### Material Requirement Planning (MRP) Questions:#### Toy Car1. **Planned Order Receipts** - **Question**: For the Toy Car table above, what are the Planned Order Receipts in the week of 8/31? - **Answer**: 2. **Planned Order Releases** - **Question**: For the Toy Car table above, what are the Planned Order Releases in the week of 9/21? - **Answer**: #### Wheel Assembly3. **Gross Requirements** - **Question**: For the Wheel Assembly table above, what are the Gross Requirements in the week of 9/7? - **Answer**: 4. **Projected On-Hand Inventory** - **Question**: For the Wheel Assembly table above, what is the Projected On-Hand Inventory in the week of 8/31? - **Answer**: 5. **Net Requirements** - **Question**: For the Wheel Assembly table above, what are the Net Requirements in the week of 8/24? - **Answer**: #### Axle6. **Gross Requirements (Week of 9/7)** - **Question**: For the Axle table above, what are the Gross Requirements in the week of 9/7? - **Answer**: 7. **Gross Requirements (Week of 9/14)** - **Question**: For the Axle table above, what are the Gross Requirements in the week of 9/14? - **Answer**: 8. **Planned Order Releases** - **Question**: For the Axle table above, what are the Planned Order Releases in the week of 8/17? - **Answer**: **Note:** Ensure to refer to the specific tables associated with each component (Toy Car, Wheel Assembly, and Axle) to provide accurate numeric values for the Planned Order Receipts, Planned Order Releases, Gross Requirements, Projected On **Bill of Material for Toy Car Assembly****Overview:**A toy company needs to calculate material requirements for its top-selling toy car. The graphic below shows the bill of material for this item. **Bill of Materials (BOM) Graphic:**The graphical representation of the Bill of Materials (BOM) illustrates the hierarchy of components required to assemble a toy car:- **Toy Car Final Assembly** - **Wheel Assembly (2 required)** - **Axle (1 required)** - **Wheel (2 required)** - **Body (1 required)**---**Material Requirements Planning (MRP) Tables:**### Toy Car Final Assembly| Date | 8/3 | 8/10 | 8/17 | 8/24 | 8/31 | 9/7 | 9/14 | 9/21 | 9/28 ||------------|-----|------|------|------|------|-----|------|------|------|| Gross Requirements | | 1000 | 1000 | 1000 | 1000 | 1000 | 1900 | 2200 | || Scheduled Receipts | 390 | | 470 | | | | 330 | | || Projected On-Hand Inv. | 100 | 490 | | 460 | | 460 | 490 | | || Net Requirements | | | | | | | | | || Planned Order Receipts| | | | | | | | | || Planned Order Releases| | | | | | | | | || **Lead Time (in weeks)** | 1 | | | | | | | | || **Lot Size** | 120 | | | | | | | | |### Wheel Assembly| Date | 8/3 | 8/10 | 8/17 | 8/24 | 8/31 | 9/7 | 9/14 | 9/21 | 9/28 ||------------|-----|------|------|------|------

We complete the table as shown below:When the net requirements are a non-zero value, we order in…

Answered: For the Toy Car table above, what are…

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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Prepare a master schedule given this information: The forecast for each week of an eight-week schedule is 60 units. The MPS rule is to schedule production if the projected on-hand Inventory would be negative without it. Customer orders (committed) are as follows: Week 1 2 3 Customer Orders 54 38 25 20 Use a production lot size of 73 units and no beginning inventory. (In the ATP row, enter a value of 0 (zero) In any perlods where ATP should not be calculated. Leave no cells blank - be certain to enter "0" wherever required.) June July MPS ATP Forecast Customer Orders Projected On-Hand Inventory 60 54 2 60 38 3 60 25 4 60 20 5 60 0 6 60 0 7 60 0 8 60 0
Develop a production schedule to produce the exact production requirements by varying the workforce size for the following problem. The monthly forecasts for Product X for January, February, and March are 940, 1,520, and 1,230, respectively. Safety stock policy recommends that half of the forecast for that month be defined as safety stock. There are 22 working days in January, 19 in February, and 21 in March. Beginning inventory is 570 units. Manufacturing cost is $170 per unit, storage cost is $5 per unit per month, standard pay rate is $8 per hour, overtime rate is $12 per hour, cost of stock-out is $9 per unit per month, marginal cost of subcontracting is $8 per unit, hiring and training cost is $160 per worker, layoff cost is $260 per worker, and worker productivity is 0.1 unit per hour. Assume that you start off with 44 workers and that they work 8 hours per day. (Leave the cells blank, whenever zero (0) is required. Input all values as positive values. Round up "Workers Required"…
Can the optimal stocking level in the single-period model ever be less than expected demand?Explain briefly.
Complete the following master schedule record Click the icon to view the master schedule record Complete the master production schedule (enter your responses as whole numbers). On-hand inventory at end of week 1: 60 Week 2 3 4 5 6 7 8 9 Forecasted demand 230 390 280 380 400 290 320 370 Booked orders 220 110 100 140 190 340 155 285 Projected ending inventory Master production schedule 860 840 860 Available to promise 850 410
Describe the differences among planned orders, released orders, and firm planned orders. Whocontrols each?
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
How does Material Requirement Planning help organizations balance inventory carrying costs with the risk of stockouts and production delays?
One unit of A is made of one unit of B and one unit of C. B is made of four units of C and one unit each of E and F. C is made of two units of D and one unit of E. E is made of three units of F. Item C has a lead time of one week; Items A, B, E, and F have two-week lead times; and Item D has a lead time of three weeks. Lot-for-lot (L4L) lot sizing is used for Items A, D, and E; lots of size 50, 100, and 50 are used for Items B, C, and F, respectively. Items A, C, D, and E have on-hand (beginning) inventories of 15, 55, 100, and 10, respectively; all other items have zero beginning inventory. We are scheduled to receive 10 units of A in Week 1, 100 units of C in Week 1, and 100 units of D in Week 3; there are no other scheduled receipts.If 50 units of A are required in week 10, use the low-level-coded bill-of-materials (product structure tree) to find the necessary planned-order releases for all components. (Leave the cells blank, whenever zero (0) is required.)
Which of the following are the inputs for the material requirements planning? Master production scheduling, bill of materials, and inventory records Master production scheduling, aggregate planning, and inventory records Aggregate planning, bill of materials, and inventory records Master production scheduling, aggregate planning, and bill of materials
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Item4 Time Remaining 2 hours 53 minutes 2 seconds 02:53:02 eBookReferences Item 4 Time Remaining 2 hours 53 minutes 2 seconds 02:53:02 The production planner for a private label soft drink maker is planning the production of two soft drinks: root beer (R) and sassafras soda (S). There are at most 12 hours per day of production time and 1,500 gallons per day of carbonated water available. A case of root beer requires 2 minutes of time and 5 gallons of water to produce, while a case of sassafras soda requires 3 minutes of time and 5 gallons of water. Profits for the root beer are $6.00 per case, and profits for the sassafras soda are $4.00 per case. The firm’s goal is to maximize profits. What is the time constraint? rev: 09_21_2020_QC_CS-229783 Multiple Choice 5R + 5S ≤ 720. 3R + 5S ≤ 720. 2R + 5S ≤ 720. 3R + 2S ≤ 720. 2R + 3S ≤ 720.
Calculate MPS for all periods

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