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A new startup business at airports allows passengers to drop-off their car at a parking facility. The car is offered as a rental car to passengers flying into the airport. We want to use simulation to make critical design decisions with the layout of our system. The total score for the project is the sum of all points across these 10 evaluation areas.
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A new startup business at airports allows passengers to drop-off their car at a parking facility. The car is offered as a rental car to passengers flying into the airport. We want to use simulation to make critical design decisions with the layout of our system. The total score for the project is the sum of all points across these 10 evaluation areas.
A new startup business at airports allows passengers to drop-off their car at a parking facility. The car is offered as a rental car to passengers flying into the airport. We want to use simulation to make critical design decisions with the layout of our system. The total score for the project is the sum of all points across these 10 evaluation areas.
We are investigating a new startup business at airports that allow passengers to drop-off their car at our parking facility at the airport, and in addition to free parking they may receive rental income for their car while they are away. Their car is offered as a rental car to passengers flying into the airport. Successful business implementation involves aspects of parking, transportation, rental car asset management, and staffing. Our business strategy is to first pilot this system at a mid-size airport, and then rapidly expand to other airports once the concept is proven to be profitable. It's very important that our pilot system be appropriately designed to maximize its chance of success to demonstrate the business model to potential investors. For this reason we want to use simulation to make critical design decisions with the layout of our system. We need to evaluate the logistics of several aspects of the plan as well as investigate alternatives to control costs and/or improve operations. This problem will not only challenge student model-building skills, but also require some creativity, project management, and even video production and presentation skills. We believe that students will find participation to be both interesting and valuable. Judging Criteria Judging is based on a 10-item scoring system where each item is worth between 0 and 3 points, defined as follows: Poor 0, Average 1, Good 2, Excellent 3. The total score for the project is the sum of all points across these 10 evaluation areas, with a maximum project score of 30. Evaluation Areas The 10 evaluation areas are summarized below: Quality/clarity of the presentation The overall quality and clarity of the presentation, including the effective use of time and of supporting aids such as slides, animations, and/or other materials. The presentation should clearly define any expanded simulation objectives by the project team, as well as any assumptions that have been made. Analysis/use of input data The appropriate interpretation, analysis, and use of the data that is supplied with the model. Modeling detail/approach The incorporation of the appropriate level of modeling detail necessary to reach conclusions and support the project recommendations. The model should include enough detail to support the conclusions, but not unnecessary or frivolous detail. Model internal documentation The model components should include meaningful names and appropriate use of other documentation features such as description, labels, categories, and color coding. Someone unfamiliar with the project should be able to "figure out" the approach without too much trouble. Verification and Validation Demonstrate use of appropriate measures to ensure validity of model. Quality of animation The animation should provide an effective communication of the model execution and logic and provide a useful tool for model validation. Experimentation/exploration of alternatives An appropriate set of experiments should be defined and executed to fully explore the business alternatives as described in the problem statement. Related alternatives not specifically mentioned in the problem statement may also be explored. Analysis of results The results should be analyzed using appropriate statistical methods and the results should be presented in a clear and concise way. Quality of the recommendations The project should provide a set of recommendations to the business supported by the simulation results from the project. Overall quality of the project and Executive Summary This is an overall summary measured by the general quality of the project work, soundness of the recommendations, and its potential impact on the proposed business problem and how well this is communicated in the written Executive Summary.
Rules & Guidelines 1. Teams are given four weeks to develop a Simio solution for a case study which is provided by Simio. This case study will be a realistic problem drawn from actual user projects. 2. Teams are comprised of two to four students, of which no more than two can be graduate students. Only students currently enrolled at the college/university are eligible. 3. A faculty advisor is expected to distribute and explain the project and rules and submit the best entries from their school. There is no limit to the number of teams that can register, however each faculty advisor can submit a maximum of three projects to the global competition. We encourage faculty with more than 3 potential entries to hold a local preliminary competition with the top 3 finalists submitted to the global competition. 4. Faculty advisors planning to offer the case in their classes must complete the registration form on www.simio.com\studentcontest. The project case description will be sent to the faculty advisor upon completion of the registration. The faculty advisor will only make the case description available to the student teams at the start of the four-week period. 5. The contest is held twice yearly: Once in March April with judging in early May and once in October November with judging in early December. Projects can be done during any four week period during these open times. 6. Solutions are submitted online and include the Simio model along with a Project Video (maximum 15 minutes) that is posted on YouTube and clearly explains the model and project results. All presentations must be in English. 7. The Video presentation may use slides and video recordings from the model but should not include logos or other identifying materials of the university/college or team members. A separate Team Introduction video (maximum 2 minutes) should be posted on YouTube that introduces the college/university and project team members. Both videos must be posted by the teams as unlisted YouTube videos, and a link to each video shall be submitted with the project. 8. Teams should use the Judging Criteria as a checklist to ensure that they have addressed all relevant issues. Judging is done by a panel of commercial and academic judges using this Judging Criteria. Judging of the projects will be blind based on the submitted Simio model and the Project video. The Team Introduction video will be withheld from the judges, and the names of the judges will be withheld until final judging is complete. 9. The project is submitted online at www.simio.com\studentcontest and must include the following: a. The Simio model for the project. b. A written Executive Summary, not to exceed 2 pages. c. You may optionally include an appendix containing any project background you choose to share. The appendix may be written informally and will not itself be judged, but may be used by judges in evaluating your work. d. A link to the unlisted YouTube Project Video presentation (maximum 15 minutes). e. A link to the unlisted YouTube Team Introduction Video (maximum 2 minutes). f. A form signed by the faculty advisor and team members certifying that the project work was completed solely by the team members, and certifying the start and end dates for the four week project. g. Contact information for the advisor and team members, along with a publication quality photo of the team members (at least 300 dpi). h. Submission is completed upon receipt of a confirming email from Simio. 10. Three winners are selected and announced at a biannual 90 minute online Simio Student Competition conference that is announced at the start of the contest and held soon after the contest closing date. The conferences will be held in early December and early May. The Team Introduction and Project videos for the three winning teams are shown during this online conference. The first video shown is for 3rd place which has a cash award of $500. The second video shown is for second place which has a cash award of $1000. The final video shown is for first place which has a cash award of $1500. All awards are divided equally among the participating team members. In addition to the cash awards, winners receive an award certificate and are announced on the Simio website, newsletter, and at the Simio Users Meeting at the Winter Simulation Conference. The winning presentations are permanently posted on the Simio website for general viewing.