Vlab

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Module Learning Objectives:

To understand that Success of the companies depends upon how efficiently the production and the distribution are integrated to pursue the final goal..
To understand how the lack of coordination and integration between the production system and distribution system results in disruptive effects, such as reduction in profits or unexpectedly high costs.
What is best for production and distribution individually may not be best for them as a whole. So, we incorporate System Dynamics in the system.
To learn the basics of Simulation
To apply the simulation procedure to the "Production Distributiob with Simulation Model".

Study the Theory and Procedure thoroughly.
Download the Simulation Package and conduct experiments as per the given instructions.
Complete the on-line quiz to evaluate your learning.