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 sizes 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 20, 50, 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.
Critical Path Method
The critical path is the longest succession of tasks that has to be successfully completed to conclude a project entirely. The tasks involved in the sequence are called critical activities, as any task getting delayed will result in the whole project getting delayed. To determine the time duration of a project, the critical path has to be identified. The critical path method or CPM is used by project managers to evaluate the least amount of time required to finish each task with the least amount of delay.
Cost Analysis
The entire idea of cost of production or definition of production cost is applied corresponding or we can say that it is related to investment or money cost. Money cost or investment refers to any money expenditure which the firm or supplier or producer undertakes in purchasing or hiring factor of production or factor services.
Inventory Management
Inventory management is the process or system of handling all the goods that an organization owns. In simpler terms, inventory management deals with how a company orders, stores, and uses its goods.
Project Management
Project Management is all about management and optimum utilization of the resources in the best possible manner to develop the software as per the requirement of the client. Here the Project refers to the development of software to meet the end objective of the client by providing the required product or service within a specified Period of time and ensuring high quality. This can be done by managing all the available resources. In short, it can be defined as an application of knowledge, skills, tools, and techniques to meet the objective of the Project. It is the duty of a Project Manager to achieve the objective of the Project as per the specifications given by the client.
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 sizes 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 20, 50, 100, and 10, respectively; all other items have zero beginning inventory. We are
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