Consider the bill of material for product P and the data given in the following table. The master schedule requirements for Pare 60 units in week 6. Items Q and Rare manufactured internally by the firm and use the lot-for-lot lot-sizing rule. Item S is purchased from a local distributor, and has a Fixed Order Quantity of 50 pieces per order. Use a blank matrix to solve for the MRP requirements. P. Q(2) S(3) R(3) Quantity on Hand Scheduled receipts Item Lead Time P. 15 20 in week 2 R. 2. 2. 25 15 in week 1 Given the following information, how many R's should be ordered? O 180 O 330 O 360 O 165 O 225

Consider the bill of material for product P and the data given in the following table. The master schedule requirements for Pare 60 units in week 6. Items Q and Rare manufactured internally by the firm and use the lot-for-lot lot-sizing rule. Item S is purchased from a local distributor, and has a Fixed Order Quantity of 50 pieces per order. Use a blank matrix to solve for the MRP requirements. P. Q(2) S(3) R(3) Quantity on Hand Scheduled receipts Item Lead Time P. 15 20 in week 2 R. 2. 2. 25 15 in week 1 Given the following information, how many R's should be ordered? O 180 O 330 O 360 O 165 O 225

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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Question

Consider the bill of material for product P and the data given in the following table. The master schedule requirements for P are
60 units in week 6. Items Q and Rare manufactured internally by the firm and use the lot-for-lot lot-sizing rule. Item is
purchased from a local distributor, and has a Fixed Order Quantity of 50 pieces per order. Use a blank matrix to solve for the
MRP requirements.
Q(2)
S(3)
R(3)
Quantity on Hand
5.
Scheduled reccipts
Item
Lead Time
15
20 in week 2
R.
S.
25
15 in week 1
Given the following information, how many R's should be ordered?
O 180
O 330
O 360
O 165
O 225
-/2/2

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Similar questions

A single inventory item is ordered from an outside supplier. The anticipateddemand for this item over the next 12 months is 6, 12, 4, 8, 15, 25, 20, 5, 10, 20, 5,12. Current inventory of this item is 4, and ending inventory should be 8. Assume aholding cost of $1 per period and a setup cost of $40. Determine the order policyfor this item based onc. Part period balancing
3. Item Z has a lead time of two weeks; A, B, C and D take one week each and E takes 3 weeks. Fifty units of Z are required in period 10. Assume that there is currently no inventory on hand of any of these items. Consider the following Bill of material and develop an MRP schedule for A, B, C, D and E showing gross and net requirements and order releases and order receipt dates. Assume Lot-for-lot ordering. C(3) A(2) Z D(4) E(2) B(4) Level 0 1 2 3
Please solve correctly. Don't solve if you don't know -
The MRP gross requirements for Item X are shown here for the next 10 weeks. Lead time for A is two weeks, and setup cost is $10. There is a carrying cost of $0.02 per unit per week. Beginning inventory is 72 units. WEEK 1 2 3 4 5 6 7 8 9 10 Gross requirements 21 12 15 45 10 30 100 20 40 150 Use the least total cost lot-sizing method to determine when and for what quantity the first order should be released. Least total cost method indicates that periods units should be ordered to cover the needs for
7
Calculate MPS for all periods
Exercise 2: The demand per year (D) for product X is 12,100 units. The costs of placing an order (S) are $4.50. The unit cost (C) of the item is $25.00. The maintenance cost (H) per unit per year is 30% of the item's cost. 1. Use the economic order quantity (EOQ) model to determine: *Optimal quantity to order* The expected number of orders*Optimal time between orders*The total annual cost of maintaining that optimal amountNOTE: Show calculations of how you arrived at each amount 2. Answer, what are the potential benefits of using EOQ analysis for inventory management? How can you help businesses strike a balance between inventory holding costs and ordering costs?