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Skip Header Skip Header Toggle navigation Assignment MGMT345-05-1802A Sign out rodney.cochran2 Classroom Select Course   Operations Management Operations Management (MGMT345-1802A-05) Student Portal 6:59 PM (CDT) Skip Navigation Home > Operations Management > Assignment List > Unit 4 Discussion Board Simulation Module 3: Forecasting and Contracts

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Unit 4 Discussion Board Simulation Module 3: Forecasting and Contracts 

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Assignment Overview
    Assignment:  Unit 4 Discussion Board Simulation Module 3: Forecasting and Contracts Type:  Discussion Board Due Date:  Tue, 5/1/18 Points Possible:  200 Points Earned: 0 Deliverable Length:  400-500 words View objectives for this assignment This assignment is the Common Assignment Details Scenario Learn Read My Work Assignment Overview Type: Discussion Board Unit:  Operations Scheduling Due Date:  Tue, 5/1/18 Grading Type: Numeric Points Possible:  200 Points Earned:  0 Deliverable Length:  400-500 words View objectives for this assignment Go To:
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    Assignment Details

    Assignment Description

    Module 3: Forecasting and Contracts

    In this module, players choose which contracts to pursue, and optimize their receiving, production, and shipping departments accordingly (20 Turns).

    To gain access to this module, please log into your McGraw Hill student account and select the MGMT345 Master (Cape & Cullen), then select “Click here to launch MH Practice.” On the next screen, select “Assign & Play” to gain access to the various modules. Find “Module 3: Forecasting and Contracts” on the list and select “Play Game.” From that point, follow the instructions in the simulation. Primary Discussion Response is due by Friday (11:59:59pm Central).

    Within the Discussion Board area, write 400-500 words that respond to the following questions with your thoughts, ideas, and comments. This will be the foundation for future discussions by your classmates. Be substantive and clear, and use examples to reinforce your ideas.

    Through improved financial strategies and data management, the supply chain of a company can improve their customer experience, business efficiencies and overall financial performance. By collecting data, improving customer intimacy, establishing financial strategies, and through the use of analytics, organizations can embark on new opportunities and stronger financial futures. Complete the following:

    • Discuss why it is important for an organization’s supply chain to include the management of their data and financial strategies by answering the following questions:

      • What types of supply chain tools help a company collect data? Please describe two types of tools.
      • How does supply chain management help a company to improve efficiency and effectiveness? 
      • How does contract bidding improve a company’s financial outcome?
      • Why is forecasting demand important?

    Be sure to include your references, and format your submission in APA format.

    Responses to Other Students:Respond to at least 2 of your fellow classmates with at least a 100-word reply about their Primary Task Response regarding items you found to be compelling and enlightening. To help you with your discussion, please consider the following questions:

    • What did you learn from your classmate's posting?
    • What additional questions do you have after reading the posting?
    • What clarification do you need regarding the posting?

    What differences or similarities do you see between your posting and other classmates' postings. Be sure to include what you learned from the game module. Note: The game module must be played and completed to earn the associated points. Note:  75 points for the DB and 125 points for the module. Please submit your assignment.

    For assistance with your assignment, please use your text, Web resources, and all course materials.

    Reading Assignment

    Self-Publication: Chapter review of  2–5  Please access the tab that aligns to the unit title: http://careered.libguides.com/ctu/MGMT345

    Assignment Objectives
    • Apply the appropriate operations tools to aid in decision-making and optimize performance.
    • Examine the concepts of managing operations as they apply to the production of goods and services.
    • Introduce students to the concepts of managing operations as they apply to the production of goods and services.

    Other Information

    Instructions:

    This will be discussed during the live chat.

    Instructor's Comments:

    This will be discussed during the live chat.

    Legend
    • Extra Credit
    • View Assignment Rubric
    Collapse All | Expand All Collapse All | Expand All

    Assignment Details

    Assignment Description

    Module 3: Forecasting and Contracts

    In this module, players choose which contracts to pursue, and optimize their receiving, production, and shipping departments accordingly (20 Turns).

    To gain access to this module, please log into your McGraw Hill student account and select the MGMT345 Master (Cape & Cullen), then select “Click here to launch MH Practice.” On the next screen, select “Assign & Play” to gain access to the various modules. Find “Module 3: Forecasting and Contracts” on the list and select “Play Game.” From that point, follow the instructions in the simulation. Primary Discussion Response is due by Friday (11:59:59pm Central).

    Within the Discussion Board area, write 400-500 words that respond to the following questions with your thoughts, ideas, and comments. This will be the foundation for future discussions by your classmates. Be substantive and clear, and use examples to reinforce your ideas.

    Through improved financial strategies and data management, the supply chain of a company can improve their customer experience, business efficiencies and overall financial performance. By collecting data, improving customer intimacy, establishing financial strategies, and through the use of analytics, organizations can embark on new opportunities and stronger financial futures. Complete the following:

    • Discuss why it is important for an organization’s supply chain to include the management of their data and financial strategies by answering the following questions:

      • What types of supply chain tools help a company collect data? Please describe two types of tools.
      • How does supply chain management help a company to improve efficiency and effectiveness? 
      • How does contract bidding improve a company’s financial outcome?
      • Why is forecasting demand important?

    Be sure to include your references, and format your submission in APA format.

    Responses to Other Students:Respond to at least 2 of your fellow classmates with at least a 100-word reply about their Primary Task Response regarding items you found to be compelling and enlightening. To help you with your discussion, please consider the following questions:

    • What did you learn from your classmate's posting?
    • What additional questions do you have after reading the posting?
    • What clarification do you need regarding the posting?

    What differences or similarities do you see between your posting and other classmates' postings. Be sure to include what you learned from the game module. Note: The game module must be played and completed to earn the associated points. Note:  75 points for the DB and 125 points for the module. Please submit your assignment.

    For assistance with your assignment, please use your text, Web resources, and all course materials.

    Reading Assignment

    Self-Publication: Chapter review of  2–5  Please access the tab that aligns to the unit title: http://careered.libguides.com/ctu/MGMT345

    Assignment Objectives
    • Apply the appropriate operations tools to aid in decision-making and optimize performance.
    • Examine the concepts of managing operations as they apply to the production of goods and services.
    • Introduce students to the concepts of managing operations as they apply to the production of goods and services.

    Other Information

    Instructions:

    This will be discussed during the live chat.

    Instructor's Comments:

    This will be discussed during the live chat.

    Legend
    • Extra Credit
    • View Assignment Rubric