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Capsim logistics Registration • You will need an email address and the following SimID or “C number” in order to register for your industry and team. • 09:30 a.m. class: C32244 & C32245 • 11:00 a.m. class: C32247 & C32248 • Your “registration number” is NOT the SimID; you will not have a registration number until AFTER you register with CAPSIM and pay the fee. • Each student should have his/her own CAPSIM registration and email address. If you make a mistake while registering for CAPSIM and can’t correct it yourself, then simply email or call CAPSIM at 888-472-7554 for help. • I have assigned students to two industries based on the first letter of your last name but you can trade with your classmates with my help. Each industry will have 3 or 4 members. Participation • Participation consists of running a company in the electronic sensor industry. There are three rounds – The first round (rehearsal) is individual. You must have completed 8 individual rehearsal rounds (see course calendar) – The second round (practice) is in teams. – The last round (competition) is also in teams. • You will find that all of the normal financial/accounting data and other information a real firm would have will be available to you for your CAPSIM company as it progresses through both the practice rounds and then after I restart the game, the 8 years of real operation. Teams • Each team will have 3 members. • Teams will be identified by their CAPSIM company name: Andrews, Baldwin, Chester, Digby, or Erie. There is one more team Ferris which will be a computer. Performance (1) • Your performance in rehearsal and practice rounds is graded as pass or fail. You need to achieve a certain threshold. You will receive a letter grade for your performance in the competition rounds. • How well your company performs is simply a matter of – How much research and effort each of your team members puts into the CAPSIM exercise, – how well your organization of your team can bring all your team members’ collective experience and knowledge to bear on running your CAPSIM firm, and – how effectively you can implement the strategy your team formulates. Performance (2) • The Balance scorecard measure feature will be used to assign a grade between 0 and 100 to each team’s performance relative to other teams in the class. (The system gives you a total of 1000 points but through “my magic” I will translate it into 100.) • Different rounds are graded differently in CAPSIM: – Round 1: 82, points – Rounds 2 and 3, 89 points – Rounds 4 and beyond, 100 points – Recap 240. Balance scorecard • It was introduced in 1992. It is a strategic assessment tool that can accurately portray a business unit's strategic progress. The Balanced Scorecard asks managers to consider their business from four perspectives: • The Customer • Internal Business • Innovation & Learning • Financial Review quiz • What is a sensor? • Who buys sensors? • Do I need a credit card to register in CAPSIM? • What is a CAPSIM round? • How many rounds will we play? • What is the balance scorecard? • What industry should I register for?
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