B 9 0 1 3 Great Tech (GT) is a regional company specializing in the manufacturing of smart home devices. The company is well-known for its innovative products, efficient production processes, and exceptional customer service. The production of a particular smart home device requires various components (e.g., microcontrollers, sensors, actuators). The manager has designated the product X and its components as Items Y, Z, W, V, and U, respectively. Item X is assembled using 1 unit of Item Y, 2 units of Item Z, and 2 units of Item W. Each Item Y consists of 2 units of Item Z and 2 units of Item V. Each Item Z requires 1 unit of Item W, 2 units of Item V, and 1 unit of Item U. The table below shows the lead times and quantities on hand at week 0 (the current week) for Items X, Y, Z, W, V, and U, respectively. Items X, Y, and Z are produced in-house, while the rest are purchased from suppliers. GT's master production schedule for Item X indicates gross requirements of 50 units, 70 units, and 120 units at weeks 8, 11, and 13, respectively. Assume there are no scheduled receipts (i.e., pending orders to arrive) for any items during next 13 weeks. So, "scheduled receipts" is omitted in the MRP schedule for the purpose of simplicity. 2 For the following questions Q1 & Q2, present the MRP and lot sizing schedules using the templates provided below for next 13 weeks (~ 3 months). For each item, the schedule indicates the week and quantity that the item should be ready (in the row of "Gross requirement"), and the week and quantity that the assembly or purchase order should be released (in the row of "Order released"). Fill your numbers in the cells within Q1's and Q2's templates. Each incorrect number costs you 0.2 points. If there are 30 or more incorrect numbers together within these two templates, you will receive no points for this Excel work. Blank cell will be 5❘ considered as containing 0. No Excel formula is required for this Excel assignment. 4 6 7 Q1: GT uses the lot-for-lot approach for Items X, Y, Z, V and U. However, to lower the number of purchase orderes from the suppliers of item W overseas, GT decides to follow a different approach of lot sizing for purchasing W: 8 9 -- Place the purchase order only when necessry to avoid immediate stockouts, OR when the beginning inventory on hand of the week drops to 20 units or lower (i.e., ROP = 20 units); 0 -- The purchase order quantity should be the multiple of 30 units (e.g., 30, 60, 90, 120, etc.) and this quantity should be kept as low as possible. 1 Stockouts should not occur at any times. 2 3 4 Table Item Lead time (weeks) Quantity on hand at Week 0 5 (units) 6 X 1 25 7 Y 2 5 8 Z 2 45 10 11 12 13 9 W 3 25 Item Week 0 V 2 65 Gross requirement 1 U 1 50 Projected on hand at the beginning 35 60 60 50 50 30 5 25 35 25 5 20 20 40 40 35 25 X 2 Net requirements 3 Planned order receipts 4 Planned order released 30 0 0 0 0 30 0 0 0 30 0 0 0 5 Gross requirement 6 Projected on hand at the beginning 0 20 20 25 25 20 0 20 35 10 10 35 35 20 0 5 Y 7 Net requirements 8 Planned order receipts 9 Planned order released 0 30 0 0 0 30 0 0 30 0 0 0 30 -0 Gross requirement -1 Projected on hand at the beginning 25 ज 45 30 20 5 30 50 35 15 20 40 40 25 5 -2 Z Net requirements -3 Planned order receipts 4 Planned order released 30 0 0 0 0 30 0 0 0 30 0 0 0 -5 Gross requirement Different lot -6 Projected on hand at the beginning 15 25 15 65 70 50 20 40 0 25 25 120 100 90 90 60 60 sizing than lot -7 W Net requirements for lot 8 Planned order receipts -9 Planned order released 0 30 0 30 0 0 0 0 120 0 0 0 0 0 Gross requirement 1 Projected on hand at the beginning 5 20 20 40 40 35 25 25 0 20 40 20 5 30 35 25 2 V Net requirements 3 Planned order receipts 4 Planned order released 0 30 0 0 0 0 30 0 0 0 30 0 0 5 Gross requirement 6 Projected on hand at the beginning 35 55 40 20 40 20 10 15 60 60 80 60 60 60 45 35 10 30 30 U -7 Net requirements 8 Planned order receipts 9 Planned order released 30 0 0 0 0 30 30 0 0 0 0 0 30 0

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...
icon
Related questions
Question

Please help me solve the table

B
9
0
1
3
Great Tech (GT) is a regional company specializing in the manufacturing of smart home devices. The company is well-known for its innovative products, efficient production processes, and exceptional customer service.
The production of a particular smart home device requires various components (e.g., microcontrollers, sensors, actuators). The manager has designated the product X and its components as Items Y, Z, W, V, and U,
respectively. Item X is assembled using 1 unit of Item Y, 2 units of Item Z, and 2 units of Item W. Each Item Y consists of 2 units of Item Z and 2 units of Item V. Each Item Z requires 1 unit of Item W, 2 units of Item V, and
1 unit of Item U.
The table below shows the lead times and quantities on hand at week 0 (the current week) for Items X, Y, Z, W, V, and U, respectively. Items X, Y, and Z are produced in-house, while the rest are purchased from
suppliers. GT's master production schedule for Item X indicates gross requirements of 50 units, 70 units, and 120 units at weeks 8, 11, and 13, respectively. Assume there are no scheduled receipts (i.e., pending orders
to arrive) for any items during next 13 weeks. So, "scheduled receipts" is omitted in the MRP schedule for the purpose of simplicity.
2 For the following questions Q1 & Q2, present the MRP and lot sizing schedules using the templates provided below for next 13 weeks (~ 3 months). For each item, the schedule indicates the week and quantity that the
item should be ready (in the row of "Gross requirement"), and the week and quantity that the assembly or purchase order should be released (in the row of "Order released"). Fill your numbers in the cells within Q1's
and Q2's templates. Each incorrect number costs you 0.2 points. If there are 30 or more incorrect numbers together within these two templates, you will receive no points for this Excel work. Blank cell will be
5❘ considered as containing 0. No Excel formula is required for this Excel assignment.
4
6
7 Q1: GT uses the lot-for-lot approach for Items X, Y, Z, V and U. However, to lower the number of purchase orderes from the suppliers of item W overseas, GT decides to follow a different approach of lot sizing for
purchasing W:
8
9
-- Place the purchase order only when necessry to avoid immediate stockouts, OR when the beginning inventory on hand of the week drops to 20 units or lower (i.e., ROP = 20 units);
0 -- The purchase order quantity should be the multiple of 30 units (e.g., 30, 60, 90, 120, etc.) and this quantity should be kept as low as possible.
1 Stockouts should not occur at any times.
2
3
4
Table
Item
Lead time
(weeks)
Quantity
on hand at
Week 0
5
(units)
6
X
1
25
7
Y
2
5
8
Z
2
45
10
11
12
13
9
W
3
25
Item
Week
0
V
2
65
Gross requirement
1
U
1
50
Projected on hand at the beginning
35
60
60
50
50
30
5
25
35
25
5
20
20
40
40
35
25
X
2
Net requirements
3
Planned order receipts
4
Planned order released
30
0
0
0
0
30
0
0
0
30
0
0
0
5
Gross requirement
6
Projected on hand at the beginning
0
20
20
25
25
20
0
20
35
10
10
35
35
20
0
5
Y
7
Net requirements
8
Planned order receipts
9
Planned order released
0
30
0
0
0
30
0
0
30
0
0
0
30
-0
Gross requirement
-1
Projected on hand at the beginning
25
ज
45
30
20
5
30
50
35
15
20
40
40
25
5
-2
Z
Net requirements
-3
Planned order receipts
4
Planned order released
30
0
0
0
0
30
0
0
0
30
0
0
0
-5
Gross requirement
Different lot
-6
Projected on hand at the beginning
15
25
15
65
70
50
20
40
0
25
25
120
100
90
90
60
60
sizing than lot
-7
W
Net requirements
for lot
8
Planned order receipts
-9
Planned order released
0
30
0
30
0
0
0
0
120
0
0
0
0
0
Gross requirement
1
Projected on hand at the beginning
5
20
20
40
40
35
25
25
0
20
40
20
5
30
35
25
2
V
Net requirements
3
Planned order receipts
4
Planned order released
0
30
0
0
0
0
30
0
0
0
30
0
0
5
Gross requirement
6
Projected on hand at the beginning
35
55
40
20
40
20
10
15
60
60
80
60
60
60
45
35
10
30
30
U
-7
Net requirements
8
Planned order receipts
9
Planned order released
30
0
0
0
0
30
30
0
0
0
0
0
30
0
Transcribed Image Text:B 9 0 1 3 Great Tech (GT) is a regional company specializing in the manufacturing of smart home devices. The company is well-known for its innovative products, efficient production processes, and exceptional customer service. The production of a particular smart home device requires various components (e.g., microcontrollers, sensors, actuators). The manager has designated the product X and its components as Items Y, Z, W, V, and U, respectively. Item X is assembled using 1 unit of Item Y, 2 units of Item Z, and 2 units of Item W. Each Item Y consists of 2 units of Item Z and 2 units of Item V. Each Item Z requires 1 unit of Item W, 2 units of Item V, and 1 unit of Item U. The table below shows the lead times and quantities on hand at week 0 (the current week) for Items X, Y, Z, W, V, and U, respectively. Items X, Y, and Z are produced in-house, while the rest are purchased from suppliers. GT's master production schedule for Item X indicates gross requirements of 50 units, 70 units, and 120 units at weeks 8, 11, and 13, respectively. Assume there are no scheduled receipts (i.e., pending orders to arrive) for any items during next 13 weeks. So, "scheduled receipts" is omitted in the MRP schedule for the purpose of simplicity. 2 For the following questions Q1 & Q2, present the MRP and lot sizing schedules using the templates provided below for next 13 weeks (~ 3 months). For each item, the schedule indicates the week and quantity that the item should be ready (in the row of "Gross requirement"), and the week and quantity that the assembly or purchase order should be released (in the row of "Order released"). Fill your numbers in the cells within Q1's and Q2's templates. Each incorrect number costs you 0.2 points. If there are 30 or more incorrect numbers together within these two templates, you will receive no points for this Excel work. Blank cell will be 5❘ considered as containing 0. No Excel formula is required for this Excel assignment. 4 6 7 Q1: GT uses the lot-for-lot approach for Items X, Y, Z, V and U. However, to lower the number of purchase orderes from the suppliers of item W overseas, GT decides to follow a different approach of lot sizing for purchasing W: 8 9 -- Place the purchase order only when necessry to avoid immediate stockouts, OR when the beginning inventory on hand of the week drops to 20 units or lower (i.e., ROP = 20 units); 0 -- The purchase order quantity should be the multiple of 30 units (e.g., 30, 60, 90, 120, etc.) and this quantity should be kept as low as possible. 1 Stockouts should not occur at any times. 2 3 4 Table Item Lead time (weeks) Quantity on hand at Week 0 5 (units) 6 X 1 25 7 Y 2 5 8 Z 2 45 10 11 12 13 9 W 3 25 Item Week 0 V 2 65 Gross requirement 1 U 1 50 Projected on hand at the beginning 35 60 60 50 50 30 5 25 35 25 5 20 20 40 40 35 25 X 2 Net requirements 3 Planned order receipts 4 Planned order released 30 0 0 0 0 30 0 0 0 30 0 0 0 5 Gross requirement 6 Projected on hand at the beginning 0 20 20 25 25 20 0 20 35 10 10 35 35 20 0 5 Y 7 Net requirements 8 Planned order receipts 9 Planned order released 0 30 0 0 0 30 0 0 30 0 0 0 30 -0 Gross requirement -1 Projected on hand at the beginning 25 ज 45 30 20 5 30 50 35 15 20 40 40 25 5 -2 Z Net requirements -3 Planned order receipts 4 Planned order released 30 0 0 0 0 30 0 0 0 30 0 0 0 -5 Gross requirement Different lot -6 Projected on hand at the beginning 15 25 15 65 70 50 20 40 0 25 25 120 100 90 90 60 60 sizing than lot -7 W Net requirements for lot 8 Planned order receipts -9 Planned order released 0 30 0 30 0 0 0 0 120 0 0 0 0 0 Gross requirement 1 Projected on hand at the beginning 5 20 20 40 40 35 25 25 0 20 40 20 5 30 35 25 2 V Net requirements 3 Planned order receipts 4 Planned order released 0 30 0 0 0 0 30 0 0 0 30 0 0 5 Gross requirement 6 Projected on hand at the beginning 35 55 40 20 40 20 10 15 60 60 80 60 60 60 45 35 10 30 30 U -7 Net requirements 8 Planned order receipts 9 Planned order released 30 0 0 0 0 30 30 0 0 0 0 0 30 0
Expert Solution
steps

Step by step

Solved in 2 steps

Blurred answer
Similar questions
  • SEE MORE QUESTIONS
Recommended textbooks for you
Practical Management Science
Practical Management Science
Operations Management
ISBN:
9781337406659
Author:
WINSTON, Wayne L.
Publisher:
Cengage,
Operations Management
Operations Management
Operations Management
ISBN:
9781259667473
Author:
William J Stevenson
Publisher:
McGraw-Hill Education
Operations and Supply Chain Management (Mcgraw-hi…
Operations and Supply Chain Management (Mcgraw-hi…
Operations Management
ISBN:
9781259666100
Author:
F. Robert Jacobs, Richard B Chase
Publisher:
McGraw-Hill Education
Business in Action
Business in Action
Operations Management
ISBN:
9780135198100
Author:
BOVEE
Publisher:
PEARSON CO
Purchasing and Supply Chain Management
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…
Production and Operations Analysis, Seventh Editi…
Operations Management
ISBN:
9781478623069
Author:
Steven Nahmias, Tava Lennon Olsen
Publisher:
Waveland Press, Inc.