BizGames

Company:

Terry College of Business University of Georgia

Type:

Manual

Topic:

Inventory Management

Summary:

The purposes of the Poker Chip Distribution Game are: 1) to demonstrate the detrimental impact of using traditional single-item, single-firm inventory theory (e.g. min-max or EOQ/ROP) in a multi-item, multi-echelon production/ distribution system; and 2) to have students derive a logically sound production/distribution system for a multi-item, multi-echelon production/ distribution environment using theory of constraints (TOC) and just-in-time (JIT). The concepts of strategic buffering and mixed model scheduling provide the foundation for developing the new inventory management system.

# Players:

Unlimited

Duration:

4 class sessions

Year:

2006

Prereqs:

MBA

Cost:

Free

Contact:

James F. Cox III

Web site:

http://ite.pubs.informs.org/Vol6No3/CoxWalker/

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User comments:

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