Homework Help is Here – Start Your Trial Now!
Business
Operations Management
Consider the following example. A company that makes industrial pumps wants to prepare a master production schedule for June and July. Marketing has forecasted demand of 120 pumps for June and 160 pumps for July for its major product. These will be evenly distributed over the four weeks in each month: 30 per week in June and 40 per week in July, as illustrated in Figure 12-6. Now, suppose that there are currently 64 pumps in inventory (i.e., beginning inventory is 64 pumps), and that there are customer orders that have been committed (booked) and must be filled (see Figure 12-7). Prepare another master scheduling table for the pumps of Figure 12-11; use the same inputs as the example, but change the master scheduling rule from "schedule production when the projected on-hand inventory would be negative without production" to "schedule production when the projected on-hand inventory would be less than 10 units without production." (Do not leave any empty spaces; input a O wherever it is required.) Forecast Committed Projected on hand (min = 10) 64 Produce (lot size = 70) Available-to-promise 1 2 30 30 June July 3 4 5 6 7 8 30 30 40 40 40 40

Consider the following example. A company that makes industrial pumps wants to prepare a master production schedule for June and July. Marketing has forecasted demand of 120 pumps for June and 160 pumps for July for its major product. These will be evenly distributed over the four weeks in each month: 30 per week in June and 40 per week in July, as illustrated in Figure 12-6. Now, suppose that there are currently 64 pumps in inventory (i.e., beginning inventory is 64 pumps), and that there are customer orders that have been committed (booked) and must be filled (see Figure 12-7). Prepare another master scheduling table for the pumps of Figure 12-11; use the same inputs as the example, but change the master scheduling rule from "schedule production when the projected on-hand inventory would be negative without production" to "schedule production when the projected on-hand inventory would be less than 10 units without production." (Do not leave any empty spaces; input a O wherever it is required.) Forecast Committed Projected on hand (min = 10) 64 Produce (lot size = 70) Available-to-promise 1 2 30 30 June July 3 4 5 6 7 8 30 30 40 40 40 40

Practical Management Science
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...
See similar textbooks
icon
Related questions
Question
Consider the following example. A company that makes industrial pumps wants to prepare a master production schedule for June and July. Marketing has forecasted demand of 120 pumps for June and 160 pumps for July for its major product. These will be evenly distributed over the four weeks in each month: 30 per week in June and 40 per week in July, as illustrated in Figure 12-6. Now, suppose that there are currently 64 pumps in inventory (i.e., beginning inventory is 64 pumps), and that there are customer orders that have been committed (booked) and must be filled (see Figure 12-7). Prepare another master scheduling table for the pumps of Figure 12-11; use the same inputs as the example, but change the master scheduling rule from "schedule production when the projected on-hand inventory would be negative without production" to "schedule production when the projected on-hand inventory would be less than 10 units without production." (Do not leave any empty spaces; input a O wherever it is required.) Forecast Committed Projected on hand (min = 10) 64 Produce (lot size = 70) Available-to-promise 1 2 30 30 June July 3 4 5 6 7 8 30 30 40 40 40 40
Transcribed Image Text:Consider the following example. A company that makes industrial pumps wants to prepare a master production schedule for June and July. Marketing has forecasted demand of 120 pumps for June and 160 pumps for July for its major product. These will be evenly distributed over the four weeks in each month: 30 per week in June and 40 per week in July, as illustrated in Figure 12-6. Now, suppose that there are currently 64 pumps in inventory (i.e., beginning inventory is 64 pumps), and that there are customer orders that have been committed (booked) and must be filled (see Figure 12-7). Prepare another master scheduling table for the pumps of Figure 12-11; use the same inputs as the example, but change the master scheduling rule from "schedule production when the projected on-hand inventory would be negative without production" to "schedule production when the projected on-hand inventory would be less than 10 units without production." (Do not leave any empty spaces; input a O wherever it is required.) Forecast Committed Projected on hand (min = 10) 64 Produce (lot size = 70) Available-to-promise 1 2 30 30 June July 3 4 5 6 7 8 30 30 40 40 40 40
Expert Solution
steps

Step by step

Solved in 2 steps

SEE SOLUTIONCheck out a sample Q&A here
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.
SEE MORE TEXTBOOKS