SUPERMARKET UNIVERSITY: INSTRUCTION MANUAL FOR SUPERMARKET CHAIN SIMULATOR

Emerson M. Babb and Gene A. German

No 28612, Staff Papers from Purdue University, Department of Agricultural Economics

Abstract: The Supermarket Chain Simulator is used to train persons about business principles and techniques and in supermarket management. Operating decisions are made about product orders, departmental margins, promotions, advertising, store hours and labor. Financial decisions are made about opening new stores, remodeling, investments and loans. From 2 to 5 firms (teams) compete with one another. Decisions made by one team affect its performance and that of rivals. Results are reported in the form of operating statements, balance sheet, inventory, labor and ratio analyses, market share and competitive report, cash flow report and change in balance sheet accounts.

Keywords: Agribusiness (search for similar items in EconPapers)
Pages: 22
Date: 1997
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Persistent link: https://EconPapers.repec.org/RePEc:ags:puaesp:28612

DOI: 10.22004/ag.econ.28612

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