operations management simulation: benihana v2
You are reporting to the manager of business analytics (who has a PhD in Operations Research), for whom you work. Your report should include (but is not limited to):
• Background information
• Factors that impact profitability; what control you have over these factors; the influence these factors have on profitability (i.e., can you develop models?)
• What approach(es) you took in finding the optimal “settings” for the final scenario; possibly analytically showing that your approach is “better” than other approaches
• Results
• Recommendations
Think a bout
1. How do you think batching strategy affect throughput? What are the potential disadvantages of batching?
2. Should you implement the same batching process throughout the night?
3. Is having the bar a good idea? What is optimal size of the bar for maximum capacity?
4. What is the impact of changing dining time? How can you reduce demand variability?
5. What do you think is the best strategy for maximizing profitability Vs maximizing throughput? Are there any correlations between these variables?
6.What decisions produced your highest throughput?
7.What decisions produced your highest profit?
8. How did one set of decisions influence the others?
9. What theory underpinned your optimum strategy?
Example: https://pdfslide.net/documents/benihana-simulation-analysis.html