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One of the main supply chain deficiencies is the bullwhip effect: Demand fluctuations increase as one moves up the supply chain from retailer to manufacturer. The beer distribution game is widely known for illustrating these supply chain dynamics in class. In this paper we present a spreadsheet...
Scenario analysis is a widely used technique, and business students should be proficient in running scenarios through a spreadsheet model. We propose 10 desirable properties for a scenario analysis technique, and show that the Microsoft Excel Scenario Manager tool satisfies only one of them. We...
The Association to Advance Collegiate Schools of Business (AACSB) requires that undergraduate and graduate students exhibit proficiency in “statistical data analysis and management science as they support decision-making processes throughout an organization” (AACSB. 2008. Accreditation...
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