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Mower Sim |
This simulation teaches basic profit calculations through the use of a small Lawn Mower operation. It simulates a 100 day mower season where the user decides the number of mowers to be used each day, the price to be charged for mowing and how much to spend on advertising. This sim applies cash only reconciliation. A results report and outcome chart are provided to measure performance. |
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Financial Statement Sim |
This simulation teaches the relationships and integration between the Financial Statements (Income Statement, Balance Sheet and two forms of Cash Flow). It uses color coding and graphics to show the interactive nature between such transactions as sales, purchasing, borrowing, investing and stocks. It simulates 12 quarters of basic business operation. Financial Ratios are reported for each period. |
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Business Sim |
This simulation teaches the relationships between several Business Decision variables in a typical manufacturing business environment. It simulates 12 quarters of business operation. Accrual accounting methods are used. Each period an Integrated
Financial Statement report is provided. |
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Cost-Volume-Profit Analysis Sim |
This simulation teaches basicCost-Volume-Profit relationships through the use of graphic displays that change as the decision variables are changed. The Normal Distribution is used to convert varying demand values to probabilities. |
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Material Requirements Planning (MRP) Tool |
This tool teaches basicMRP relationships through the use of graphic displays and the ability to change part data. The Parts Explosion Report is used to display all part requirements to achieve the Master Schedule. A single product (Table) with a fixedBill of Materials is used in this example. |
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Critical Path Method (CPM) Tool |
This tool teaches basicCritical Path relationships through the use of graphic displays and the ability to change time and cost data. A single network with fixed paths is used in this example. The Crash Sequence Report is used to display how the network could be reduced one step at a time. |
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Time Value of Money Tool |
This tool teaches basicTime Value of Money relationships through the use of cash flow diagrams, TVM formulas and TVM tables. Six TVM Models are provided and each model yields multiple output options. Variable value selection is limited to a predeter-mined set of outcomes. |
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EEO Compliance Sim |
This simulation teaches basicEEO Compliance relationships and is designed to help students understand the decisions associated with EEOC guidelines. This simulation combines two metrics, compliance and effectiveness, to help the user better understand issues associated with managing the human resource function. |
