Using the arena simulation from the class lecture identify, Ask an Expert

Management Studies

Using the Arena Simulation from the class lecture, identify the best combination of system improvements as measured by the increase in average monthly profit per dollar invested. You may not spend more than $4000 on changes. (Learning Outcome #2)

a) List the improvement options you tested and the increase in profit per dollar invested for each option tested.

b) Write a brief explanation of how you determined which improvement option to recommend.

c) Include a printed copy of the output sheet from Arena that shows the average number of good units produced in a month for the baseline (starting system) and for your final system with your recommended set of improvements.

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Operation Management, Management Studies

Category:- Operation Management
Reference No.:- M91630491

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