Capsim is a strategy simulation used by the Strategic
Management course BUS M 581 in the business school at BYU. The simulation has
students to take control of a company and compete with other student teams and
requires them to make strategic decisions regarding product development,
marketing, financial operations, and so on and essentially tests these
decisions in the simulation’s market environment. While these decisions give
the game an unpredictable element, the simulation variables, such as total
segment sales each round and customer expectations of products, are given and
predictable. A PDF providing more in-depth information on the simulation can be
found here, and
while some of the system’s terms and variables will be explained in this
document, not all of them will be.
This
Simulation Helper project was designed to make team decisions simple; it gives
the “big picture” view of the industry by providing the following
functionality:
·
Load previous round results, specifically
products
o
Color-codes these results based on how closely
they meet customer specification
o
Calculates some additional values, such as
margin estimates
·
Graph of all products on segment expectations,
giving an idea of where the industry is
·
Segment analysis which calculates the
limitations of any given segment as well as attempting to predict next round’s
customer scores
·
TQM analysis which takes the predicted values
for TQM initiatives to determine if they are worth the cost
The
project’s effect on the simulation was staggering: team performance exceeded
that of every other team in the class and was in the 99th percentile
through the final round among all participants.
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