Are you looking to win at Capsim? Well, you are in the right place. The general strategy of this game is to unlock the Capsim secrets.
Equally, investing heavily in capacity and inventing the use of long term liabilities earlier in the rounds will put you in a better chance of winning at Capsim. Without much ado, let’s look at some of the Capsim secrets you will need to unlock.
· Secret One: Challenging Finance
We often borrow money as a loan for a specific period, pay interest and the principal of the loan once the borrowing period is ended. Contrary, Capsim is quite different from the real world. And this is where the Capsim secret comes in handy.
The Long Term Debt in the Capstone simulation requires payment after ten years. However, the Capsim game comes with eight rounds. With that in mind, the Long Term Debt principal won’t be repaid for the duration of the games eight rounds. Nonetheless, you will have to pay the interest in each round.
Capitalizing on this secret, you can make a big difference in your balanced scorecard by the end of the game. Besides, you can be the facilitator that makes your team rank top.
· Secret Two: Improve Accessibility
One of the surest ways to improve accessibility is having two or more products in the segments fine cut. This is because of the sales budget for sensor sales and points work to make the segment’s accessibility percentage. This is contrary to marketing budgets that apply only to every single sensor’s awareness score.
For example, a single sensor on a sales budget of over $3,000 can experience diminishing returns. But when it comes to the entire segments, diminishing returns are not experienced until the sales go beyond $4,500 in total.
So, to achieve 100% accessibility, the sales budgets of two sensors in a segment should be at least $2,250 to bring a total $4500. When you attain 100% accessibility, scale back to selling each sensor at about $1650 or a total of $3,300 sales budget for the segment so you can keep 100% accessibility.
Bear in mind that the importance of accessibility isn’t for balanced scorecard alone, it also impacts customer survey score. For that reason, a product with 0% accessibility loses up to half of its base customer survey score.
As such, unlocking this Capsim secret, you will see more sensor sales and more points on your balanced scorecard.
· Secret Three: Timely R&D Upgrade
The third Capsim secret is to decrease the chance of getting emergency loans. You can do this by setting R&D upgrades timely. Without a doubt, the time for upgrading R&D can be baffling for most Capsim players. However, the secret lies in keeping your product research and development upgrades within the same year. Failure to which, you can miss out on substantial sales.
The sensors will remain producing and selling at the past old specifications to the point when the project reaches the revision date. The unsold sensors built before the revision date need reworking at no charge to match the improved specifications.
For instance, upgrading your sensor from Traditional to High-End with a revision date of September 30th of the same year, you will sell with the Traditional specifications for the next 11 months. With this, the sensor will only be sold for one month out of 12 in the upgraded High-End specifications.
Accounting for this in your sales projection is very important. Otherwise, it will blow up things leaving you with excess inventory since your competitors would have had a better product selling throughout the year. To stay afloat, you end up going in for emergency loans!
· Secret Four: Proper Use of TQM
Using the TQM properly will lead to increase of your balanced scorecard points. It will also increase the sensor sales with a significant margin.
Putting the TQM section into proper use gives you an edge in Capsim. It provides benefits like lower cost of materials, quick R&D upgrades, and lower cost of labour, smaller SG&A expense as well as increase the demand for your products.
The good thing about these benefits is that they are cumulative. When you buy a TQM upgrade, it benefits you in the rounds for the rest of the simulation. So, how should you spend money in the TQM while optimizing your results? Check out!
You shouldn’t spend more than $2000 on a single TQM in any round due to shrinking returns. But be informed that the highest total amount to invest in any one TQM in the entire game should be $5000. Anything above doesn’t bring extra benefit.
Therefore, to get maximum results from one TQM initiative consider spending your money like this:
- First Round: $2000
- Second Round: $2000
- Third Round: $1000
Unlocking the secret of proper use of TQM and see the significant changes in your Capsim simulation game today.
· Secret Five: Avoid Common Sources of Emergency Loans
One way of avoiding the usual sources of emergency loans is to desist from using computer sales forecast. In the first rounds of Capsim simulation, lies a dangerous trap that knocks off many teams. When in the traditional segment, most groups tend to upgrade their sensors to the ideal level that considerably increases their customer survey score for their sensor.
Computer sales prediction in the Market tab will show a high sales estimate of about 2,500. Nonetheless, the computer sales estimate doesn’t take into account that each team is likely to do the same thing and consequently upgrade their Traditional sensors to the ideal level.
As such, almost always, the automatic computer sales predictions are wrong and therefore can’t be reliable. Don’t make computer automation to make estimates for sales because you will most likely get an emergency loan from Big Al.
There are many different other aspects that you should take into account. However, by unlocking these five secrets, you will get your Capsim simulation on the right track. But should you still be wondering how to win at Capsim, Capsim help could be a wise decision.