Demand factor Training
Training - one of new features in GMC simulator. it is very similar to management budget and affects same productional and financial performance of the company, but less powerfull. Impact of training can be summarized in 3 areas.
These areas include:
Absence / sickness assembly workers.
Market - Test 1
Training increases sales of your products, but has strong decreasing effect (it means that every extra point of training will make less sales than previous). Influence is the same for all products and markets, maximum market increasing is about 5-6%. Training also has cumulative effect from training investments in previous periods. In the graph you can see test results from several control groups. Vertical - relative change in sales compared with test company, horizontal - absolute value of training.
Market - Test 2
Competitors slightly effect on sales. Similar graph with test results, but with smaller range of training values.
Similar to administrative budget, training has only ⅔ of full effect in 1 period and full effect on sales in 2 period.
To save effect of training from investments in previous periods for the next period (for example in 5 period to save money) - it will be enough to put ½ of past investments. For example, typical strategy of using training can be 40 - 40 - 40 - 40 - 20.
Effect acts equal on all products, maximum reduction of broken parts can be reached at 0.3%. Broken parts also has cumulative effect from investments in previous periods. Vertical - absolute value of broken parts. Horizontal - absolute value of training.
Absence / sickness assembly workers
All the same as for broken parts. Training reduces absence or sickness assembly workers, which reduces load of assembly workers, (effect is decreasing). Vertical - absolute value of absence / sickness. Horizontal - the absolute value of the training.
1 period - ⅔ effect, 2 period - full effect
Strong residual effect
Dependence is decreasing
- Effect is equal for all markets and products.