Teaching Inventory Management Simulation Using E-Learning Software: Blackboard, Elluminate Live!, and Jing (doi: 10.3991/ijac.v1i2.568)

dc.creator	Joel Lee Oberstone
dc.date	2008-11-01T00:00:00Z
dc.date.accessioned	2015-07-20T22:24:18Z
dc.date.available	2015-07-20T22:24:18Z
dc.identifier	10.3991/ijac.v1i2.568
dc.identifier	1867-5565
dc.identifier	https://doaj.org/article/b50e6005a8424f0c8f7976bbe09b24dc
dc.identifier.uri	http://evidence.thinkportal.org/handle/123456789/21156
dc.description	Introducing the nuances of inventory management systems to undergraduate business students can be a daunting task. Beyond the traditional focus of the selection of order quantity and reorder point lie more murky considerations such as the impact that stockout cost and supplier selection have on these key parameters, including profit. The purpose of this paper is to illustrate how students can cultivate insights of business simulation settings through easy-to-run, downloadable Excel spreadsheet templates from within their Blackboard-driven course website beyond merely grinding out “answers.” This paper shows not only how the simu-lation templates are employed but also how students can use them to self-correct problems they might encounter during the learning process, how to examine more subtle issues, and how the instructor can use online software to guide students in real time, regardless of the distance that may separate them. Further, while these interactions are taking place, a video software file can be made to memorialize the online learning and can be easily uploaded to the student for their later use should they wish to practice the process. A hypothetical case example of AT&T’s management of the Apple iPhone inventory is used to illustrate the process.
dc.language	English
dc.publisher	kassel university press
dc.relation	http://online-journals.org/i-jac/article/view/568
dc.relation	https://doaj.org/toc/1867-5565
dc.rights	CC BY
dc.source	International Journal of Advanced Corporate Learning (iJAC), Vol 1, Iss 2, Pp 24-30 (2008)
dc.subject	spreadsheet
dc.subject	simulation
dc.subject	inventory
dc.subject	management
dc.subject	e-learning
dc.subject	Theory and practice of education
dc.subject	LB5-3640
dc.subject	Education
dc.subject	L
dc.subject	DOAJ:Education
dc.subject	DOAJ:Social Sciences
dc.subject	Theory and practice of education
dc.subject	LB5-3640
dc.subject	Education
dc.subject	L
dc.subject	DOAJ:Education
dc.subject	DOAJ:Social Sciences
dc.subject	Theory and practice of education
dc.subject	LB5-3640
dc.subject	Education
dc.subject	L
dc.subject	Theory and practice of education
dc.subject	LB5-3640
dc.subject	Education
dc.subject	L
dc.subject	Theory and practice of education
dc.subject	LB5-3640
dc.subject	Education
dc.subject	L
dc.title	Teaching Inventory Management Simulation Using E-Learning Software: Blackboard, Elluminate Live!, and Jing (doi: 10.3991/ijac.v1i2.568)
dc.type	article