Effects of Delivery Delays
You are a retailer who sells goods
in response to customer demand. To ensure that you are
always able to satisfy that demand, you aim to hold
a pre-determined level of inventory. You know that it typically
takes the wholesaler two weeks to deliver in response to
your orders. If others retailers simultaneously seek to have their
orders fulfilled (such as when there is general increase in
demand), supply could be adversely affected and delivery could take
longer periods.
In this game you are challenged to meet
customer demand whilst maintaining inventory levels as close as possible
to the target level. Running out of stock or deviating
from the target inventory level will incur penalties. The aim
is to play the simulation week-by-week for 25 weeks, minimising
penalties incurred.
The simulator is InventoryAndSales-Game.sip. It is described at
InventoryAndSales-Game.pdf.
