In this educational example, you are provided with an MRP (Material Requirements Planning) schedule for Item J. The task is to fill out the table with correct net requirements, planned-order receipts, and planned-order releases to meet the gross requirements provided. The lead time is one week, and you should leave the cells blank when the value is zero.**Initial Information:**- Item J- On-hand inventory: 35- Lead time (LT): 1 week- Safety stock (SS): 0- Order quantity (Q): Lot-for-lot (L4L)**MRP Table Breakdown:**1. **Input Data (Top Table):** - **Gross Requirements:** - Week 2: 80 - Week 4: 45 - Week 5: 60 - **On-hand:** 352. **Output Data (Bottom Table):** - **Period Columns (1 to 5):** - **Gross Requirements:** Only periods where there are requirements are filled. - **Scheduled Receipts, Net Requirements, Planned Order Receipts, Planned Order Releases:** These fields need to be updated based on calculations.**Explanation for Calculation:**- Begin with on-hand inventory and calculate for each period.- Determine net requirements by considering the on-hand balance, scheduled receipts, and gross requirements.- The planned-order receipt is the amount needed to meet net requirements, considering the lead time.- Planned-order release is scheduled to ensure the receipt aligns with the lead time.**Note:** This example assumes a blank cell indicates a zero value in the context of MRP planning. Calculations should derive when to order and how much based on these stipulations, ensuring inventory levels meet production requirements without excess stock.

Answered: relesses to meet the gross…

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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The planned order receipt for item A is 200 in week 5 and the lead time is 3 weeks. Which week should the planned order release be?
One unit of A is made of three units of B, one unit of C, and two units of D. B is composed of two units of E and one unit of D. C is made of one unit of B and two units of E. E is made of one unit of F. Items B, C, E, and F have one-week lead times; A and D have lead times of two weeks. Assume that lot-for-lot (L4L) lot sizing is used for Items A, B, and F; lots of size 50, 50, and 175 are used for Items C, D, and E, respectively. Items C, E, and F have on-hand (beginning) inventories of 10, 50, and 160, respectively; all other items have zero beginning inventory. We are scheduled to receive 10 units of A in Week 2, 50 units of E in Week 1, and also 40 units of F in Week 1. There are no other scheduled receipts. If 30 units of A are required in Week 8: a. Develop an MRP table in excel.
One unit of A is made of three units of B, one unit of C, and two units of D. B is composed of two units of E and one unit of D. C is made of one unit of B and two units of E. E is made of one unit of F. Items B, C, E, and F have one-week lead times; A and D have lead times of two weeks. Assume that lot-for-lot (L4L) lot sizing is used for Items A, B, and F; lots of size 55, 55, and 200 are used for Items C, D, and E, respectively. Items C, E, and F have on-hand (beginning) inventories of 10, 50, and 160, respectively; all other items have zero beginning inventory. We are scheduled to receive 10 units of A in Week 2, 60 units of E in Week 1, and also 50 units of F in Week 1. There are no other scheduled receipts. If 32 units of A are required in Week 8, use the low-level-coded bill of materials to find the necessary planned order releases for all components
One unit of A is made of three units of B, one unit of C, and two units of D. B is composed of two units of E and one unit of D. C is made of one unit of B and two units of E. E is made of one unit of F. Items B, C, E, and F have one-week lead times; A and D have lead times of two weeks. Assume that lot-for-lot (L4L) lot sizing is used for items A, B, and F; lots of size 50, 50, and 200 are used for Items C, D, and E, respectively. Items C, E, and F have on-hand (beginning) inventories of 10, 50, and 150, respectively; all other items have zero beginning inventory. We are scheduled to receive 10 units of A in week 2, 50 units of E in week 1, and also 50 units of F in week 1. There are no other scheduled receipts. If 30 units ofA are required in week 8, use the low-level-coded bill-of-materials to find the necessaryplanned-order releases for all components.
Given the following MRP matrix: LLC: 0 ITEM: X LOT SIZE: MIN 100 Gross Requirements Gross Scheduled Receipts Projected on Hand Net Requirements Net Planned Order Receipts Planned Order Releases Shown smaller: ITEM: X LOT SIZE: MIN 100 Requirements Scheduled Receipts Projected on Hand Requirements Planned Order Receipts Planned Order Releases Answer: LLC: 0 LT: 2 LT: 2 30 PERIOD 1 2 100 PERIOD 50 1 20 10 100 20 2 30 100 50 100 100 30 3 If the ordering cost is $176 and the carrying cost is $1 per unit per period, what is the total inventory related cost for periods 1 through 7? Give answer to 2 decimal WITHOUT the $ symbol. 50 80 20 20 30 50 50 60 80 80 100 30 10 30 80 30 70 90 10 100 100 7 30 10 4 100 100 50 30 5 60 70 6 80 90 30 10 100 100 7 80 10
In the following MRP planning schedule for Item J, indicate the planned order releases to meet the gross requirements. Lead time is one week and there is no inventory on hand and no safety stock.
The MRP gross requirements for Item A are shown here for the next 10 weeks. Lead time for A is three weeks and setup cost is $10. There is a carrying cost of $0.010 per unit per week. Beginning inventory is 100 units. WEEK 4 10 Gross requirements 40 205 40 20 30 60 80 20 60 100 Use the least total cost and the least unit cost lot-sizing methods to determine the quantity to order with the first order released with each method and which periods' requirements will be covered by that order. Quantity Ordered Periods Covered Least total cost Least unt cost
Assume you are the manager of a shop that assembles power tools. You have just received an order for 55 chain saws, which are to be shipped at the start of week 8. Pertinent information on the saws follows: Item Lead Time (weeks) On Hand Saw A B C D E F 2 1 2 2 1 1 2 Gross requirements Scheduled receipts Projected on hand Net requirements Planned order receipt Planned order release Ĉ E(3) & E(2) LT = 1 week Lot size: Lot-for-Lot 15 10 5 65 20 10 30 Skip Extension Tip: Double click to open in new tab Show Transcribed Text Develop the material requirements plan for component E using lot-for-lot ordering for all items. (Leave no cells blank - be certain to enter "0" wherever required.) Components A(2), B(1), C(4) E(3), D(1) D (2), F(3) E(2), D (2) Beg. Inv. 1 2 3 190 5 210 6
Shown below is a partially completed MPS record for ball bearings. a. Develop the MPS for ball bearings. (Enter your responses as integers. A response of "0" is equivalent to being not applicable.) Item: Ball bearings Quantity on Hand: 400 Forecast Customer orders (booked) Projected on-hand inventory MPS quantity MPS start 1 550 300 350 500 2 250 350 0 0 3 450 250 50 500 4 450 200 100 500 Order Policy: 500 units Lead Time: 1 week Week 5 250 150 350 500 6 400 100 450 500 7 200 50 250 0 8 250 100 To o 9 450 50 50 10 450 150 100 500 500
A company produces skateboards. Each skateboard (A) consists of one unit of board (B), and two units of sub-assembly of roller-set (C). Roller-sets comprise of 2 components: 2 rollers (D) and one axle (E). The MPS is as follows: Week 1 2 3 4 5 6 7 8 9 10 A D 40 50 60 80 What are the planned order releases for item A? A has an on-hand inventory of 10, safety stock of 0. The lead time is 1 week and the ordering policy is Lot-for-Lot (L4L).
State the types of data that would be carried in the bill-of-materials file and the inventory record file.
Can you assist me with Problem 7 errors. Thank you greatly

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