Question 6: A company wants to develop an MRP for a single product that they have and they want to use part-period method to determine their lot sizes (planned order receipt). Assume the ordering cost is $160 and unit holding cost is $2 per period. In addition, the lead time is 1 period, and at the beginning, there are 20 units of inventory on hand. The gross requirements for this product are as follows: Product Gross Requirements Periods 1 10 2 20 3 60 4 10 5 30 6 10 Develop the MRP plan for this product and report projected on-hand, net requirements, planned order receipts and planned order releases (no safety stock is required).
Question 6: A company wants to develop an MRP for a single product that they have and they want to use part-period method to determine their lot sizes (planned order receipt). Assume the ordering cost is $160 and unit holding cost is $2 per period. In addition, the lead time is 1 period, and at the beginning, there are 20 units of inventory on hand. The gross requirements for this product are as follows: Product Gross Requirements Periods 1 10 2 20 3 60 4 10 5 30 6 10 Develop the MRP plan for this product and report projected on-hand, net requirements, planned order receipts and planned order releases (no safety stock is required).
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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Question
![Question 6:
A company wants to develop an MRP for a single product that they have and they want to use
part-period method to determine their lot sizes (planned order receipt). Assume the ordering cost
is $160 and unit holding cost is $2 per period. In addition, the lead time is 1 period, and at the
beginning, there are 20 units of inventory on hand. The gross requirements for this product are as
follows:
Product
Gross Requirements
Periods
1
10
2
20
3
60
4
10
5
30
6
10
Develop the MRP plan for this product and report projected on-hand, net requirements, planned
order receipts and planned order releases (no safety stock is required).](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fdb327fe8-36c6-4b0f-994f-0d005da48270%2F1a91d80c-9be3-4200-899e-a5cbd8bffc92%2Fsxrtum_processed.jpeg&w=3840&q=75)
Transcribed Image Text:Question 6:
A company wants to develop an MRP for a single product that they have and they want to use
part-period method to determine their lot sizes (planned order receipt). Assume the ordering cost
is $160 and unit holding cost is $2 per period. In addition, the lead time is 1 period, and at the
beginning, there are 20 units of inventory on hand. The gross requirements for this product are as
follows:
Product
Gross Requirements
Periods
1
10
2
20
3
60
4
10
5
30
6
10
Develop the MRP plan for this product and report projected on-hand, net requirements, planned
order receipts and planned order releases (no safety stock is required).
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