These capsim rounds are a lifesaver!!! I have gone from round 1 having absolutely no idea what I am doing to round 4 knowing kinda what I am doing. You can bet I will be watching your videos when it comes to team rounds!
Thank you so much for doing these videos. It has helped tremendously on understanding not only how Capsim works but all the technical aspects of the scenarios.
I didn't add a second product until round 2 and my score went up round 1 and 2 then down on round 3 is there an easy fix to make sure I don't fail completely in round 4?
Have you been running out of inventory each round? If so, you need to produce more, but not too much... if you run out of goods, you're losing out on revenue. If you produce too much, you increase inventory costs, so it's a fine balance.
$750 TQM down the row; if I have 7 products should that $750TQM number be different than your 3 products? I'm not quite sure i understood how you derived the TQM of $750... Thank you for your help
I got the 750 because the game shows diminished returns above that and when you do 2M over 3 rounds, you're maxed out, if I remember right. So you front load your benefit.
You can adjust the mtbf's oddly enough, but you can't adjust the size or performance or the age cuts in half. If you can move it to the right place so you can let it age to the right position the game will recognize that your product is more in line with low than high and relabel it for you automatically. If you're not sure, feel free to reach out to me via my website www.watchbobonyoutube.com
I am doing really well following your video. For some reason, I don't have nearly as much cash as you at the end. I'm usually in the red and I have 0 cash on my Fast Track report. Any suggestions?
Are you borrowing? It's possible that the actions taken by the other players are providing the competition that's knocking your numbers a bit. Reach out on my website and I'll see what your numbers are.
I don't really cover them in as much detail. On the videos where I review the results after each round, I think I touch on the ratios, and that's more likely to be in my latter rounds than the early ones. What question do you have? Perhaps I can address it.
Each round, when you can do tqm, you should do the max that you're able to without diminishing returns. If you click on the info bubbles, it will tell you the most you can put in without overspending.
I don't know why my new product that I posted on round 3, I can't make its benchmark prediction go higher than 15 !!! I have no idea what happened. I did pretty good in all the other rounds
For Round 4, my TQM Material Reduction, TQM R&D Reduction, TQM Admin Cost Reduction, and TQM Demand Increase all equal 0.0/3.0 on the Balanced Scorecard. What do you recommend I should do to fix this?
From my experience, TQM doesn't open up until round 5, but I could be mistaken. The moment it opens up, you'll want to invest in TQM as much as possible without creating diminishing returns. I think the magic number was 750k per fund
Hi..I’m working on round 4 right now. And i need help with increasing customer satisfaction and market share ( low tech mkt). Also can you please post your email or your website I cannot find it. Thank you so much ♥️♥️
These capsim rounds are a lifesaver!!! I have gone from round 1 having absolutely no idea what I am doing to round 4 knowing kinda what I am doing. You can bet I will be watching your videos when it comes to team rounds!
I truly thank you for the time and talent in putting the videos together...
You're so welcome! I'm glad I could help! If you know anyone who could subscribe to push me over the 1000 limit, I'd appreciate it!
I greatly appreciate your videos, my professor told us nothing. So thank you for taking the time to explain how this game works. So far im doing well.
Thank you so much for doing these videos. It has helped tremendously on understanding not only how Capsim works but all the technical aspects of the scenarios.
I'm glad they help!
You've helped out more than you could imagine
we got over emergency loan with your advices. You're the best!!!🎉
and it was 34k 😅
I'm so glad!
THANK YOU THANK YOU - I'm killing my footrace because of you!
That's awesome!
You are the man. Thank you so much for this
Thank you. I am in my round 4...
You bet!
I really messed up round 3 and am unsure how to bounce back round 4. please help!
I can help. Reach out via my website, www.capsimhelper.com
@@TH-camPreneur I just sent an email. Thank You!
I didn't add a second product until round 2 and my score went up round 1 and 2 then down on round 3 is there an easy fix to make sure I don't fail completely in round 4?
Sure. You just need to make sure you're hitting the customer criteria and advertising well.
Where did you get the drift sheet?
I created it. I have it available on my website, www.capsimhelper.com
Where do you discuss TQM in this video, did I miss something?
If I didn't discuss it there, check my round 4 results or my round 5 decisions.
Thanks so much for the help really really helped me out
Awesome!!!! Thanks so much Scholar :)
Thank you for your videos! They are so helpful!
Your videos have been tremendously helpful, thank you!! Are there videos for rounds 6 throuugh 8? Thanks again
Yes. I actually have a Playlist with all 8 rounds.
My stock-out costs score is currently at a 0.0, how can I get that score up?
Have you been running out of inventory each round? If so, you need to produce more, but not too much... if you run out of goods, you're losing out on revenue. If you produce too much, you increase inventory costs, so it's a fine balance.
Is there a follow up showing the actual result of this round?
and thank you!
th-cam.com/video/NeCNLaDE98c/w-d-xo.html and you're welcome :)
$750 TQM down the row; if I have 7 products should that $750TQM number be different than your 3 products? I'm not quite sure i understood how you derived the TQM of $750... Thank you for your help
PS: the capsim i have started me with 5 products, not just 1
I got the 750 because the game shows diminished returns above that and when you do 2M over 3 rounds, you're maxed out, if I remember right. So you front load your benefit.
Amazing!!
How do you age a high tech to a low tech? I’m thinking you don’t adjust the performance, size, and MTBF. Is that correct?
You can adjust the mtbf's oddly enough, but you can't adjust the size or performance or the age cuts in half. If you can move it to the right place so you can let it age to the right position the game will recognize that your product is more in line with low than high and relabel it for you automatically. If you're not sure, feel free to reach out to me via my website www.watchbobonyoutube.com
I am doing really well following your video. For some reason, I don't have nearly as much cash as you at the end. I'm usually in the red and I have 0 cash on my Fast Track report. Any suggestions?
Are you borrowing? It's possible that the actions taken by the other players are providing the competition that's knocking your numbers a bit. Reach out on my website and I'll see what your numbers are.
@@TH-camPreneur I did much better for round 4. What is your site address? I can't find it.
Http://www.WatchBobOnTH-cam.com
I'm glad you're doing better!
Do you ever review the other reports during the game? Income...Ratio...Balance sheet and cash flow???
I don't really cover them in as much detail. On the videos where I review the results after each round, I think I touch on the ratios, and that's more likely to be in my latter rounds than the early ones. What question do you have? Perhaps I can address it.
Is there any way you can assist me with mine? I really fudged things up in Round 3 and am in a bind. I can't get it figured out now. :(
What happened?
Is there any reason why you put the TQM at $750 each?
Each round, when you can do tqm, you should do the max that you're able to without diminishing returns. If you click on the info bubbles, it will tell you the most you can put in without overspending.
my group is at round 4 and we have no idea what we're doing still oh man
If you have screen shots, you can share them with me and I'll try to give some pointers.
I don't know why my new product that I posted on round 3, I can't make its benchmark prediction go higher than 15 !!! I have no idea what happened. I did pretty good in all the other rounds
Feel free to reach out to me via my website and I'll take a look.
Do you offer private assistance?
Just contact me at my website. If I can help, I will. I'll need your most recent results page from the most current round
Can you tutor me????? Serious question
I can. I do charge for it, though. Check out my website, www.capsimhelper.com or www.watchbobonyoutube.com
For Round 4, my TQM Material Reduction, TQM R&D Reduction, TQM Admin Cost Reduction, and TQM Demand Increase all equal 0.0/3.0 on the Balanced Scorecard. What do you recommend I should do to fix this?
From my experience, TQM doesn't open up until round 5, but I could be mistaken. The moment it opens up, you'll want to invest in TQM as much as possible without creating diminishing returns. I think the magic number was 750k per fund
Real Estate Investing Unmasked how do I find the maximum number..?! And how can i find out if i have diminishing returns..?!
Hi..I’m working on round 4 right now. And i need help with increasing customer satisfaction and market share ( low tech mkt).
Also can you please post your email or your website I cannot find it.
Thank you so much ♥️♥️
On my website, there's a contact me page. I'll check my email for info from you
I failed.
Sad to hear that.