Capsim - Prefect Way to Make R&D Decisions (step-by-step)
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- Опубліковано 18 жов 2024
- Tutorial video for Capsim business simulation. In this video, I take you on a step-by-step demonstration on how you can make the best R&D decisions.
I offer online tutoring for Capsim. Reach out to me via email.
Make sure to watch the previous videos:
• Capsim - Balanced Scor...
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Intro & Outro Music Credits:
Adventures by A Himitsu / @ahimitsu
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Thank you so much for explaining the importance of each section to the different customer groups and how that affects our decisions
VERY helpful video ! I now have a very CLEAR understanding
You used an ideal spot offset before minus (plus) drift rates in your previous video "Performance and size Ideal position". But this video you directly use drift rates on the central segment. Could you explain why?
thank you for making this video to help us figure out the whole thing.
That's a lot! Your capsim explanations are the best!
Isn't the pricing to high?
This video was extremely helpful.
Thank you for helping me pass this course.
Where have you encountered this , which course
Executive MBA - Business Simulation course
@@Vini-xf8zqit was my capstone class during the time.
Holy is this video a blast to the past lol.
@@NostalgicFella holy shit. Graduated with a Master's and now watching this again because of your comment. Got some baaaad flashbacks
Thank you!!! I was stuck and your videos have helped so much
Thank you !! This video is amazingly helpful!
Questions-
1. For Able (Traditional), MTBF is the last priority in customer buying criterion with only 9% weightage. Why increase it to max spec and increase material cost significantly. Instead, you could improve product performance and size closer to ideal spots. The courier you are referring to is for last round. Specs for next round will be higher then what you have put. So keeping mtbf low and reducing material cost can be passed on to customer as benefits through price reduction
@@akbarkumar1 hey Kumar! Your insights and way of thinking is perfectly correct about the performance and size of the product. The closer you get to the ideal spot the better your product will be. However, maxing out MTBF is essential because the simulation scores products based on which product is better at every single customer buying criteria. Thus, having the highest MTBF will potentially result in higher sales.
Regarding positioning my performance and size at the middle of the year, it’s one strategy of positioning your products. It is better for early rounds since the simulation starts you with products that are falling behind. However, positioning at the end of the year is better for the long run. All in all, it’s easier to just position your products at the end of the year and be done with it.
this was SUPER helpful! Thank you!!
Thank you so much for this video It was really helpful!
Hi, is there a round 2 for these decision making in capsim?
Thank you
Hi, does my revision date affect my sales volume, when is the ideal revision date?
How ro calculate performance and size for round 2?
Here also we should try to keep the parameters in the middle i.e between 5.7 and 6.4 , then adding the offset??
Do you recommend adding a new product for either Round 0 or Round 1 ?
Question #1 : so in my practice stimulation. We are not making that much sales because I think we are not producing enough units. It has to be because we don’t have enough capacity. How can we increase capacity on capsim? We need to do this to every single product. I was hoping you could take a look at my capsim. & kind of give me tips and guide me in the right direction. But this is one of the questions.
I will explain this to you over the phone today.
I subcribed to your channel. I just started doing this project. I hope that you would spare me sometime if I ever run into a problem with the project. Thank you so much for your work. Awesome work :)
IS this differentiation strategy? You said early its broad differentiation and then you low the MTBF of ACRE.
Hey, Could you explain why the prices are high. For instance when the price is the most important.
Can I use this tutorial for capsim round 2???
Can we use the same knowledge for compxm?
I think you forgot to add the offset values to the segment center points.
Hello! What strategy would this be considered if we use it?
Hello. When it comes to adding a new product, for example a high end do you still add a half of what it should be to be positioned in the middle of the year even though it will not be developed for an extra year? thank you!
Pavi,
You should compromise a little by reducing performance and increase size until your product is revised within the same year.
@@DynamicDune no matter how much I decrease performance and increase size the new high end product still shows the date in the following year. I have exact same setup as you and our professor asked to add a new high end product
"So Acre, what segment are you from?"
*waits*
"It's not going to answer of course so we need to go and check."
I am too tired to have laughed that hard at this. 🤣🤣🤣
I have a question, why does the low-end segement not position in the middle in the video?
Basically, when the simulation starts and all the companies are equal, the low end products we have are actually more technologically advanced than the low-end customers want. You don't adjust the performance and size on the low-end segment for the first couple of rounds so that you can let it age up to the ideal age of 7.0. The low-end customers want slightly outdated products that are cheaper.
Can I use the same theories you just told us (Round 0) on other rounds of the R&D?
I would like to know also. did you @hello comrade? if so how did it go?
@@erikpolanco2281 how did it go for yall?
@@AndreaRodriguez-nh6we @Andrea Rodriguez It went amazing!!!!!
Between Dynamic dune and JAHILO it's an excellent foundation. After round 1 make sure you also download the RUBRIC under industry results. You thank me later.
Why didn't you offset the ideal positions? In the previous video, you said that you have to offset it because customers do not necessarily want it in the middle. Does that mean that whatever is listed on the capstone courier has already been offset?
Yes, the ideal position on the Capstone Courier Report is the ideal position in the beginning of the next round. Thus, you only need to add half the drift to position the product in the middle of the round, or you can add the full drift to position your product at the end of the round.
The Capstone Courier Report method is faster than the Industry Conditions Report method and saves you a lot of time. Just make sure that you don’t make a mistake in positioning, which will greatly set you back.
Hello, thank you so much for the video! So helpful! What if I have 5 other competitors so it’s 6 all together, should I still position my product in the middle?
Thank you
Tiana, positioning your product isn’t affected by how many competitors are in the industry.
Hello, should i use data in the industry condition file or the customer buying criteria on the simulation webpage or the latter's in the courier??
IN REGARDS TO THE R&D
Dear Hadeel,
They all reflect the same numbers. Make sure that you read the table descriptions on the industry conditions report. You might be misunderstanding what the table is telling you.
Best regards,
Abdulrahman
@@DynamicDune Dear Abdulrahman,
Thank you for the prompt response!
I have compared both and they give completely different numbers. i considered the starting position and ending and still it would not make sense. if you can provide me with your email I could provide you with screenshots. Thank you loads!
@@HadeelHTayeb, my business email, dynamicdune@gmail.com
Where to buy this software?
does this apply for every other round as well
Gianna, yes it does. You just need to adjust the numbers accordingly.
Hello can I contact you it would be in regards to capsim
There is no Traditional performance and size in my Capsim. Why.
Hi Kamil,
I apologize for the late response. Maybe your professor changed the names of the segments or used less segments in your simulation. You can use the videos as a starting point to understand the simulation. If you need further assistance, please reach out to me on my email. DynamicDune@gmail.com
How do we calculate Sales Forecast in ROUND 2 and subsequently.
Check out my forecasting video:
ua-cam.com/video/bA2iUtVc4tA/v-deo.html
The second round forecast will defer in one aspect. You need to look at the market and determine your product's performance compared to your competition. From there, you should be able to estimate your sales percentage of the market and calculate it.
I'm in round 6 and in debt by like 56 mil. Is there any way you can help me?
You are doomed.
Do you have an email that I can contact you from? I have a question regarding CAPSIM.
Adrian, feel free to ask me any question here in the comment section. That actually helps my channel to grow!
My business email is: DynamicDune@gmail.com
Dynamic Dune I sent you an email to your business email. I hope you received it.
I received it, and I replied your email. Good luck!
what email could I reach you for questions
does this work for compxm
Hi Jrod,
I am teaching the method of how to make the best decisions. After you understand the method, you should be able to implement it anywhere with whatever numbers.
Hi there! 👋
I know you have a series of different videos. However, I have a question about my contribution margin for my round 1. Can you be reached by email?
why is this capstone
Hello, are you still receiving questions? If yes, may I get your email address so I can communicate to you my questions?
I am top 1% worldwide lol
2 1, congratulations!! Glad to hear you did an awesome job. Good for you!
@@DynamicDune thank you. I did in 2018. Baldwin :)
@@user-jw1cx2lr6dwhat strategy did you use to make that possible
Just a suggestion buddy....you are too repetitive while explaining things....that kinda drive viewers away. Otherwise....the lesson is awesome
Thank you very much for the feedback Malay Kumar! I really appreciate it. I will do my best to fix that.
I disagree. The way you teach is perfect for someone like me. Please don't stop.
Good guidelines but it's very annoying when you have to go to another video to just find out a little piece of information, then that video sends you to another video. Just keep that in mind, you do it a lot.
I mean he's explaining the seperate sections in detail...otherwise the video would be like 3 hours long.
Add me on Xbox fool
Thank you