Complete the MRP record for a bicycle frame using sizing strategy. Repeat using a fixed order quantity of 125 frames. Compare and contrast the results. What are the benefits and drawbacks to each approach? (Leave no cells blank - be certain "0" wherever required.) pictureClick here for the Excel Data File MRP Record Lead time2 week On hand-0 Safety stock-0 Order quantity: L4L Gross requirements Scheduled receipts Available inventory Net requirements Planned order receipts Planned order releases Week 1 70 70 Week 2 75 75 Week 3 Part Name: Bicycle frame 105 0 Week 4 105 0 Week 5 84 0 Week 6 85 0 Week 7 95 0 Week 8 105 0
Complete the MRP record for a bicycle frame using sizing strategy. Repeat using a fixed order quantity of 125 frames. Compare and contrast the results. What are the benefits and drawbacks to each approach? (Leave no cells blank - be certain "0" wherever required.) pictureClick here for the Excel Data File MRP Record Lead time2 week On hand-0 Safety stock-0 Order quantity: L4L Gross requirements Scheduled receipts Available inventory Net requirements Planned order receipts Planned order releases Week 1 70 70 Week 2 75 75 Week 3 Part Name: Bicycle frame 105 0 Week 4 105 0 Week 5 84 0 Week 6 85 0 Week 7 95 0 Week 8 105 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...
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
Transcribed Image Text:Complete the MRP record for a bicycle frame using a L4L lot-sizing strategy. Repeat using a fixed order quantity of 125 frames.
Compare and contrast the results. What are the benefits and drawbacks to each approach? (Leave no cells blank - be certain to enter
"0" wherever required.)
pictureClick here for the Excel Data File
MRP Record
Lead time-2 week
On hand-0
Safety stock-0
Order quantity: L4L
Gross requirements
Scheduled receipts
Available inventory
Net requirements
Planned order receipts
Planned order releases
Week 1
70
70
Week 2
75
75
Week 3
Part Name: Bicycle frame
105
0
Week 4
105
0
Week 5
84
0
Week 6
85
0
Week 7
95
0
Week 8
105
0

Transcribed Image Text:MRP Record
Lead time=2 week
On hand-0
Safety stock = 0
Order quantity: FOQ = 125
Gross requirements
Scheduled receipts
Available inventory
Net requirements
Planned order receipts
Planned order releases
Week 1
70
125
Week 2
75
125
Week 3
105
Part Name: Bicycle frame
0
Week 4
105
0
Week 5
84
0
Week 6
85
0
Week 7
95
0
Week 8
105
0
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