call me unaware
for the past two weeks i've been missing my tv shows, haven't been able to read my regular blogs or the newspaper.. i basically have no clue what's been going on in the world.
intopia (as well as other responsibilities) is sucking the life out of me as we speak. my procrastinating has come to a complete stop! as hard it is to believe, it's true. okay, i'm procrastinating right now by writing this, but this blog doesn't count :P
anyway, it's starting to get a little crazy. the actual simulation starts on friday with our first decision due by 8:15am. tomorrow night we find out how much capital we have to start with - anywhere between $20 million to $30 million. my team is hoping for $30 million (obviously), but that's dependent on our ipo.
so my team is an insurance company and a wholesaler. our rates for insurance are such that the more plants you are, the lower the rate per plant. same goes for sales offices and inventory. so we're the insurance company for large companies. we thought we had two other competitors in insurance. one team, who's a manufacturer, was planning on offering a few teams insurance because they didn't want us to have a monopoly (it's in their slogan!). i'll call them anti-monopoly. the other team who was offering insurance was a surprise to us. monday night we found out they were starting an insurance pool with their suppliers. we thought they were only going to be a wholesaler and an administrator for the patent pool. we'll call them walmart because that's their new reputation. anyway, apparently one team took walmart's plan and went ahead with it as their own. the rumour is that other team has 9 teams already signed up on their insurance plan! crazy. so walmart came to us with a proposal to load off their insurance pool onto us because they found out they put too much on their plate. well, they provided us with the terms they wanted the pool to be. i'm meeting walmart's team leader tomorrow to discuss it because, well, their terms suck.
anyway, this weekend should be .. interesting. maybe i'll become more insane than i started out.
intopia (as well as other responsibilities) is sucking the life out of me as we speak. my procrastinating has come to a complete stop! as hard it is to believe, it's true. okay, i'm procrastinating right now by writing this, but this blog doesn't count :P
anyway, it's starting to get a little crazy. the actual simulation starts on friday with our first decision due by 8:15am. tomorrow night we find out how much capital we have to start with - anywhere between $20 million to $30 million. my team is hoping for $30 million (obviously), but that's dependent on our ipo.
so my team is an insurance company and a wholesaler. our rates for insurance are such that the more plants you are, the lower the rate per plant. same goes for sales offices and inventory. so we're the insurance company for large companies. we thought we had two other competitors in insurance. one team, who's a manufacturer, was planning on offering a few teams insurance because they didn't want us to have a monopoly (it's in their slogan!). i'll call them anti-monopoly. the other team who was offering insurance was a surprise to us. monday night we found out they were starting an insurance pool with their suppliers. we thought they were only going to be a wholesaler and an administrator for the patent pool. we'll call them walmart because that's their new reputation. anyway, apparently one team took walmart's plan and went ahead with it as their own. the rumour is that other team has 9 teams already signed up on their insurance plan! crazy. so walmart came to us with a proposal to load off their insurance pool onto us because they found out they put too much on their plate. well, they provided us with the terms they wanted the pool to be. i'm meeting walmart's team leader tomorrow to discuss it because, well, their terms suck.
anyway, this weekend should be .. interesting. maybe i'll become more insane than i started out.
posted by bacon at 11:00 p.m.
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