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ERIC Number: EJ1158299
Record Type: Journal
Publication Date: 2017-Oct
Pages: 19
Abstractor: As Provided
ISSN: ISSN-1540-4595
A Simulation for Managing Complexity in Sales and Operations Planning Decisions
DuHadway, Scott; Dreyfus, David
Decision Sciences Journal of Innovative Education, v15 n4 p330-348 Oct 2017
Within the classroom it is often difficult to convey the complexities and intricacies that go into making sales and operations planning decisions. This article describes an in-class simulation that allows students to gain hands-on experience with the complexities in making forecasting, inventory, and supplier selection decisions as part of the sales and operations planning process. The activity may be run during one class period and is flexible enough to accommodate almost any class size. During the simulation, students may apply forecasting techniques, inventory management concepts, and supplier selection processes, while experiencing the effects of supply chain disruptions. This simulation is recommended to be used after forecasting, inventory management, and supplier selection topics have been discussed. An overview of the exercise and evidence of its effectiveness is provided.
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Publication Type: Journal Articles; Reports - Descriptive
Education Level: Higher Education
Audience: N/A
Language: English
Sponsor: N/A
Authoring Institution: N/A
Grant or Contract Numbers: N/A