Title Strategic Management Games – innovative teaching method for business education
Project Number 2011-1-PL1-LEO05-19884
Product P9 Algorithms of VSMG
Title P9 Algorithms of VSMG
Product Type others
Marketing Text Algorithms of VSMG are mathematical equations which transfer the business logic and all relations among elements of business reality into equations.
In these equations the following relations were described:
- price index,
- sales channels effectiveness,
- sales index,
- production effectiveness,
- stock shortage,
- employee satisfaction,
- debt index,
- plan fulfillment index.
We accepted the production companies' logic, which means that virtual companies run by trainees have a production line (factory) in one location and they should open and run sales offices in another/other location/s. Products produced in factory should be transferred to sales offices and then it is possible to offer these products to clients.
Target group business trainers, game designers
Result Algorithms help to transfer the cases into scenarios (into parameters). Algorithms are the essential to produce the software (engine) of strategic games.
Area of application Algorithms can be used in building the software (engine) of strategic management games for education purposes.
Product Languages English