9 PM on Sunday, March 3. Accessing your factory http://quick.responsive.net/lt/toronto3/entry.html Littlefield Technologies’’ Operations board stuffing testing tuning Operations Policies at Littlefield Purchasing Supplies Processing in Batches Contract Pricing Borrowing from the Bank Cash Balance The winning team is the team with the most cash at the end of the game (cash on hand less debt). Current State of the System and Your Assignment At the end of day 350, the factory will shut down and your final cash position will be determined. Starting at 5 PM on Wednesday, February 27, the simulation will begin The game will end at 9 PM on Sunday, March 3. PLEASE DO NOT WAIT UNTIL THE FINAL SECONDS TO MAKE YOUR CHANGES. SOMETIMES THEY TAKE A FEW MINUTES TO BE PROCESSED. Written Assignment: Analysis of Game 2 of Littlefield Technologies Simulation Due March 14, 8:30 am in eDropbox Your group is going to be evaluated in part on your success in the game and in part on how clear, well structured and thorough your write-up is. The write-up only covers the second round, played from February 27 through March 3. It should not discuss the first round. Your write-up should address the following points: • A brief description of what actions you chose and when. Not a full list of every action, but the major...

Words: 637 - Pages: 3

Free Essay

Probability of 2 Sharing Same Birthday

...75, 100, 500 and 1000 The Simulation has been designed using the computer based program Excel. It is formed to understand the probability of at least 2 people sharing the same birthday in randomly selected groups of 25, 50, 75, 100, 500 and 1000. The simulation is run for 30 iterations for each group that means that the simulation for 25 randomly selected people will be run 30 times and so on. Assumptions v The year has 365 days (not considering the leap year). v Every day of the year has an equal probability for a birthday to occur. v The year of the birth is not considered; only the date and the month are considered. v Any other factor influencing the birth such as human behavior or weather etc. is not taken into account. v Twins or triplets are not in same group. A. · Open the new excel file, name it Task1, save it on desktop. Take the cursor to cell A1 (the horizontal column is represented by alphabets and vertical rows by numbers and each of the box is called a cell). Write Group 1 and drag it horizontally up to 30 columns the last cell would have Group 10. · In cell A2 write the formula =RANDBETWEEN (1,365) and enter (we are taking the number of days in a year as we cannot take the dates of months). Then keep the cursor on the lowest right corner and drag until A26. · Now select the cell A2 and drag it to its right side cell B2 and drag down until B26, similarly do the same process for 10 iterations · Leave a box or two then write the formula in cell A28 =Mode...

Words: 819 - Pages: 4

Free Essay

Financial Modelling

...Concepts in Macros  Macros as recorded Robots!  Designing application to gather user data • Implementing user forms in Excel Macros • Linking forms to excel cells • Building flexible Charts in Excel  Understanding VBA • Understanding the relevant language constructs • Example: Write your First Macro  Debugging VBA code • Errors in VBA • Step into VBA  Writing more VBA Codes • Random Number Generator: Use of Loop, Excel Functions • Message Box, Input Box  Advanced Financial Applications • Breaking circular loops • Monte Carlo Simulation © EduPristine Macros 2 Agenda  Introduction to Macros & Advanced Application Building in Excel • Introduction and context  Key Concepts in Macros  Macros as recorded Robots!  Designing application to gather user data • Implementing user forms in Excel Macros • Linking forms to excel cells • Building flexible Charts in Excel  Understanding VBA • Understanding the relevant language constructs • Example: Write your First Macro  Debugging VBA code • Errors in VBA • Step into VBA  Writing more VBA Codes • Random Number Generator: Use of Loop, Excel Functions • Message Box, Input Box  Advanced Financial Applications • Breaking circular loops • Monte Carlo Simulation © EduPristine Macros 3 Building user applications in excel requires knowledge of advanced functions  Excel is one of the most widely used tools in financial industry • • • • • • Easy to use High reach & access to software across geographies Flexibility Robustness Inbuilt...

Words: 4063 - Pages: 17

Free Essay

Bio340

... This and other SimBio Virtual Labs® are accessible through SimBio’s SimUText System®. . SimBio Virtual Labs®: EcoBeaker® The Barnacle Zone Background When we tell our kids about different species and where they live, we naturally start talking about weather and the physical environment. Camels are adapted to life in the desert and can go a long time without water. Polar bears live in the Arctic and are adapted to cold with their thick layers of insulation. A polar bear wouldn’t be very happy in the desert, and a camel would have a hard time in the Arctic (though a herd of camels pulling a sled over the ice is an amusing image). The underlying idea is that in order to be adapted to one environment, you necessarily give up the ability to live in other environments. But is this true for most species? Do species live where they do primarily because of their adaptations to the physical environment, or might the other species in the environment also be important? The intertidal zone of rocky coastlines makes an interesting natural laboratory in which to explore these questions. First, the physical environment itself is challenging. The intertidal zone is that portion of the shore that is covered during high tide and exposed to air during low tide. If you think about how rocks would be covered and exposed as tides come in and out (twice a day on average), you can see that, the higher an organism lives on the rocks, the more time it will...

Words: 4477 - Pages: 18

Premium Essay

State Planning Caucus Analysis

...1. Describe as specifically as you can what you did during your state planning caucus at the start of the simulation. During the state planning caucus my state, New York, was struggling with our delegates opposing views. We weren’t really sure what to write on the plan sheet and the sheet asking about our views, as they were the opposite for pretty much everything except representation by population. So throughout the state planning caucus we shared the main views and decided we to write the two ideas we agreed on, representation by population and protection of the rights of citizens. Other than those two ideas, we mostly just wrote the middle ground between our views compromising certain views. 2. Describe as specifically as you can what you did during the general caucus sessions. Try to include specific details. During the general caucus sessions, I answered questions other people had about my points, consulted with the other delegate from New York, and discussed possible future proposals with other delegates. After I had made an argument against the power of taxation being held by the states, a couple delegates came up to me to ask questions about how the taxation would work, what I was trying to say, and what system of taxation I...

Words: 1310 - Pages: 6

Premium Essay

Nvq L3 Assessing Vocational Acheivent T3 Assignment

...Witness Testimony A witness testimony is a piece of evidence that is provided by an individual that has closely worked with the candidate. A witness testimony can be used to clarify that the candidate has shown knowledge and performance skills throughout the work place. The assessor only has a limited amount of time to spend with each candidate so using this assessment method allows others to contribute in the assessment process. Witness Testimonies can provide useful information to the assessor but only when the source is valid and reliable. Evidence provided by the witness should be fair, reliable, valid and appropriate to standards and criteria of the specific qualification. The evidence should be signed and dated by the witness and if felt appropriate the assessor should communicate with the witness to confirm authenticity. A copy of the witness testimony should be placed into each candidate’s profile. This is to ensure that if an internal verifier was to check then all the information and evidence will be present. The information provided by the witness testimony should never be used upon solely to make an assessment decision. The assessor should use the information gathered as a guide to help inform them in making the correct assessment decision. A witness testimony can be conducted by a colleague to the client who does a similar role or who has experience or perhaps more appropriately a supervisor or manager could do this for the assessor. Whoever does it, they need...

Words: 3246 - Pages: 13

Premium Essay

Jet Copies

...generating the number of days needed to repair the copier, when it is out of service, according to the discrete distribution shown. 2. In Excel, use a suitable method for simulating the interval between successive breakdowns, according to the continuous distribution shown. 3. In Excel, use a suitable method for simulating the lost revenue for each day the copier is out of service. 4. Put all of this together to simulate the lost revenue due to copier breakdowns over 1 year to answer the question asked in the case study. 5. In a word processing program, write a brief description/explanation of how you implemented each component of the model. Write 1-2 paragraphs for each component of the model (days-to-repair; interval between breakdowns; lost revenue; putting it together). 6. Answer the question posed in the case study. How confident are you that this answer is a good one? What are the limits of the study? Write at least one paragraph. Answers 1. # of days P(x) Cumulative 1 0.2 0 2 0.45 0.2 3 0.25 0.65 4 0.1 0.9 Q: 2-4. Break Random times b/w Random Repair Random Lost cumulative down # 1 Break (weeks) # 2 Time #3 Revenue time 1 0.78468 5.314929 0.88991 3 2237 $6,711 5.314929 2 0.512227 4.294201 0.831365 2 3244 $6,488 9.60913 3 0.389251 3.743399 0.912647 2 5874 $11,748 13.35253 4 0.998082 5.994243 0.216353 1 3330 $3,330 19.34677 5 0.963834 5.890502 0.415313 4 5487 $21,948 25.23727 6 0.130715 2.169274 0.201205 1 7810 $7,810 27.40655 ...

Words: 1051 - Pages: 5

Free Essay

Analysis of Statistical Models for the Simulation of Rayleigh Faded Cellular Channels

...CAREER EPISODE ONE Analysis of Statistical Models for the Simulation of Rayleigh Faded Cellular Channels 1.2 Background 1.2.1 Nature of the project The successful design and testing of mobile communication systems requires a thorough understanding of the underlying radio propagation environment. This has motivated the development of standardized channel models and methods for the simulation of mobile radio channels. The primary goal of any channel simulation model is to reproduce the statistical properties of the real world channel as faithfully as possible. The main idea behind a class of sum-of-sinusoids (SoS) channel models is to simulate the channel as a stationary complex Gaussian random process, formed by the sum of multiple sinusoidal waveforms having frequencies, amplitudes and phases that are appropriately selected to accurately reproduce the desired statistical properties. 1.2.2 Aims of the project This project aims to compare the statistical SoS methods in terms of their complexity and performance. My partner and I decided to compare the Level Crossing Rate (LCR) and Average Fade Duration (AFD) for various models. 1.2.3 Chart of team organization This project was carried out in a two-member team. I was in charge of the team. The organization of the team is shown as below (Table 1): |Stage 1 |Literature Review; | | |Model Selection ...

Words: 1130 - Pages: 5

Free Essay

Ops 571 Individual Assignment Apply the Learning Curve Theory Part 2 2

... 2. New Simulation Process Scenario 1 (Week 1-2) Changed process has following Configuration: 3. Impact of new configuration on business of Pizza Scenario 2 (Week 3-4) Capacity Report 4. Process of Waiting Line for Customer Scenario 3 (Week 5-6) Capacity Report 5. Scenario 4 (Week 7-8) Process of Waiting Line for Customer Capacity Report Costs 6. Week 7-8 Capacity Report Customers Costs Business - General Business 1.  Individual Assignment: Apply the Learning Curve Theory ·  Review the Pizza Store Layout simulation. During your review, examine the process in this simulation. Play it at least twice, and pay attention to the learning curve. Do not worry about the statistical control in this assignment. ·  Submit five to ten points of process performance data for the performance metrics identified in the Pizza Store Layout simulation. ·  Write a paper of at least 700 words in which you consider an alternative to the process. How might you apply the learning curve concepts to test the alternative against the existing process? How good is the initial process data? ·  Format your paper consistent with APA guidelines. ·  Continue collecting data on the process identified in Week One. ·  Respond to individual Discussion Questions in the Main forum When choosing classes, you should not sign up for more classes...

Words: 333 - Pages: 2

Free Essay

Coputer Basics

...SPICE Netlist Simulation Using NI LabVIEW and NI Multisim Estimated time to complete: 45 minutes Introduction This tutorial demonstrates the step-by-step process to run text-based SPICE netlist simulations from NI LabVIEW. NI Multisim is used as the simulation engine and it is run in a background process connected to LabVIEW using the LabVIEW Multisim API Toolkit. The LabVIEW Multisim API Toolkit is installed by Multisim and it provides over 80 VIs to control a Multisim application instance from LabVIEW. In this tutorial, you will explore the functionality of the SPICE command line interface this toolkit offers. Tip Consult the toolkit Help to find programming guides, flowcharts and the toolkit VI reference.  From LabVIEW, select Help»NI Multisim API Toolkit Help.  From Multisim, select Help»Multisim help, and select the Automation API topic. Objectives  Create and modify a netlist file from a Multisim circuit file  Create and modify a SPICE nutmeg command file  Use LabVIEW to build a VI that will execute the SPICE nutmeg command file  Display results from the simulation There are multiple use-cases for this type of simulation, especially tailored for advanced SPICE users. Some of them may range from old library of SPICE files that you wish to simulate, make a batch process to run analyses on a directory of files, dynamically modify netlist files or analysis parameters to see differences, and so on. This demo script assumes...

Words: 2468 - Pages: 10

Premium Essay

Monte Carlo

...Monte Carlo Simulation Tutorial This tutorial shows how to use Microsoft Excel to develop Monte Carlo simulations without the use of add-ins or special software (such as @RISK or Crystal Ball). (Note, however, that there are some important advantages of using these dedicated software packages.) After completing the tutorial you should have a sufficient understanding of Monte Carlo concepts and Excel capabilities to begin building your own Monte Carlo simulations applied to a wide range of business problems, including the construction of short-term profit plans (otherwise referred to as “Cost-Volume-Profit” models, covered in Chapter 9 of the text). Monte Carlo refers to a widely used approach for solving complex problems using computer algorithms to simulate the variables in the model (e.g., a CVP model). Typically, an algorithm is developed to "model" the problem, and then the algorithm is run many times (from a few hundred up to millions) in order to develop a statistical data set for how the model behaves. Simple Example: Tossing a “Fair” Coin—Heads vs. Tails? For the simplest example, consider the basic coin toss. This is a process which has two possible outcomes (heads or tails), each with a 50% probability. In a million coin tosses, roughly half will be “heads” and half will be “tails.” A simple Monte Carlo simulation would support this conclusion. If you were to develop a spreadsheet with a random number generator resulting in 0 for “heads” and 1 for “tails,” then...

Words: 2387 - Pages: 10

Free Essay

Arrays

...CHAPTER 5 – ARRAYS CASE STUDY SCENARIO Sorting Data A dozen umbrellas lie on the ground just inside the classroom door when Dr. Taylor begins his lecture. “A cold, rainy day like today makes me want to stay in and order pizza for delivery rather than go out myself.” Handing a phone book to a student in the front row, Dr. Taylor says “Gail, please look up the phone number for Domino’s Pizza on Main Street, and if you don’t mind, I will time how long it takes you to find the number.” Gail flips through a few pages while Dr. Taylor looks at his watch. “Here it is . . . 555-8275,” she says. “Seven seconds. Thank you Gail.” Dr. Taylor presses some keys on his cell phone while continuing his conversation. “Now please look up the name of the person with the phone number 555-5982, and again I will time you.” Dr. Taylor’s focus returns to his watch even as he speaks into the phone. Gail slowly flips a couple of pages, then stops just about the same time Dr. Taylor ends his call. “I assure you the number is in there, Gail. We will wait while you look it up.” “You will probably wait a long time,” she says, “because there is no fast way to find a number.” “Why not? It’s the same data.” “But the phone book is sorted by names, so finding a name is easy. Finding a number is very difficult because a phone book is not sorted by numbers.” Dr. Taylor takes the phone book from Gail. “Exactly! The sorting process does not change the data, but it organizes the data in a context...

Words: 5653 - Pages: 23