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BUSINESS DECISION SIMULATION
THE PRICE DECISIONVersi0n I
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_____ SUB actual cost actual market cost amounts Assume based on promotional based on viewers BID BID JOB BID JOB SIMULATION book value business decision simulation cacine cash position chap COMPARATIVE ADVANTAGE Version consumption contractor Coppinum country’s creameries DECISION SHEET determined effective price end of play Factor x factories to Product fixed cost FORM 3 JOB four team game game will last inventory investor job costs JOB SIMULATION FORM machines marketing expenditures Negative cash balances network advertising version number of viewers participants Poisson distribution Price Factor PRICE INTERACTION profits promotional hours PYLASTER Qtr 1 Qtr quality rating Quality Units quarter each team randomly revenues SAMPLE CALCULATIONS sell Share of Market SIGNATURES COMPARATIVE ADVANTAGE standard of living strategy SUB BID JOB subcontractors submitted SUPERTELLY team’s total sales true average cost true average earnings true value typical game variable cost Version II DECISION Vitamin X week winning team