Business Fundamentals Marketing Management Assingment Help With Solution
A. Submit the following documents from your simulation company:
• Final cumulative balanced scorecard ending with Quarter 4
• Income statement from the Quarter 5 performance report, showing Quarters 1 through 4
• Balance sheet from the Quarter 5 performance report, showing Quarters 1 through 4
Note: You may submit your files in a wordprocessing document or spreadsheet format.
B. Analyze your simulation results by addressing the following prompts (B1 through B5).
Note: Reflect on the following in your analysis: Your actions during the simulation, the relationship between your actions and your simulation results, your success compared to other competitors, and alternatives to your actions that could have produced better results in the simulation.
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Keeping your analysis and the simulation content in mind, do the following:
1. Evaluate how you utilized budgets and proforma statements to plan funding of the
production capacity you needed to achieve your business goals.
2. Discuss how you could have employed each of the following strategies to improve operating efficiency in your manufacturing facility:
b. Lean operations
3. Discuss the applicability of work cells versus a traditional straight line method to the type of manufacturing facility used to assemble computers.
4. Evaluate your decisions involving inventory management (e.g., did you have inventory when you needed it without incurring unnecessary inventory carrying costs?).
5. Explain how a specific continuous improvement program could have been used within the type of manufacturing facility in the simulation to achieve quality assurance goals.
C. When you use sources, include all intext citations and references in APA format.
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