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How Do You Retire a Product in Capsim?

FAQs Jackson Bowman July 29, 2022

To discontinue a product, simply go to the production area and sell all capacity for that product by entering a negative value in the Buy/Sell capacity cell. Selling the entire capacity will discontinue the product.

How do you do production in Capsim?

What is production after adjustment in Capsim?

Production after Accounts Payable adjustment (the A/P delay entered in the Marketing spreadsheet) and other conditions affect the availability of parts needed to build a product. This line adjusts production forecasts to account for material shortages.

How do you do well in Capsim?

To keep your business profitable, you want high profit margins. If you’re sitting on cash, try to pay dividends to shareholders. But make sure you only pay dividends after you’ve made a profit; Dividends must be less than earnings per share.

What is the measure for product/service life?

Durability is a measure of the lifespan of a product and has both economic and technical dimensions. Technically, durability can be defined as the length of time you can get from a product before it deteriorates.

How do you sell off capacity in Capsim?

Capacity can be sold by entering a negative number to indicate the amount you wish to eliminate. The capacity will be sold on January 1 for 65% of the purchase price. When capacity is sold, the sale is completed immediately and the money is available in the current turn. Selling its entire capacity will terminate a product.

How do you win Round 1 in Capsim?

What does retiring stock do in Capsim?

Repurchase Shares – You can redeem up to 5% of your outstanding shares in each round.

What do red numbers mean in Capsim?

A red number in the cash position cell indicates that a shortfall is expected and your team needs to reach out to the capital markets. Lack of funds means the company is running out of cash.

How do you calculate production after adjustment?

Is Capsim simulation hard?

The simulation was easy to use and navigate. It won’t take you long to learn the system. The challenge was that the instructor had us work in groups. The class had 6 groups (5 students each).

How do you get more profit in Capsim?

You can improve your margins in two ways. If your business is a differentiator, you can raise prices. The company distinguishes itself by creating high demand with good design, high awareness and easy accessibility. You sacrifice part of the demand with a higher price.

How much should I spend on recruiting in Capsim?

3.5.1 Recruitment

You can spend up to $5,000 per person to hire better talent. The amount is added to the $1,000 automatic hiring fee for each new hire. Recruitment expenses and training budgets are not entered in thousands. To spend $5,000, enter 5000.

What are the 5 stages of product life cycle?

The product lifecycle is the progression of a product through 5 distinct phases – development, adoption, growth, maturity and decline.

How do you monitor product performance?

How do you manage the product life cycle?

References:

  1. https://www.youtube.com/watch?v=Grz3fOYh_m0
  2. https://ww3.capsim.com/guides/capstone_harvard2011/capstonespreadsheet/productionbc9c.html
  3. https://jindal.utdallas.edu/blog/capsim-how-to-win/
  4. https://hbr.org/1987/11/competing-on-the-eight-dimensions-of-quality
  5. https://ww3.capsim.com/guides/capstone_harvard2011/capstonespreadsheet/productionf0e5.html
  6. https://www.youtube.com/watch?v=fhHs_oW4u1k
  7. https://ww3.capsim.com/modules/GIA/files/1_0/0/CapsimCore/EN/PDF/UserGuide.pdf
  8. https://ww3.capsim.com/guides/capstone_harvard2011/financebc9c.html
  9. https://www.youtube.com/watch?v=W38fyQnnIZ4
  10. https://www.degreeforum.net/mybb/Thread-Capsim-Experience
  11. https://ww3.capsim.com/guides/capstone_harvard2011/-reports/164-how-can-we-improve-our-contribution-margin.html
  12. https://ww2.capsim.com/PDF/Comp-XM_Basix_Guide.pdf
  13. https://www.surveymonkey.com/market-research/resources/5-stages-of-product-life-cycle/
  14. https://www.altexsoft.com/blog/business/15-key-product-management-metrics-and-kpis/
  15. https://www.indeed.com/career-advice/career-development/manage-product-life-cycle

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