b) Prepare a master schedule based on the following information:Week:1235Forecast120100150Orders709060Initial inventory=100Batch size = 2004803080206100107120081100

Following is the step to create a master scehdule for the data provided above- Calculate the total…

Answered: b) Prepare a master schedule based on…

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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Create the best suitable ERP installation project approach for all circumstances. X's
The three tables above show the master production schedule and the bill of materials of part A, and the inventory records of all the parts. There are no scheduled receipts. Given this information, what is the net requirement of part A in Week 4?
Discuss the meaning of MRP terms such as planned order release and the scheduled order receipt.
Year Demand History for the Bow Rake: DEMAND Month Year 1 Year 2 Year 3 Year 4 1 55,220 39,875 32,180 62,377 2 57,350 64,128 38,600 66,501 3 15,445 47,653 25,020 31,404 4 27,776 43,050 51,300 36,504 5 21,408 39,359 31,790 16,888 6 17,118 10,317 32,100 18,909 7 18,028 45,194 59,832 35,500 8 19,883 46,530 30,740 51,250 9 15,796 22,105 47,800 34,443 Prepare a graph that shows the four-year demand history for the bow rake. Discuss any apparent trend and seasonal patterns. 2. Which forecasting method might be best for bow rakes for each month of Year 5? Why?
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h ow is master production schedule created and how it is used ?
Explain the approach of MRP while dealing with the inventory management ?
Completely fill in the MRP matrices for items J, K, and L. Do not complete the matrix for M and be careful to watch lot size restrictions. Item J LLC 0 Lot Size L4L LT 3 1 2 3 4 5 6 7 8 9 Gross Requirements Scheduled Receipts Projected on Hand 100 Net Requirements Planned Order Receipts Planned Order Releases Item K LLC _ Lot Size Mult 200 LT 2 1 2 3 4 5 6 7 8 9 Gross Requirements Scheduled Receipts Projected on Hand 110 Net Requirements Planned…
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
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It is Friday afternoon and the following production information is available for the following week: EOQ Lead time b) c) d) 100 units 2 days Gross requirements Scheduled receipts Projected on hand Net requirements Planned order receipts Planned order releases 0 Monday Tuesday Wednesday Thursday Friday 40 70 80 50 40 100 Complete the MRP matrix for the following week with this information. At the production meeting on Monday morning the following information is shared: a) The planned order for 100 units on Monday is released. Thirty of the scheduled receipts for Monday are scrapped. An order for 20 units is received for delivery on Wednesday. An order for 40 units is received for delivery on Monday of the following week. EOQ Lead time 50 100 units 2 days Use this information to update the MRP matrix for the week.
One unit of A is made of three units of B, one unit of C, and two units of D. B is composed of two units of E and one unit of D. C is made of one unit of B and two units of E. E is made of one unit of F. Items B, C, E, and F have one-week lead times; A and D have lead times of two weeks. Assume that lot-for-lot (L4L) lot sizing is used for items A, B, and F; lots of size 50, 50, and 200 are used for Items C, D, and E, respectively. Items C, E, and F have on-hand (beginning) inventories of 10, 50, and 150, respectively; all other items have zero beginning inventory. We are scheduled to receive 10 units of A in week 2, 50 units of E in week 1, and also 50 units of F in week 1. There are no other scheduled receipts. If 30 units ofA are required in week 8, use the low-level-coded bill-of-materials to find the necessaryplanned-order releases for all components.

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b) Prepare a master schedule based on the following information: 1 2 3 5 120 100 150 70 90 60 Week: Forecast Orders Initial inventory=100 Batch size=200 4 80 30 80 20 6 100 10 7 120 0 8 110 0