Capsim - Performance & Size Ideal Positions

[@JohnSmith-hj4mo]

Dude, your bloopers are funny. That drawing at the end! The moment you realized it wasn't going to work must have been great

[@markrowe8971]

Use segment center YoY to find 1/2 way (june) then add offset for ideal spot. If you ever redo this video. I think it could be 5 minutes.. Only use one with a Ideal spot offset. Be succinct.

[@DynamicDune]

Great way of explaining Mark! Thank you for your feedback. I try to repeat myself and explain step-by-step for people who need it. You will be surprised how many people email me asking for more explanation! Best of luck in your simulation!

[@yogeshkumarshankariya642]

Yes, it makes too much lengthy, instead, it should just show only one example not all.

[@shinobidiva]

I prefer the step by step. All products perform differently and I want to see that.

[@Brodieman86]

Is it better to be on the exact ideal spot at the time of a products revision, or is it better to plan a little bit farther than the ideal spot so the product eventually the ideal spot over time? I hope my question wasn't too confusing, thanks for your time.

[@DynamicDune]

Hi Tony Jimenez, Sorry for the late response. It's been a very busy semester. I just want to make sure that we are on the same page regarding the ideal spot. Watch the video from minute 23:22. Then, tell me whether you still have this question.

[@Slimtony-ho6bo]

Why did you use 2.5 at 14:13 in your video? That has me confused because you use another method for you example on the performance stuff. Can you clarify please?

[@DynamicDune]

Hi Slimtony! Are you asking me about the method of calculating the ideal position? Or are you asking why we kept the Low End segment at 2.5 and didn’t change it for the round?

[@WeMakeStrayKidsStay4eva]

Also, do you also have such videos on the TQM and HR modules?

[@WeMakeStrayKidsStay4eva]

Hi, your videos are extremely helpful. Thanks for that! I had a quick question I am playing a Broad Differentiator strategy i in the Comp-xm simulation. In Round 1 I have not introduced any new product. I was wondering on which could be a good round to introduce a new product and which segment should I in introduce? How should I decide on that?

[@leoespadas2011]

Your video was great but I have a question if im working on round 1 in my simulation it my looking at round 2 of table center segment ?

[@tannaztabrizi]

Hi there! Everything made sense in your video, I just have one question: Why do you base your calculations for table 2 on round 0 when you're in round 1? I would think round 1 numbers represent beginning of round 1 and not round 0. Can you please explain that? :)

[@DynamicDune]

Thank you Roset92 for watching my videos! (Table 2 shows the segment centers at the [end] of each round.) The first round that we make decisions for in the simulation is round 1. Therefore, when we want to know the location of a segment center in the beginning of round 1, we look at the location of the segment center at the end of round 0. In other words, the location of the segment center at the end of round 0 is the location of the segment center in the beginning of round 1. It is the same number. I hope this clarifies it for you. If it doesn't, please let me know, and I will try to explain it better.

[@adeboalexander6573]

Hi, thank you for your videos. Does positioning your product mid-year only apply to broad differentiation? I seem to be getting that message from the video. Thanks again.

[@matthewnelson2677]

You are such an amazing Instructor. Thank you.

[@jennaguig]

Hi. Your videos are so helpful. Do you have any videos giving tips for CompXm? Or, can the tips from the CapSim videos be applied to that?

[@DynamicDune]

Jenna McGuigan, Thank you for your kind words! CompXm is more predictable because you compete against computers that utilize the same strategy for all rounds. In other words, if team Andrews increases its Traditional segment’s product price by $1 in round one, they will increase the price by the same amount in round two. This means that if you put time to calculate all companies projections based on the first round changes, you will be 100% accurate (if you don’t make any calculation errors). FYI, this is based on my own knowledge and experience with the simulation. Capsim didn’t say anything about what I mentioned above. Good luck!

[@jennaguig]

@@DynamicDune thank you!!

[@heidibooth2088]

Sorry, can you clarify why you used the drift rates from Table 1 for Round 0 Traditional (+0.7, -0.7), but the used drift rates from Table 3 for the Round 0 Low End segment ((-0.8, +0.8)?

[@oopsiepatootie1674]

Im confused. So which one is more ideal? to follow the ideal spots, or the drift?/ half of the year calc?

[@oopsiepatootie1674]

so calculation of the middle of the year will be under performance and the ideal spot calculation is under size?

[@Ray-fp3op]

Your tactic is smart!

[@HimanshuKumar-id2kw]

What should we do if value goes less than 1 after drift in round 1?

[@inaayat4193]

Hello, so you are saying that positioning my product of Size segment in the middle of the year will result in more profitability due to more sales compared to my competitors?

[@almedinapopovic949]

Hi Dynamic Dune, your videos are very helpful- I just have one question because i did not get it. You are saying for traditional in this case in every round we increase pfmm by .35 and decrease size by .35, is that correct?

[@almehmadifamily8163]

When I calculate the middle of year , where i put this number?

[@DynamicDune]

هذا حق الـ Performance و الـ Size. في الفيديو، انا اوريك وين تحط الرقم.

[@aug275]

Hi, Im wondering why you choose to place the product in the middle of the year instead of the end/beginning of the year? I dont really see how it makes a difference in the long run.

[@DynamicDune]

Augustinne Wong, please replay the video from this time "23:15". In there, I explain why positioning your product in the middle of the year is best for you. If you watched it and still do not understand, please comment, and I will explain it in writing.

[@gauravgandhi4all]

@@DynamicDune Very well explained.

[@206nate]

Would you need to adjust the ideal point for each round or just in round 1?

[@HadeelHTayeb]

Hello, should i use data in the industry condition file or the customer buying criteria on the simulation webpage or the latters in the courier??

[@HadeelHTayeb]

IN REGARDS TO THE R&D

[@mandarwagh7299]

I have screwed up very bad in round one can you please help me getting back to track. I am at round 2 now. My deadline is Sunday.

[@maksfraszka146]

Is adjusting the product so much each round worth the time it takes for it to produce? By eliminating the customer sweet spot, you are decreasing the time your product has to be developed and your product is on the market longer?

[@maksfraszka146]

just seems like the extra adjustment is offset by the extra time it takes to be produced. Especially the high end one as it takes extra 1.4 each way

[@DynamicDune]

Maks Fraszka, Good question! While your product is under going improvements by your R&D department, you production department is producing your old version of the product. Your production doesn’t stop because you are making changes to your product. Therefore, your claim that you are not making sales is false. You are making sales, but with the old version of the product. If you want to have the best product and best sales, you need to meet your customers buying criteria. Thus, for all your products except Low End, you must upgrade them every round. Important: you have to make sure that your products’ revision dates end in the same round. Don’t let them end next round because it will not allow you to make changes to the product in your next decision phase. Good luck!

[@maksfraszka6258]

@@DynamicDune Thank you for your reply! That clarifies a lot -- I didn't know you'd continue to sell that product even under development!

[@guamflower]

Idk if you still reply. But I have a question "14.35". You added 0.25 to 1.7 - where is the 0.25 from ? Thanks 🤗

[@wincapsim6053]

Hi Jennifer. Just reach out to us on www.onlinesimulationexperts.com/business-simulations/ and get FREE Capsim Consultation.

[@clarachin7599]

I wanted to ask about this too

[@Pippa_bakes]

Great video! One suggestion: to write a script before recording, this will cut the length of the video and make the explanations way easier to follow.

[@DynamicDune]

Maria, thank you very much for your feedback. If I make more videos, I will make sure to write a script before recording the video.

[@gauravgandhi4all]

@@DynamicDune nah...I would say...your way of natural delivery is better than prior scripting. I would suggest editing and re-record if any 'messy' part. I am enjoying your method of delivery.

[@果熊-u1g]

Thank you so much

[@kyletanzi3063]

Do you know how I can get over 150M in cumulative profits in the rehearsal tutorial in 4 rounds?

[@alessandroscariolo2418]

Thank ya

[@comp5434]

Yeah, I don't think you have understood what it is it that R&D is doing and how it is doing. Even in perfect case if you land on ideal spot in the month of June, that means your previous co-ordinates were lying around the ideal spot of last years June and after you land at ideal spot in this years June, the ideal spot will drift away significantly till the time you reach June of next year. This makes you co-ordinates stay near ideal spot only for 2-3 months max.

[@DynamicDune]

@@comp5434 Thanks for your input! It all depends on your revision date. There isn’t one correct way to do this simulation. If you position your product at the end of the year, it is correct too.