Question: In the simulation, describe the steps for inventing a new sensor. What are three helpful tips (or pitfalls to be aware of) in creating a
In the simulation, describe the steps for inventing a new sensor. What are three helpful tips (or pitfalls to be aware of) in creating a sensor that customers will buy? Describe in detail the steps that should be taken to accurately forecast the number of sensors you will sell in the next round. In CapSim Online help describes and give tactics and steps for each of the Six Basic Strategies. Of the Six Basic Strategies, which one do you think would provide the most profit and why? In the simulation reports, list at least four differences between the FastTrack report and the Annual Report. In the Production Department, describe the following terms: "Unit Sales Forecast,"; "Inventory on Hand," Production Schedule," and "Production after Adjustment" and how they relate to each other. What are the pros and cons of increasing automation for a production line
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