2. PACMAN
Chief Engineer
Peiyi Huo
Chief Operations Manager
Chirag Agarwal
Chief Architect
Abide Masaraure
Team Strategy: Identify the enemies, befriend them and then stealthily attack .
3. ● Overview 1 & 2
● Choosing the Contract
● Ordering machines
● Choosing the safety stock
● Selecting the reorder point
● Selecting the order quantity I and II
● Maintaining contracts
● The unmanned spacecraft
● Lessons Learned
● Acknowledgment and thanks
Agenda
4. ● This was an exciting and a highly contested simulation
Our goals were to:
● increase the team revenue with minimal risk
● increase our team position in the overall standings
●learn more about purchasing, lot sizing and how to
maintain supplier contracts
Overview 1
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pacman
maniacs
ads123
kgs
ideaco csuite
Closing cash balance $2 406 931
6. ● Switched to contact 2 on Day 54
● Contract 2 offered better revenues compared
to contract 1
Choosing the contracts
7. ● Machines were ordered the same day
we entered into Contract 2
● We had enough cash to purchase the machines
● One more machine was added to each of
the three stations
Ordering machines
8. Safety Stock
● (Max Daily Usage − Avg Daily Usage) × Lead Time* Service Factor
● Used the safety stock to calculate the optimal order
quantity
Determining safety stock
9. ● Point was changed on day 55
● Job queues were increasing because the inventory
was out of stock
Choosing the reorder point
10. ● Calculated the optimal order quantity to
minimize costs
● On day 63 order quantity was changed to
14400 kits by doubling current order quantity
Selecting the order quantity I
11. Selecting the order quantity II
● The optimal solution is was to order for 3 times in the next 81 days.
● So the order quantity was be changed to 12.5*27=337.5338batches=20280 kits
12. ● Utilization station under each station was well under 0.5
● This enabled us to choose contract three which
paid $1250 per job
●Contracts were interchanged between 2 and 3
according to the changes in queue sizes through the
rest of the simulation
Maintaining the contracts
13. ● Ceased to use contract 1 and 2 after
day 132
● Revenue averaged 1200 from day
80 using contract three
Revenue Analysis
14. ● On day 70 scheduling rule of station 2 was set to priority step 4
● This was due to a number of jobs queuing on station 1
● 2 days later priority was changed back to FIFO and the queue size of station 1
was well close to 0.1 in the next coming days
Scheduling Analysis
Station 2 QueueStation 1 Queue Station 3 Queue
15. ● Last 50 days in space - Getting the right fuel
The unmanned Spacecraft
16. ● Accurately forecasting demand
● Calculating the the reorder point
● Determining the reorder quantity
● Minimizing inventory costs
● Maintaining supplier and service contracts
Lessons Learned
17. ● Thanks to the Professor for her efforts in delivering the course.
● Thanks to the PACMAN team for your hard work.
● To the MBE class…. It was fun to be in the program with you.
● And thumbs up to our enemy, team gg.
Acknowledgment and thanks
