Lecture

Samuels Root Beer: Supply Chain Management Simulation

Description

This lecture introduces the 'Samuels Root Beer' supply chain simulation game, where students manage inventory levels and orders for a beverage company. The game involves sharing information, shipment delays, and order processing times, aiming to optimize inventory costs and backlogs. Students analyze inventory, shipments, and orders, making decisions based on weekly demand and delays in the supply chain. The simulation provides a hands-on experience in supply chain management, emphasizing the importance of communication and coordination among supply chain partners.

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