Showing posts from March, 2015

Littlefield Simulation

If you were to ask me about the best aspect of academics at HEC, without batting an eye, my response would be experiential learning. Let me elaborate a bit on that: Right from the beginning of core 1, every few weeks, we take part in a simulation game. The simulations are competitive in nature, and allow you to practically utilize the concepts learnt in the class. You can also improvise on the theoritical strategies to achieve what we call in financial terms an 'alpha' to emerge as the winner. 
We have had several such short games till now, but my top three are Negosim, OPEC game, and the latest addition to the list - Littlefield Simulation. Littlefield was a part of our Operations Management course. 
Littlefield Simulation (Click here to read the complete description of Littlefield. The following two paragraphs provide a Tl;Dr version)

The simulation is about managing a virtual factory with multiple workstations and a defined process flow. In terms of control variables, you …