THE PRODUCTION GAME

[FACTORY 47]

Version 6.0

The aim of the production game [Factory 47] is to provide practical experience in the decision-making process of production planning and management based on the main processes of the production plant, understanding the relationship between production, sales, development, inventory management, internal relationship and related revenue-cost and developing the team effort needed to manage the company.

 Production game offers to you a good opportunity to manage a good production potential company through five periods. The length of each period shall be one financial year.

 The management of the factory must make decisions relating to production and sale of roller skates:

·           product development and marketing financing,

·           the acquisition of production buildings and equipment,

·           buying in and controlling stocks of materials for production,

·           planning the production activity,

·           recruitment of staff,

·           sales of production,

·           managing the economic activity of the company.

 Depending on the number of participants there will be created 4-7 different companies (team), who will be competing in the same market and for the same market demand. Teams are formed at the start of the game to run businesses. Each team runs one company. All necessary input information will be given in the beginning of each period. If there are fewer teams than there are companies competing in the market, the rest of the company will be taken over by the computer.

 

The objectives for the new company are to get at least a middle position in a growing market by the end of the fifth period.

 

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