MGT 3900 PLAN REQUIREMENTS FOR MIYAOKA LITTLEFIELD SIMULATION

MGT 3900 PLAN REQUIREMENTS FOR MIYAOKA LITTLEFIELD SIMULATION Team Name: Team2 Questions about the game set up: 1) The cost of a single raw kit is: Unit cost = $10.00/kit 2) The lead time to obtain an order of raw kits is: 4 days 3) The amount of interest earned on the cash balance is (choose one): a. Current market rate. b. 5% c. 10% d. 10% minus taxes Forecast of demand: Either enter your demand forecast for the weeks requested below, or use Excel to create a projected demand graph and import that into a Word document. The forecast is to be based on information given in the instructions AND data you have at the start of the simulation from the first 50 days of operation. Period Forecast (on average per day) 0-50 12.24 50-100 16 Explain how you made your forecast. If you used a forecasting rule, state which rule and show the