The ability of companies to attain a high level of knowedlge sharing, in effect becoming knowledge generation networks, is well-known in the areas of auto manufacturing, specifically at Toyota (Dyer, Nobeoka, 2000). Simulations such as these show the potential to predict if and when a company will attain this level of process and knowledge sharing performance.
Assessing the Pros and Cons of Simulations as Learning Platforms
The primary strength of constraint-based models is their ability to interpret many potentially conflicting constraints and still arrive at an optimal solution for logistics and transportation management initiatives and programs. This simulation also illustrates how the trade-offs inherent in the constraints have a major impact on the overall profitability of a company over time. Another aspect of this simulation showed how a bottleneck at any one point can cost tens of thousands or even millions in lost sales and inventory carrying costs. Finally, the simulation showed very clearly how the logistics and distribution dynamics in a company can either drastically contribute or detract from overall profitability and performance.
One of the greatest advantages of this approach to learning is the ability to continually review concepts by reviewing them and going...
Vin Logic Simulation Lessons Learned and Insights Gained from the VinLogic Simulation Model The intent of this analysis is to provide an overview of lessons learned in the areas of operations management, specifically in the areas of transportation and delivery as a result of viewing and studying the VinLogic Simulation Model. The VinLogic Model is predicated on the concepts of the supply chain optimization and modeling, a patented series of technologies created
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