4.7 Complete the following table. Lead time for the part is two weeks. The lot size is 50.What is the projected available at the end of week 3? When is it planned to release anorder?WeekGross RequirementsScheduled Receipts1234302510101050Projected Available10Net RequirementsPlanned Order ReceiptPlanned Order Release

Lead Time: The lead time is the amount of time it takes for an order to be placed and received. In…

Answered: 4.7 Complete the following table. Lead…

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...

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Complete the MPS record below for a single item. (Enter your responses as integers. A response of "0" is equivalent to being not applicable.) Item: A Quantity on Hand: 80 Forecast Customer orders (booked) Projected on-hand inventory MPS quantity 1 70 40 ☐☐ January 2 70 65 80 Order Policy: 100 units Lead Time: 1 week February Week 4 40 0 5 45 35 50 70 45 0 8 50 0
The president of Hill Enterprises, Terri Hill, projects the firm's aggregate demand requirements over the next 8 months as follows: 2,200 January 1,400 May February 1,600 June 2,200 March April 1,800 1,800 July August 1,800 1,400 Her operations manager is considering a new plan, which begins in January with 200 units of inventory on hand. Stockout cost of lost sales is $100 per unit. Inventory holding cost is $25 per unit per month. Ignore any idle-time costs. The plan is called plan C. Plan C: Keep a stable workforce by maintaining a constant production rate equal to the average gross requirements excluding initial inventory and allow varying inventory levels. Conduct your analysis for January through August.
Here it’s the answers I just need an explanation of how did you get that number.
A factory has just received an order for 95 units of an end item, which are to be shipped at the start of week 8. Relevant information of the end item and the components is as follows. Lead Time On Hand Scheduled Item Order Direct (weeks) Inventory receipts Policy Components End item 15 lot for lot A(3), B(2) A 2 10 33 at week 3 lot for lot C(1), D(4) B. 2 20 15 at week 4 lot for lot D(2) min. of 500 lot for lot 100 20 Develop the material requirements plan (please print out an empty MRP table to work with), and determine how many units of component Care needed in the "planned order release". Input should be an exact number.
Develop a lot-for-lot solution and calculate total relevant costs for the gross requirements in the following table*. 5 6 7 30 70 30 9 10 11 12 60 10 70 Period 1 Gross requirements 20 2 Period Gross requirements On-hand at beginning of period 40 On-hand at end of period Order receipt Order release 3 40 1 20 4 *Holding cost = $3.50/unit/week; setup cost = $200; lead time = 1 week; beginning inventory = 40. Develop a lot-for-lot solution (enter your responses as whole numbers). 2 3 40 4 8 5 6 30 7 70 30 8 9 10 11 12 10 70 60 corn
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Using the gross requirements schedule below*, prepare an alternative ordering system that orders every 3 weeks for 3 weeks ahead (a periodic order quantity). What is the cost of this ordering system? Period 1 2 3 4 5 6 7 Gross requirements 25 20 40 0 10 50 30 The cost of this ordering system is $ Prepare a net requirements plan (enter your responses as whole numbers). *Holding cost = $1/unit/week; setup cost = $200; lead time = 1 week; beginning inventory = 25 units. Period Gross requirements On-hand at beginning of period On-hand at end of period Net requirements Order receipt Order release (enter your response as a whole number). 25 1 25 2 20 3 40 4 5 0 10 8 0 6 50 9 10 30 65 7 30 8 9 10 0 30 65

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