In the following Material Requirements Planning (MRP) schedule for Item J, you'll find the necessary fields to determine the net requirements, planned-order receipts, and planned-order releases, aiming to satisfy the gross requirements. The lead time is one week. Leave any cells blank wherever zero (0) is required.### MRP Schedule**Week Number:**| Item J | 0 | 1 | 2 | 3 | 4 | 5 ||--------|----|----|----|----|----|----|| Gross Requirements | | 75 | 50 | | 70 || On-hand | 48 |#### Fields to Fill:- **Net requirements**: To calculate the actual amount required after accounting for on-hand and scheduled receipts.- **Planned-order receipt**: Orders that are expected to arrive.- **Planned-order release**: Orders that need to be made to ensure planned-order receipts arrive in time.**Table Details:****Period:**| | 1 | 2 | 3 | 4 | 5 ||--------------|----|----|----|----|----|| Gross requirements | | 75 | 50 | | 70 || Scheduled receipts | | | | | || Projected available balance | | | | | || Net requirements | | | | | || Planned order receipts | | | | | || Planned order releases | | | | | |- **Item J** represents the item being planned for.- **Oh: 40** indicates the on-hand inventory is 40 units.- **LT: 1** indicates a lead time of one week.- **SS: 0** implies there is no safety stock requirement.- **Q: L4L** indicates that orders should be placed as "Lot-for-Lot," meaning you order exactly what's required. This structure allows for the planning and control of inventory requirements over a set number of periods, ensuring the timely fulfillment of future demands.

Given Gross requirement of week 2, 4, 5 is 75, 50, and 70 respectively.

Answered: In the following MRP planning schedule…

Entrepreneurial Finance

6th Edition

ISBN:9781337635653

Author:Leach

Publisher:Leach

Chapter4: Preparing And Using Financial Statements

Section: Chapter Questions

Problem 2EP

See similar textbooks

Similar questions

A4.
Based on the attached image, compute the manufacturing cycle efficiency based on below data (to the nearest whole percentage)
11. Diorio Corporation keeps careful track of the time required to fill orders. The times recorded for a particular order appear below. What was the manufacturing cycle efficiency (MCE) closest to? Hours Move time 2.7 Wait time 21.1 Queue time 5.3 Process time 1.4 Inspection time 0.1 A. 0.05 В. 0.45 С. 0.18 D. 0.15
The assembly-line activities are given as follows for the manufacturing of a product: Performance Time (mins) Performance Time (mins) 6 4 5 3 Task A B с D Predecessors A B B Task E F G H 524 2 Predecessors C с D, E, F G For a given 7-minute cycle time after allowances, the theoretical minimum number of workstations = (round your response to the immediate higher whole number).
DataSpan, Inc., automated its plant at the start of the current year and installed a flexible manufacturing system. The company is also evaluating its suppliers and moving toward Lean Production. Many adjustment problems have been encountered, including problems relating to performance measurement. After much study, the company has decided to use the performance measures below, and it has gathered data relating to these measures for the first four months of operations. Month 1 2 4 Throughput time (days) Delivery cycle time (days) Manufacturing cycle efficiency (MCE) Percentage of on-time deliveries Total sales (units) ? ? ? ? ? ? ? 89% 84% 81% 78% 3880 3714 3524 3390 Management has asked for your help in computing throughput time, delivery cycle time, and MCE. The following average times have been logged over the last four months: Average per Month (in days) 4 Move time per unit Process time per unit Wait time per order before start of production Queue time per unit Inspection time per…
Problem 10-14 Measures of Internal Business Process Performance [LO10-3] DataSpan, Inc., automated its plant at the start of the current year and installed a flexible manufacturing system. The company is also evaluating its suppliers and moving toward Lean Production. Many adjustment problems have been encountered, including problems relating to performance measurement. After much study, the company has decided to use the performance measures below, and it has gathered data relating to these measures for the first four months of operations. Month 1 2 4 ? ? ? ? Throughput time (days) Delivery cycle time (days) ? ? ? ? ? ? ? ? Manufacturing cycle efficiency (MCE) Percentage of on-time deliveries Total sales (units) 92% 87% 2060 1972 1871 1800 Management has asked for your help in computing throughput time, delivery cycle time, and MCE. The following average times have been logged over the last four months: Average per Month (in days) 1 2 3 4 0.7 0.4 0.5 0.5 Move time per unit 3.0 2.8 2.7…
SanaMolp management reports that its average delivery cycle time is 20.0 days; its average throughput time is 7.5 days; its manufacturing cycle efficiency is 0.32; its average move time is 0.2 day; and its average queue time is 4.0 days: a. What is the wait time? b. What is the process time? c. What is the inspection time? Answer with solution pls
Vandenheuvel Corporation keeps careful track of the time required to fill orders. The times recorded for a particular order appear below: Move time Wait time Queue time Process time Inspection time The manufacturing cycle efficiency (MCE) was closest to: (Round your intermediate calculations to 1 decimal place.) Multiple Choice O 0.11 0.19 0.31 Hours 3.3 19.7 9.9 1.7 0.9 0.05
Vandenheuvel Corporation keeps careful track of the time required to fill orders. The times recorded for a particular order appear below: Move time Wait time Queue time Process time Inspection time Multiple Choice 0.36 The manufacturing cycle efficiency (MCE) was closest to: (Round your Intermediate calculations to 1 decimal place.) 0.06 0.04 Hours 2.4 0.14 31.9 28.4 2.0 0.4
25 )
19 )
For a typical order, assume the following times (in hours): storage time (in between processes), 4.0; inspection time, 2.0; move time (from process to process), 3.0; and manufacturing (processing) time, 6.0. Given this information, what is the manufacturing cycle efficiency (%)? (Hint: Refer to Exhibit 14.14.) (Round your answer to 1 decimal place. (e.g., 32.463% = 32.5%))

SEE MORE QUESTIONS

Recommended textbooks for you

Entrepreneurial Finance

Finance

ISBN:

9781337635653

Author:

Leach

Publisher:

Cengage

Excel Applications for Accounting Principles

Accounting

ISBN:

9781111581565

Author:

Gaylord N. Smith

Publisher:

Cengage Learning

Pkg Acc Infor Systems MS VISIO CD

Finance

ISBN:

9781133935940

Author:

Ulric J. Gelinas

Publisher:

CENGAGE L

Entrepreneurial Finance

Finance

ISBN:

9781337635653

Author:

Leach

Publisher:

Cengage

Excel Applications for Accounting Principles

Accounting

ISBN:

9781111581565

Author:

Gaylord N. Smith

Publisher:

Cengage Learning

Pkg Acc Infor Systems MS VISIO CD

Finance

ISBN:

9781133935940

Author:

Ulric J. Gelinas

Publisher:

CENGAGE L

Cornerstones of Cost Management (Cornerstones Ser…

Accounting

ISBN:

9781305970663

Author:

Don R. Hansen, Maryanne M. Mowen

Publisher:

Cengage Learning

Principles of Cost Accounting

Accounting

ISBN:

9781305087408

Author:

Edward J. Vanderbeck, Maria R. Mitchell

Publisher:

Cengage Learning

Managerial Accounting: The Cornerstone of Busines…

Accounting

ISBN:

9781337115773

Author:

Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger

Publisher:

Cengage Learning

SEE MORE TEXTBOOKS