entrepreneur Simulation

Entrepreneur Retail Entrepreneurship Latest Simulation Results

Macomb Community College Fall 2022

benchmark: Clothing Depot (maco) ............................................................................... 3

Decisions And Results Notice .................................................................................................... 3

Quarter Start ................................................................................................................................ 3 Decisions .................................................................................................................................. 3

Intro - Start-up .................................................................................................................. 3 Decisions - Management/Staffing ...................................................................................... 4

Decisions - Marketing ........................................................................................................ 4

Decisions - Operations ...................................................................................................... 5

Decisions - Pricing ............................................................................................................. 5

Results (for Quarter 1) ............................................................................................................. 5 Performance Measures ...................................................................................................... 5

Quarter 1 ....................................................................................................................................... 5 Simulation Advice .................................................................................................................... 5

Decisions .................................................................................................................................. 5

Intro - Start-up .................................................................................................................. 5

Results (for Quarter 2) ............................................................................................................. 6 Performance Measures ...................................................................................................... 6

Quarter 2 ....................................................................................................................................... 6 Simulation Advice .................................................................................................................... 6

Decisions .................................................................................................................................. 7

Results (for Quarter 3) ............................................................................................................. 7 Performance Measures ...................................................................................................... 7

Quarter 3 ....................................................................................................................................... 7 Simulation Advice .................................................................................................................... 7

Decisions .................................................................................................................................. 7

Results (for Quarter 4) ...........................................

.............................................................................................. 5

Results (for Quarter 2) ............................................................................................................. 6

Performance Measures ...................................................................................................... 6

Quarter 2 ....................................................................................................................................... 6

Simulation Advice .................................................................................................................... 6

Decisions .................................................................................................................................. 7

Results (for Quarter 3) ............................................................................................................. 7

Performance Measures ...................................................................................................... 7

Quarter 3 ....................................................................................................................................... 7

Simulation Advice .................................................................................................................... 7

Decisions .................................................................................................................................. 7

Results (for Quarter 4) ............................................................................................................. 7

Assignment Results ............................................................................................................................ 8

Case Quiz (A) ................................................................................................................................ 8

Peer Evaluation Results ..................................................................................................................... 9

Evaluation ..................................................................................................................................... 9

Entrepreneur Game Information

Industry

benchmark

Company

Clothing Depot (maco)

Decisions And Results Notice

This is a Decision oriented report. To make analyzing Results easier, the Results have been shifted back

one Quarter so the Decisions made are followed by the Results they created. For example, if you are

looking at the Decisions for Quarter 2, you will see their associated Results from Quarter 3 under the same

Quarter 2 header if the simulation has advanced.

First Decision

9/20/2022 6:06 PM

Last Decision

9/26/2022 1:58 PM

Quarter Start

Decisions

Intro - Start-up

Business Name - on 9/20/2022 6:06 PM

Clothing Depot

Finance - on 9/20/2022 6:06 PM

Bank Loan

Product Line - on 9/20/2022 6:06 PM

Casual

Location - on 9/20/2022 6:06 PM

Shopping Center

Decisions - Management/Staffing

Number of hires/layoffs - on 9/20/2022 7:06 PM

6

Part-time wages per hour - on 9/20/2022 6:44 PM

10.00

Training Budget - on 9/20/2022 7:07 PM

10

Decisions - Marketing

Social Media - on 9/20/2022 6:41 PM

Active

Television - on 9/20/2022 7:03 PM

Active

Total Campaign Cost - on 9/20/2022 7:03 PM 11132

Decisions - Operations

Hours Open - on 9/20/2022 7:00 PM

10

Pants Purchase - on 9/20/2022 7:00 PM

2000

Tops Purchase - on 9/20/2022 7:00 PM

2000

Decisions - Pricing

Tops Price - on 9/20/2022 7:03 PM

20

Tops Price Level - on 9/20/2022 7:03 PM

Medium

Results (for Quarter 1)

Performance Measures

Cuml. Revenue Pants Inv./Sales Variance Tops Inv./Sales Variance Cuml. Profit Stock Price

91,000 - 0.3 - 0.3 - -6,964 - 5.50

Quarter 1

Simulation Advice

Customers are complaining your selection of tops is too small.

You did not sell enough to cover expenses this quarter! Be sure to check your sales projections when

making your decisions.

More promotion could help bring customers into the store.

Be sure to use the Forecast tool to help you manage cash flow.

Decisions

Intro - Start-up

Product Line - on 9/20/2022 8:56 PM

Casual

Location - on 9/20/2022 8:56 PM

Corner

Results (for Quarter 2)

Cuml. Revenue - Pants Inv./Sales Variance - Tops Inv./Sales Variance - Cuml. Profit - Stock Price

186,550 - -0.4 - 0.4 - -7,876 - 7.01

Quarter 2

Simulation Advice

Customers are complaining your selection of tops is too small.

You did not sell enough to cover expenses this quarter! Be sure to check your sales projections when

making your decisions.

More promotion could help bring customers into the store.

Be sure to use the Forecast tool to help you manage cash flow.

Decisions

No decisions were found for the current Quarter.

Results (for Quarter 3)

Performance Measures

Cuml. Revenue - Pants Inv./Sales Variance - Tops Inv./Sales Variance - Cuml. Profit - Stock Price

286,020 - 0.3 - 0.5 - -7,262 - 9.54

Results for Quarter 3

Performance Measures

Cuml. Revenue - Pants Inv./Sales Variance - Tops Inv./Sales Variance - Cuml. Profit - Stock Price

286,020 - 0.3 - 0.5 - -7,262 - 9.54

Quarter 3

Simulation Advice

Customers are complaining your selection of tops is too small.

More promotion could help bring customers into the store.

Decisions

No decisions were found for the current Quarter.

Results (for Quarter 4)

No results were found for the current Quarter.