Fill in the blanks in the following Inventory Record using POQ inventory policy assuming: LeadTime50, and scheduled receipts of 40 in week 1A=2, P=3, on hand inventoryLT=Quantity=Lot Size =On hand =2P=350=Gross requirementsScheduled receiptsProjected on handPlanned-order receiptsPlanned-order releasesBD190402D320A4405660C7Bco860

Planned Order Release= POQ = 3 ,POQ = 3 Means when we need to order we will order the Gross…

Answered: Fill in the blanks in the following…

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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Develop an EOQ solution and calculate total relevant costs for the data in the preceding table.
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
K Develop a lot-for-lot solution and calculate total relevant costs for the gross requirements in the following table*. Period 1 Gross requirements 30 Develop a lot-for-lot solution (enter your responses as whole numbers). Period Gross requirements On-hand at beginning of period On-hand at end of period Order receipt Order release 2 40 3 40 1 30 U 4 2 *Holding cost = $2.50/unit/week; setup cost = $150; lead time = 1 week; beginning inventory = 40. 5 6 7 30 70 20 3 40 8 4 9 10 10 80 5 6 7 30 70 20 8 11 9 10 D 12 50 10 11 12 80 50
52
Here it’s the answers I just need an explanation of how did you get that number.
Using the gross requirements schedule below*, prepare an alternative ordering system that always orders 100 units the week prior to a shortage (a fixed order quantity of 100). What is the cost of this ordering system? D Period 1 2 3 Gross requirements 35 30 40 4 5 6 7 8 9 10 0 10 40 30 0 30 55 *Holding cost = $1/unit/week; setup cost = $100; lead time = 1 week; beginning inventory = 35 units. Prepare a net requirements plan (enter your responses as whole numbers). The holding cost of this ordering system is $ The setup cost of this ordering system is $ The total cost of this ordering system is $ Period Gross requirements On-hand at beginning of period 35 On-hand at end of period Net requirements Order receipt Order release (enter your response as a whole number). (enter your response as a whole number). (enter your response as a whole number). 1 35 2 3 30 40 4 0 7 8 9 10 0 30 55 5 6 10 40 30
QUESTION 2 Based on the information given below, compute the planned order releases and projected on hand balances for part A, P and M. Graph 1: Bill of Materials (BOM) J (2) Y (3) P (2) B M Table 2: Materials Requirement for Part A, P and M Part A Week 1 2 3 4 5 6. Gross requirement Scheduled receipts Projected on-hand inventory Net Requirements Planned order receipts Planned order releases Quantity = 50, Lead Time = 2, Safety Stock = 0 20 10 20 50 25 Part P Week 1 2 4 Gross requirement Scheduled receipts Projected on-hand inventory Net Requirements Planned order receipts Planned order releases Quantity = Lot-for-Lot, Lead Time = 1, Safety Stock = 30 60 100 %3D
Develop a lot-for-lot solution and calculate total relevant costs for the gross requirements in the following table*. 5 6 7 30 70 30 9 10 11 12 60 10 70 Period 1 Gross requirements 20 2 Period Gross requirements On-hand at beginning of period 40 On-hand at end of period Order receipt Order release 3 40 1 20 4 *Holding cost = $3.50/unit/week; setup cost = $200; lead time = 1 week; beginning inventory = 40. Develop a lot-for-lot solution (enter your responses as whole numbers). 2 3 40 4 8 5 6 30 7 70 30 8 9 10 11 12 10 70 60 corn
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