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Old 11-09-2006, 01:31 AM   #1 (permalink)
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How my School went for the last week........

Rank Team Cash Balance ($)
1 chemfoam $21,451,926.14
2 pangeachemical $18,100,696.09
3 calopeiachem $17,251,820.60
4 aurora $17,235,703.89
5 gigidy $13,130,807.16
6 sterlingcheminc $12,349,735.66
7 donothing $12,199,282.59
8 chemtech $12,115,712.18

Below shows how we did it.

Description Amount ($)
Starting Cash $5,000,000.00 All But $8000 was spent by time we Started!
Cash Sources .
revenues $177,382,850.00
interest $2,055,046.74
Cash Uses .
add capacity ($7,146,950.82)
production ($123,293,000.00)
FGI holding ($734,020.93)
Pipeline inventory holding ($156,378.90)
outbound shipping ($19,510,550.00)
add warehouses ($400,000.00)
inbound shipping ($15,096,300.00)
Cash Balance $18,100,696.09







This is the result of a week long Yale University run Senerio for logistics.
You are in charge of a major corp that services 5 differnt countries.I built three factories and 5 warehouses.Set up the manufacturing and supply chain. Mail VS Trucking was critical during this because of costs.
Also long range planning and looking at stats was all done in a short time.
Borders,Islands,Taxes,excess inventory are all key to have to control.
My team "Me and two others" got a day late start and only had $8000.00 to start. Everyone else Had $5 Million too start with.
We where told We would be out of the game in a few minutes.
Dont ever tell P-3 he cannot do something!
Pangeachemical "IE Death Chem Was what I wanted to call it" Took baby steps as goals as eneded up in second place. Lots of late nights and no sleep.
A few more hrs and I would have had them!
They made 2 million in last seconds of the game.
It was tuff but we never gave up.

Now any logistics company or big manufacturer want to Make 18 million profit in a week and hire a Rag Tag bunch of Misfits?


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Old 11-09-2006, 03:03 AM   #2 (permalink)
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good stuff dave

PS




Hay Dave the game does not allow for inventory shrinkage, shortages, bill backs, ect? this can make or break a profit.
I so miss the big biz
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Old 11-09-2006, 07:41 AM   #3 (permalink)
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Dave, where do I send my eight large?
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Old 11-09-2006, 02:43 PM   #4 (permalink)
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Originally Posted by Lrrpie-CT View Post
Dave, where do I send my eight large?
You ask that in THIS forum?! Well, Palmer's of course!!
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Old 11-11-2006, 10:23 PM   #5 (permalink)
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Just found out that we are getting reconignised by the inventor of the game as well as some sort of prize on mon for our performance.
They where all watching and said they have never seen a team make all the right moves and keep the cash flow vertical before.
My professor said that all three of our names are known through out the logistics commmunity now because of our performance. Apperantly we are the talk of the who,s who in the logistics world.
Make a person feel good!
Maybe I have learned something useful in school after all?

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Old 11-12-2006, 10:08 AM   #6 (permalink)
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Dave's a Wanted Man...in the GOOD sense of the term now! Hope that scenario y'all did pays off in the business world. Great job, BTW!
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Old 11-14-2006, 01:09 AM   #7 (permalink)
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Well I got a $5 mcdonalds gift certicate from my dean.............................................. .................................................. .................................................. .................................................. .................................................. .................................................. .................................................. .................................................. .................................................. .................................................. .................................................. .................................................. .................................................. .................................................. .................................................. .................................................. .................................................. .................................................. .................................................. .................................................. .................................................. .................................................. .................................................. .................................................. .............................................And a $500 check from the inventors of the game!
Wahoo who says school doesn't pay!

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Old 11-14-2006, 08:42 AM   #8 (permalink)
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That's awesome!
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Old 11-14-2006, 08:24 PM   #9 (permalink)
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Cool can you find me a hook up for teaching inventory?
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Old 11-14-2006, 09:46 PM   #10 (permalink)
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hmm any publication of this scenario online?

im a business major, and this is just awsome... lol hell of a profit.
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