Complete the MPS record below for a single item. (Enter your responses as integers. A response of "0" is equivalent to being not applicable.)Order Policy: 100 unitsLead Time: 1 weekFebruaryItem: AQuantityon Hand: 80ForecastCustomerorders (booked)Projected on-handinventoryMPS quantity16035200January27015318 86090BID4400LEWeek545306457075508500

The Master Production Schedule (MPS) is a critical document in the field of production planning and…

Answered: Complete the MPS record below for a…

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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14 Uncommitted inventory that is physically on-hand is called ______. a ready-to-buy b ready-to-sell c made-to-stock d available-to-promise 15 Which system calculates materials, subassemblies, and components required for end item production? a production planner b master production schedule c capacity requirements planning d materials requirements planning 16 What is the process that identifies which parent item has generated requirements for a component called? a where-used analysis b splitting c pegging d netting
1. Which of the following quantities has no effect on the first period’s ATP calculation? a) Current on-hand Inventory b) Booked customer orders for the first periods c) MPS quantity for the first period d) Forecasted demand for the first period 2. Which one of the following is an MRP lot-sizing rule that attempts to minimize the amount to minimize the amount of average inventory? a) Periodic order quantity (POQ), WITH P=2 b)Fixed order quantity (FOQ) c) Economic order quantity (EOQ) d)Lot for Lot (L4L). 3. Which of the following statements about lot-sizing rules for MRP is true? a) The periodic order quantity (POQ) rule generates a higher level of average inventory since it creates inventory remnants. b) FOQ is a dynamic lot-sizing rule which reduces the amount of inventory, by doing a better job of matching the order quantity to the projected on-hand inventory quantity. c) The lot for lot rule minimizes inventory investment but maximizes the number of orders placed. d) In…
what recordkeeping activities are included in the term of:i How does expansion or contraction of an inventory impact such information?
What is one important advantage of a Make-To-Stock process? Group of answer choices Can respond quickly to customer demand Creates greater flexibility Less likely to have obsolete inventory More environmentally sensitive
can u help me Dont use Ai plz thx
The definition of work-in-process (WIP) inventory is: Select one: a. An end item ready to be sold, but still an asset on the company's books. b. Products or components that are no longer raw materials but have not yet become finished products. c. Materials for maintenance, repair and operation. d. Materials that are normally purchased but have not yet entered the manufacturing process. and. Additional stock to allow for uneven demand; a buffer.
In the replenishment area, sales and order forecasts are needed to be performed and shared. Select one: a. True b. False
Shown below is a partially completed MPS record for ball bearings. a. Develop the MPS for ball bearings. (Enter your responses as integers. A response of "0" is equivalent to being not applicable.) Item: Ball bearings Quantity on Hand: 400 Forecast Customer orders (booked) Projected on-hand inventory MPS quantity MPS start 1 550 300 350 500 2 250 350 0 0 3 450 250 50 500 4 450 200 100 500 Order Policy: 500 units Lead Time: 1 week Week 5 250 150 350 500 6 400 100 450 500 7 200 50 250 0 8 250 100 To o 9 450 50 50 10 450 150 100 500 500
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…
9
at is the inventory turnover for last year? is at is is oved More Info Sales Cost of goods sold Gross margin Other expenses Net income Finished goods inventory Work-in-process inventory Raw material inventory Total inventory (average for year) Other current assets Other assets Total assets LAST YEAR $244,000 118,000 126,000 Done 51,000 75,000 0 2,000 9,500 4,000 15,500 90,000. 200,000 305,500 . THIS YEAR $257,000 130,000 127,000 51,000 76,000 4,500 12,000 5,500 22,000 109,000 244,000 375,000 - X
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