4. The Spencer Optics Company produces an inexpensive line of sunglasses. The manufacturing process consists of assembling two plastic lenses (produced by the firm's plastic molding depart- ment) into a finished frame (purchased from an outside supplier). The company is interested in using material requirements planning to schedule its operations and has asked you to prepare an example to illustrate the technique. The firm's sales manager has prepared a 10-week sales forecast for one of the more popular sunglasses (the Classic model) for your example. The forecast is 100 units per week. Spencer has customer orders of 110 units, 80 units, 50 units, and 20 units in weeks 1, 2, 3, and 4, respectively. The sunglasses are assembled in batches of 300 units. Presently, three such batches are sched- uled: one in week 2, one in week 5, and one in week 8. Complete the following time-phased record: Week hand 1 2 3 4 5 6 7 8 9 10 Classic Model On MPS Record Forecast Orders Projected available balance Available-to-promise MPS 140
4. The Spencer Optics Company produces an inexpensive line of sunglasses. The manufacturing process consists of assembling two plastic lenses (produced by the firm's plastic molding depart- ment) into a finished frame (purchased from an outside supplier). The company is interested in using material requirements planning to schedule its operations and has asked you to prepare an example to illustrate the technique. The firm's sales manager has prepared a 10-week sales forecast for one of the more popular sunglasses (the Classic model) for your example. The forecast is 100 units per week. Spencer has customer orders of 110 units, 80 units, 50 units, and 20 units in weeks 1, 2, 3, and 4, respectively. The sunglasses are assembled in batches of 300 units. Presently, three such batches are sched- uled: one in week 2, one in week 5, and one in week 8. Complete the following time-phased record: Week hand 1 2 3 4 5 6 7 8 9 10 Classic Model On MPS Record Forecast Orders Projected available balance Available-to-promise MPS 140
Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
Section: Chapter Questions
Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...
Related questions
Question
![4. The Spencer Optics Company produces an inexpensive line of sunglasses. The manufacturing
process consists of assembling two plastic lenses (produced by the firm's plastic molding depart-
ment) into a finished frame (purchased from an outside supplier). The company is interested in
using material requirements planning to schedule its operations and has asked you to prepare an
example to illustrate the technique.
The firm's sales manager has prepared a 10-week sales forecast for one of the more popular
sunglasses (the Classic model) for your example. The forecast is 100 units per week. Spencer has
customer orders of 110 units, 80 units, 50 units, and 20 units in weeks 1, 2, 3, and 4, respectively.
The sunglasses are assembled in batches of 300 units. Presently, three such batches are sched-
uled: one in week 2, one in week 5, and one in week 8.
Complete the following time-phased record:
Week
hand 1 2 3 4 5 6 7 8 9 10
Classic Model
On
MPS Record
Forecast
Orders
Projected available
balance
Available-to-promise
MPS
140](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F71a93994-cfe8-4bd0-bacf-87e96face337%2F4b984049-ce7b-48cd-bb01-f22052792481%2Fksjjnf9_processed.png&w=3840&q=75)
Transcribed Image Text:4. The Spencer Optics Company produces an inexpensive line of sunglasses. The manufacturing
process consists of assembling two plastic lenses (produced by the firm's plastic molding depart-
ment) into a finished frame (purchased from an outside supplier). The company is interested in
using material requirements planning to schedule its operations and has asked you to prepare an
example to illustrate the technique.
The firm's sales manager has prepared a 10-week sales forecast for one of the more popular
sunglasses (the Classic model) for your example. The forecast is 100 units per week. Spencer has
customer orders of 110 units, 80 units, 50 units, and 20 units in weeks 1, 2, 3, and 4, respectively.
The sunglasses are assembled in batches of 300 units. Presently, three such batches are sched-
uled: one in week 2, one in week 5, and one in week 8.
Complete the following time-phased record:
Week
hand 1 2 3 4 5 6 7 8 9 10
Classic Model
On
MPS Record
Forecast
Orders
Projected available
balance
Available-to-promise
MPS
140
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