Demand forecast for product A is twenty units per week. There is a scheduled receipt of 100 units for week 3. There are orders of twenty-four for week 1,eighteen for week 2, and fifteen for week 3. If the company has a stock of fifty-six units of product, what is the projected on-hand inventory on week 27OA 14B.3212OC. 12OD. 20OE. None of the above.

Demand forecast = 20 unitsOpening inventory = 56 unitsOrders of week 1 = 24 unitsOrders of week 2 =…

Answered: Demand forecast for product A is twenty…

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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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 units Lead Time: 1 week February Item: A Quantity on Hand: 80 Forecast Customer orders (booked) Projected on-hand inventory MPS quantity 1 60 35 20 0 January 2 70 15 3 18 8 60 90 BID 4 40 0 LE Week 5 45 30 6 45 70 7 55 0 8 50 0
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1. Net sales for the hosiery department in May wee $30,620. Book inventory at the end of the month showed that $97,831 should be on hand. Physical inventory showed $97,560. Determine shortage or overage percent. Present your answer with a percent sign, rounded to two decimal places (i.e. 19.64%). 2. Using the data below, determine the closing book inventory. Not all information given may be needed. Present your answer with a dollar sign, comma separator, rounded to the dollar. (i.e. $19,567) Opening inventory $89,760 Gross purchases $43,620 RTV $860 Cash discounts $320 Markdowns $5,246 Markdown cancellations $318 Employee discounts $784 Gross sales $49,318 Customer returns $2,945 Net markups $760 3. Calculate the shortage or overage percent, given the following information. Present your answer with a percent sign, rounded to two decimal places (i.e. 19.64%). NOTE. There is another question in this quiz using the same data. Opening inventory…
Component Immediate Parent Usage per Parent Lead Time (weeks) Beginning Inventory A none — 1 0 B A 2 2 250 C A 1 6 500 D A 3 3 750 E A 2 2 750 F B 4 2 3000 G B 2 4 1000 H D 3 2 5000 I D 2 4 5000 J E 1 8 1000 K E 5 1 5000 L E 2 4 2500 M F 3 3 250 N F 6 3 2560 O H 2 4 0 P K 1 2 500 Q K 2 3 1000 Using the information given, calculate the replenishment time when no beginning inventory exists.
Discussion Questions 1. The customer order decoupling point was described as the point at which the demand changed from independent to dependent. Describe what this means and why it is important to managers. 2. Provide examples of make-to-stock, assemble-to-order, and make-to-order products. What advantages are there in moving from make-to-stock to assemble- or make-to- order?
Product A Order Qty = 400 Order Lead Time = 2 Forecast Demand Scheduled Receipts Projected Available Inventory 400 Planned Order Receipts Planned Order Releases 1 300 OD 4, 6, 2 300 400 Sketch and fill in the grid on scrap paper to use on upcoming questions In what periods would you incur a planned order release? OA 1.3, and 4 2.4, and 5 OC 3,5, and 6 and 7 3 300 PERIODS 4 300 5 300 6 300 7 100 8 100
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Complete the master production schedule (enter your responses as whole numbers). On-hand inventory at end of week 1: 190 Week Forecasted demand Booked orders Projected ending inventory Master production schedule Available to promise 2 280 125 680 770 3 400 170 280 4 290 265 640 650 5 250 150 390 6 260 265 965 840 7 250 240 715 8 290 125 1295 870 555 9 310 190 985
ssume you are the manager of a shop that assembles power tools. You have just received an order for 50 chain saws, which are to be shipped at the start of week 8. Pertinent information on the saws follows: Item Lead Time (weeks) On Hand Components Saw 2 15 A(2), B(1), C(4) A 1 10 E(3), D(1) B 2 5 D(2), F(3) C 2 65 E(2), D(2) D 1 20 E 1 10 F 2 30 Develop the material requirements plan for component E using lot-for-lot ordering for all items. (Leave no cells blank - be certain to enter "0" wherever required.)
Question 5 Which pattern would you use in the following situation: you have a Product class which knows its own inventory. It should behave differently when it has inventory vs when it doesn't (e.g. a getPrice method returns "$5.99" or "Out of Stock"). Think about which class should be responsible for choosing the behavior in this case. 1) Strategy 2) Observer 3) State Question 8 MVC's big advantage is that you don't need to tie communications between a UI and a data model to a specific implementation. True / False?
The 10th annual bowling tournament is at your hotel in June. The group has a lot of audio-visual (AV) needs that the hotel will need to provide. The hotel has some basic AV equipment but does not have some of the items on the client’s request list. Which of the following strategies should the hotel employ so that the hotel and the client both benefit in this situation? Question 17 options: a) Rent the equipment and for convenience blend the cost into the budget for the client. b) Offer the client flip charts and markers instead of a projector for a lower price. c) Do not meet the guest’s needs and offer him a complimentary guest room for his trouble. d) Send the guest to the hotel next door for the AV portion of their meeting.
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…

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