How do you beat Mikes Smartsims bikes?
To do well in MikesBikes you must develop a long-term strategy.
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Strategies to decrease costs:
- Decrease inventory.
- Reduce the Prime Cost of your Product(s).
- Decrease wastage in production.
- Focus on your more profitable products.
What is the goal of the Mikes Bikes simulation?
There are two versions for students: Single-Player and Multi-Player. Both versions simulate the management decisions of a company in the bicycle industry and require you to make key marketing, operations, product development and finance decisions. In both cases the goal is the same: to maximize Shareholder Value.