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ERIC Number: EJ1063274
Record Type: Journal
Publication Date: 2011-May
Pages: 6
Abstractor: As Provided
Reference Count: N/A
ISBN: N/A
ISSN: ISSN-1540-4595
The Ordering Challenge: An Online Game to Introduce Independent Demand Inventory Concepts
Meyer, Brad C.; Bishop, Debra S.
Decision Sciences Journal of Innovative Education, v9 n2 p315-320 May 2011
Students are put in the role of a manager who watches inventory levels decrease and must order at the right time and in the right quantity to minimize costs. This interactive game requires the students to race against time and has levels of increasing difficulty. It introduces the students to the concepts of holding cost, ordering cost, backlog cost, the sawtooth curve, reorder point, order quantity, ABC categorization, and continuous review systems. The game is simple and is available free online. An accompanying assignment is designed to guide the student's reflection process while playing the game.
Wiley-Blackwell. 350 Main Street, Malden, MA 02148. Tel: 800-835-6770; Tel: 781-388-8598; Fax: 781-388-8232; e-mail: cs-journals@wiley.com; Web site: http://www.wiley.com/WileyCDA
Publication Type: Journal Articles; Reports - Descriptive
Education Level: N/A
Audience: N/A
Language: English
Sponsor: N/A
Authoring Institution: N/A