L4L lol-sizng rule, develop a Material Requirements Plan (MRP) Jor the n 8 weeks for A151 part. Item: A151 Week Lot size: L4L 4 5 6. 7 8 Lead time: 1 Gross Requirements Scheduled Receipts On Hand Inventory Net Requirements Planned Order Receipts Planned Order Releases

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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1.
Speedy, Inc. is a company that produces automotive electrical components. A151 is a
common part for all its products. Consider the following gross requirements and inventory
data for A151 part:
Week
[Gross requirements
1
3
4
5
6
7
30
40
30
70
20
Inventory Data:
Lead time
Beginning inventory
Scheduled receipts
Holding cost
[Setup cost
1 week
40
$2.50/unit/week
$150
(i)
Based on the L4L lot-sizing rule, develop a Material Requirements Plan (MRP) for the next
8 weeks for A151 part.
Item: A151
Week
Lot size: L4L
3
4
6
8
Lead time: 1
Gross Requirements
Scheduled Receipts
On Hand Inventory
Net Requirements
Planned Order Receipts
Planned Order Releases
Transcribed Image Text:1. Speedy, Inc. is a company that produces automotive electrical components. A151 is a common part for all its products. Consider the following gross requirements and inventory data for A151 part: Week [Gross requirements 1 3 4 5 6 7 30 40 30 70 20 Inventory Data: Lead time Beginning inventory Scheduled receipts Holding cost [Setup cost 1 week 40 $2.50/unit/week $150 (i) Based on the L4L lot-sizing rule, develop a Material Requirements Plan (MRP) for the next 8 weeks for A151 part. Item: A151 Week Lot size: L4L 3 4 6 8 Lead time: 1 Gross Requirements Scheduled Receipts On Hand Inventory Net Requirements Planned Order Receipts Planned Order Releases
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