At the center of the team's activites is ‘The Model’.
A model is simply a representation of the way something behaves, a map
of cause and effect linkages. In this case the model represents the way
the simulted business envronment behaves in response to your decision
and those of your competitors.
While teams are free to build their own models if they choose, many
find it easiest begin with the Excel templates provided with the software.
There are four workbooks: for market forecasting, production planning,
capital budgeting and financing activities. These are not comprehensive
or definitive. You will certainly have to elaborate on the basic
skeleton to get to something useful.
Indeed, Cindy Nimrud, a member of one of last year's teams,
developed a simple single-page sales forecastng spreadsheet. I think it
is easier to understand, once you comprehend its structure, than the
template that comes with the simulation.
This is a link
to her Excel workbook (Nimrud - Submission form.xlsx)