Sunday, August 07, 2016

Case study in business simulation game #2

This table shows the results for round 10 of the business simulation game.

It shows the input (price, capacity, advertising) submitted by the players. One player is a real person. The others are robots, submitting random inputs (but fairly intelligent figures).

The chart shows the quantity sold (also called demand) by each player and the dollar amounts of sales, cost, expenses and profit for the round. The cumulative profit is also shown. The rank shows the ranking of the players based on cumulative inputs.

This table shows how the demand varies according to the price and advertising. The player with the highest profit for this round is the one who submits the best combination of price, capacity and advertising.

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