Interactive Timeline

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Capstone
The Decision Making Process
This presentation shows the general guidelines
of the decision making process in Capstone
Capsim Management Simulations Inc.
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Capstone
School Professor Class Section
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Capstone
The Six Basic Strategies
The Six Basic Strategies give you a starting
point. Make sure before you start making any
decisions to go over the strategies and choose
one that you feel comfortable using. Keep in
mind that all these strategies are proven to
work, if youre not doing well its more likely
that youre executing the strategy incorrectly.
Link to Six Basic Strategies
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Capstone
Practice or Competition Rounds
Double click on Capstone.xls
Choose Work on My Companys Official Decisions
Enter your User ID and Password
Go to Decisions
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Capstone
Marketing
Production
Finance
Additional Modules
R D
Go to Decisions gt RD
For New Products Change products attributes to
meet Customers Buying Criteria
For Existing products Change products
attributes to meet Customers Buying Criteria
Change Size, Performance MTBF
1. Give name to new product
2. Choose Size, Performance MTBF
Changes in RD affect
1. Age of the product (current age/2)
3. Buy Capacity Automation (buy it this year,
use it next year)
2. Revision Date (when will the product be
available for sale)
3. Cost
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Capstone
Marketing
Production
Finance
Additional Modules
R D
Go to Decisions gt Marketing
Enter Price (Look at Customer Buying Criteria)
Enter Promo Budget Sales Budget (Look at Six
Basic Strategies Student Guide)
Enter Your Sales Forecast (Look at Online
Manager Guide or Student Guide gt Forecasting)
Link to Sales Forecast
Enter A/R A/P (Look at Online Manager Guide)
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Capstone
Marketing
Production
Finance
Additional Modules
R D
Go to Decisions gt Production
For New Products
For Existing products
Discontinue a Product
1. If no inventory gt Sell all capacity (enter
negative number in Buy/Sell Capacity)
Buy Capacity Buy/Sell Capacity gt enter positive
number
Enter Production Schedule
Buy or sell capacity (if applicable) In Buy/Sell
Capacity cell - Buy enter () number - Sell
enter(-) number
Choose automation level Enter () number in New
Autom. Rating.
2. If there is inventory gt Sell all but 1 unit of
capacity
Change Automation in New Autom. Rating (if
applicable)
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Capstone
Marketing
Production
Finance
Additional Modules
R D
Go to Decisions gt Finance
Your Goal is Cash Position by the End of Year
should be POSITIVE
Borrow Money
Retire Money
Issue 10-year bonds Long Term Debt
Retire bonds early
Retire stocks
Issue Stocks selling common stock to the public
Dividends
Borrow 1-year notes Current Debt
Issue Dividends give money to Shareholders
Important these numbers are as good as your
FORECASTING. The real numbers might be different.
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Capstone
Marketing
Production
Finance
Additional Modules
R D
For Additional Modules
Go to Online Manager Guide Or Help gt Tutorials
Demos gt Additional Modules Or Student Guide
Link to Additional Modules
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Capstone
Links to Additional Resources
Student Guide PDF
Spreadsheet Demonstrations
RD
Product Invention
Marketing
Production
Finance
Manager Guide
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Best of Luck!