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Prepare a master schedule based on the following information: Week 1 3 6 78 4 Forecast 500 500 600 600 750 750900 800 Orders 540|470 325200105 45 10 0 1. Currently there are 700 units in inventory. Policy calls for a fixed order quantity of 1250 units. 2. Can you receive another order for 250 items in week 1? Why? 3. How many orders can be received in each period without altering the plan. 4. If there are 1250 items in stock, what would be the answer of questions 2 and 3?

Prepare a master schedule based on the following information: Week 1 3 6 78 4 Forecast 500 500 600 600 750 750900 800 Orders 540|470 325200105 45 10 0 1. Currently there are 700 units in inventory. Policy calls for a fixed order quantity of 1250 units. 2. Can you receive another order for 250 items in week 1? Why? 3. How many orders can be received in each period without altering the plan. 4. If there are 1250 items in stock, what would be the answer of questions 2 and 3?

Practical Management Science
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 based on the following information: Week 1 2 3 4 8. Forecast500 500 600 600 750750900800 Orders 540470325 200105 45 10 1. Currently there are 700 units in inventory. Policy calls for a fixed order quantity of 1250 units. 2. Can you receive another order for 250 items in week 1? Why? 3. How many orders can be received in each period without altering the plan. 4. If there are 1250 items in stock, what would be the answer of questions 2 and 3?
Transcribed Image Text:Prepare a master schedule based on the following information: Week 1 2 3 4 8. Forecast500 500 600 600 750750900800 Orders 540470325 200105 45 10 1. Currently there are 700 units in inventory. Policy calls for a fixed order quantity of 1250 units. 2. Can you receive another order for 250 items in week 1? Why? 3. How many orders can be received in each period without altering the plan. 4. If there are 1250 items in stock, what would be the answer of questions 2 and 3?
A company produces three products A,B, and C. The products are processed through three machines as follows Standard | Standard Standard Annual Product Time on Time on Time on demand m /c 1 m/c 2 m/c 3 A 600 350 18 1000 12 10 1f there are 250 Working days per year and the company plans to work one seven hours shift per day, then compute the number of machines required. 2.
Transcribed Image Text:A company produces three products A,B, and C. The products are processed through three machines as follows Standard | Standard Standard Annual Product Time on Time on Time on demand m /c 1 m/c 2 m/c 3 A 600 350 18 1000 12 10 1f there are 250 Working days per year and the company plans to work one seven hours shift per day, then compute the number of machines required. 2.
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