Assume you are the manager of a shop that assembles power tools. You have just received an order for 55chain saws, which are to be shipped at the start of week 8. Pertinent information on the saws follows:Item Lead Time (weeks) On HandSawABCDEF2122112Gross requirementsScheduled receiptsProjected on handNet requirementsPlanned order receiptPlanned order releaseĈE(3) & E(2) LT = 1 weekLot size: Lot-for-Lot1510565201030Skip Extension Tip: Double click to open in new tabShow Transcribed TextDevelop the material requirements plan for component E using lot-for-lot ordering for all items. (Leave nocells blank - be certain to enter "0" wherever required.)ComponentsA(2), B(1), C(4)E(3), D(1)D (2), F(3)E(2), D (2)Beg. Inv.12319052106

A Material Requirement Plan is a comprehensive document that outlines the specific materials needed…

Answered: Assume you are the manager of a shop…

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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2.7 Which of the following help explain how the Reorder Point (ROP) works in conjunction with the Economic Order Quantity (Q), the number of orders (N) and the time between orders (T)? a) The Economic Order Quantity (Q) and the Annual Demand (D) are used to determine the number of Order (N) b) The number of orders (N) and the number of days that a firm works (W) are used to determine the time span between orders (T) c) Orders are placed every T days unless the inventory on hand fall to or below the Reorder Point d) Only a and b e) f) Only b and c All of a, b and c 2.8 The objective of Inventory Management is to balance inventory investment (cost) and customer service. a) TRUE b) False 2.9 The Economic Order Quantity (EOQ), the number of orders, the Reorder Point (ROP), the time between orders are important analytics in Inventory Management. a) TRUE b) FALSE 2.10 The number of working days for a firm is an important input in calculating the components of the Economic Order Quantity…
Product A Order Qty = 400 Order Lead Time = 2 Forecast Demand Scheduled Receipts Projected Available Inventory 400 Planned Order Receipts Planned Order Releases 1 300 OD 4, 6, 2 300 400 Sketch and fill in the grid on scrap paper to use on upcoming questions In what periods would you incur a planned order release? OA 1.3, and 4 2.4, and 5 OC 3,5, and 6 and 7 3 300 PERIODS 4 300 5 300 6 300 7 100 8 100
A company produces skateboards. Each skateboard (A) consists of one unit of board (B), and two units of sub-assembly of roller-set (C). Roller-sets comprise of 2 components: 2 rollers (D) and one axle (E). The MPS is as follows: Week 1 2 3 4 5 6 7 8 9 10 A D 40 50 60 80 What are the planned order releases for item A? A has an on-hand inventory of 10, safety stock of 0. The lead time is 1 week and the ordering policy is Lot-for-Lot (L4L).
Jean-Ma rie Bourjolly's restau rant has the followinginventory items that it orders on a weekly basis: a) Which is the most expensive item, using annual dollar volume?b) Which are C items?c) What is the annual dollar volume for all 20 items?
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ssume you are the manager of a shop that assembles power tools. You have just received an order for 50 chain saws, which are to be shipped at the start of week 8. Pertinent information on the saws follows: Item Lead Time (weeks) On Hand Components Saw 2 15 A(2), B(1), C(4) A 1 10 E(3), D(1) B 2 5 D(2), F(3) C 2 65 E(2), D(2) D 1 20 E 1 10 F 2 30 Develop the material requirements plan for component E using lot-for-lot ordering for all items. (Leave no cells blank - be certain to enter "0" wherever required.)
Here it’s the answers I just need an explanation of how did you get that 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
Each Triam Deluxe gamer computer system consists of two speakers, a monitor, a system unit, a keyboard, and an installation kit. These pieces are packed together and shipped as a complete kit. In MRP terms, all of these items are level 1 items that make the level 0 kits. Complete the MRP records, using the following information: • Production plans for complete kits are as follows: Start assembling 4,500 kits in week 2 Start assembling 1,000 kits in weeks 3, 4, and 5 Start assembling 8,000 kits in week 6 • The gross requirements for the system unit have already been given to you. For the remaining items, you will need to figure out the gross requirements. • All scheduled receipts, lead times, and beginning inventory levels are shown. Click the icon to view the MRP records. Construct the material requirements plan for item System unit (enter your responses as whole numbers). System unit: Lead Time = 1 week; Minimum order quantity = 3,500 Week 1 2 3 Gross requirements 4,500 1,000…
The fixed quantity version of EOQ compares and contrasts with the fixed interval version. Where will each of the scenarios be used?
If economic order quantity is 2,500 units and consumption in units for one year are 15,000 units, then number of orders in a year will be: a. 10 orders b. 5 orders c. 12 orders d. 6 orders
What lead time does the supplier’s scheduling and control system require?

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