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Project3Step5-CapsimDecisionRecord.docx

Capsim Decision Record

Directions: This document is intended to help you record your thoughts as you apply your team’s chosen strategy through the rounds in Capsim. The notes you take here will be useful for your final analysis.

Fill out the tables as the simulation progresses. Add additional tables as needed.

Listed in each department are the action items given in Capsim: A Systematic Approach to Making Strategic Decisions. Explain your team’s decisions for each action item. Be sure to update this form after each round and evaluate your team’s prior decisions.

Chosen strategy: _____________________

Research and Development

Product Name _________

_______

Round 1

Round 2

Round 3

Round 4

Round 5

Speed

Accuracy

Service life

Region Kit

Comments: …

Marketing

Product Name _________

· Region Selected for Sales: _______

Round 1

Round 2

Round 3

Round 4

Round 5

Price

Promotional budget

Sales budget

Unit Sales Forecast

Comments: …

Production

Plant location: ___________

Product Name _________

Round 1

Round 2

Round 3

Round 4

Round 5

Production Order - USA

Production Order - Germany

Production Order – China

Capacity for the next round

Automation next round

3

3

3

Comments: …

Finance

Round 1

Round 2

Round 3

Round 4

Round 5

Current Debt Borrow

Bonds Issue

Bonds Retire

Stock Issue

Stock Buy Back (Retire)

Dividend Issue

Comments: …