Audio Products, Inc. produces two AM/FM/CD players for cars. The radio/CD units are identical, but the mounting hardware and finish trim differ. The standard model fits intermediate and full-sized cars, and the sports model fits small sports cars. Audio Products handles the production in the following way. The chassis (radio/CD unit) is assembled in Mexico and has a manufacturing lead time of two weeks. The mounting hardware is purchased from a sheet steel company and has a three-week lead time. The finish trim is purchased from a Taiwan electronics company with offices in Los Angeles as prepackaged units consisting of knobs and various trim pieces. Trim packages have a two-week lead time. Final assembly time may be disregarded because adding the trim package and mounting are performed by the customer. Audio Products supplies wholesalers and retailers, who place specific orders for both models up to eight weeks in advance. These orders, together with enough additional units to satisfy the small number of individual sales, are summarized in the following demand schedule: Model Standard model Sports model 2 3 4 250 WEEK 5 190 6 7 8 375 110 There are currently 70 radio/CD units on hand but no trim packages or mounting hardware. Prepare a material requirements plan to meet the demand schedule exactly. Specify the gross and net requirements, on-hand amounts, and the planned order release and receipt periods for the radio/CD chassis, the standard trim and sports car model trim, and the standard mounting hardware and the sports car mounting hardware. (Leave the cells blank, whenever zero (0) is required.)
Audio Products, Inc. produces two AM/FM/CD players for cars. The radio/CD units are identical, but the mounting hardware and finish trim differ. The standard model fits intermediate and full-sized cars, and the sports model fits small sports cars. Audio Products handles the production in the following way. The chassis (radio/CD unit) is assembled in Mexico and has a manufacturing lead time of two weeks. The mounting hardware is purchased from a sheet steel company and has a three-week lead time. The finish trim is purchased from a Taiwan electronics company with offices in Los Angeles as prepackaged units consisting of knobs and various trim pieces. Trim packages have a two-week lead time. Final assembly time may be disregarded because adding the trim package and mounting are performed by the customer. Audio Products supplies wholesalers and retailers, who place specific orders for both models up to eight weeks in advance. These orders, together with enough additional units to satisfy the small number of individual sales, are summarized in the following demand schedule: Model Standard model Sports model 2 3 4 250 WEEK 5 190 6 7 8 375 110 There are currently 70 radio/CD units on hand but no trim packages or mounting hardware. Prepare a material requirements plan to meet the demand schedule exactly. Specify the gross and net requirements, on-hand amounts, and the planned order release and receipt periods for the radio/CD chassis, the standard trim and sports car model trim, and the standard mounting hardware and the sports car mounting hardware. (Leave the cells blank, whenever zero (0) is required.)
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
Expert Solution
This question has been solved!
Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.
This is a popular solution!
Trending now
This is a popular solution!
Step by step
Solved in 5 steps with 8 images
Recommended textbooks for you
Practical Management Science
Operations Management
ISBN:
9781337406659
Author:
WINSTON, Wayne L.
Publisher:
Cengage,
Operations Management
Operations Management
ISBN:
9781259667473
Author:
William J Stevenson
Publisher:
McGraw-Hill Education
Operations and Supply Chain Management (Mcgraw-hi…
Operations Management
ISBN:
9781259666100
Author:
F. Robert Jacobs, Richard B Chase
Publisher:
McGraw-Hill Education
Practical Management Science
Operations Management
ISBN:
9781337406659
Author:
WINSTON, Wayne L.
Publisher:
Cengage,
Operations Management
Operations Management
ISBN:
9781259667473
Author:
William J Stevenson
Publisher:
McGraw-Hill Education
Operations and Supply Chain Management (Mcgraw-hi…
Operations Management
ISBN:
9781259666100
Author:
F. Robert Jacobs, Richard B Chase
Publisher:
McGraw-Hill Education
Purchasing and Supply Chain Management
Operations Management
ISBN:
9781285869681
Author:
Robert M. Monczka, Robert B. Handfield, Larry C. Giunipero, James L. Patterson
Publisher:
Cengage Learning
Production and Operations Analysis, Seventh Editi…
Operations Management
ISBN:
9781478623069
Author:
Steven Nahmias, Tava Lennon Olsen
Publisher:
Waveland Press, Inc.