Prepare a master schedule based on the following information: Week 1 2 3 4 5 6 7 8 Forecast 1000 1000 1200 1200 1500 1500 1800 1800 Orders 1060 940 650 400 210 90 20 0 1. Currently there are 1450 units in inventory. Policy calls for a fixed order quantity of 2500 units. 2. Can you receive another order for 500 items in week 1? Why? 3. How many orders can be received in each period without altering the plan. 4. If there are 2500 items in stock, what would be the answer of questions 2 and 3?
Prepare a master schedule based on the following information: Week 1 2 3 4 5 6 7 8 Forecast 1000 1000 1200 1200 1500 1500 1800 1800 Orders 1060 940 650 400 210 90 20 0 1. Currently there are 1450 units in inventory. Policy calls for a fixed order quantity of 2500 units. 2. Can you receive another order for 500 items in week 1? Why? 3. How many orders can be received in each period without altering the plan. 4. If there are 2500 items in stock, what would be the answer of questions 2 and 3?
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...
Related questions
Question
Prepare a master
Week |
1 |
2 |
3 |
4 |
5 |
6 |
7 |
8 |
|
1000 |
1000 |
1200 |
1200 |
1500 |
1500 |
1800 |
1800 |
Orders |
1060 |
940 |
650 |
400 |
210 |
90 |
20 |
0 |
1. Currently there are 1450 units in inventory. Policy calls for a fixed order quantity of 2500 units.
2. Can you receive another order for 500 items in week 1? Why?
3. How many orders can be received in each period without altering the plan.
4. If there are 2500 items in stock, what would be the answer of questions 2 and 3?
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