I’m working on a management report and need support to help me learn.Read the report down below and add things on to the main discoveries section. I already have my own paragraph. Basically use this paragraph but make it flow better and add more things from the report down below.Main Discoveries ??Our main discoveries were that we didn’t invest in long term debt. Throughout the simulation we had poor calculation on production and earnings.
One thing we excelled at was having good cash management and positioning. Our management quality resulted in increased productivity. Our group was over 30 million in debt and had issues with finances and labor improvement (HR). We quickly realized we let our automation system out of hand and by the time we got on it we already had too much inventory. We heavily resulted in material cost.
We should’ve allocated a good amount of money for investments. As a group we came to an agreement to meet with Andrew’s group to see how they were maneuvering around those tasks. After meeting with Andrew’s group and getting the feedback from them we quickly realized Andrew’s team automation system was less than 6% and ours was over 30%. Next zoom meeting we discussed how to make adjustments moving forward for the other upcoming rounds. From round 5 to round 6, turnover decreased from 8.8% to 8.3%, need for new employees decreased from 369 people to 39 people, and production rate improved from 104.7% to 107.2%. Our products weren’t selling. We don’t know why. Is it because the other teams had already gained market share and developed loyal customers?
Requirements: 1-2 Paragraph
