Suppose we are formulating a MasterProduction Schedule (MPS) for an item. Thelot-size policy for this item calls for a fixedquantity of 300 units. Lead time for this itemis three weeks. Week O inventory for thisitem is 400 units. There are no safety stockrequirements.Here are the demand forecast and thebooked orders for this item....Week12 3 45 6Forecast 120 120 100 100 100 120Booked 115 121 71 0 0 0When the master schedule is complete. whatwill be the Projected On-Hand in Week 4?

The Master Production Schedule (MPS) is a tool that is used for planning and it is used by…

Answered: Suppose we are formulating a Master…

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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Similar questions

The table given below shows a partially completed MPS record for product A. What is the remaining ATP inventory (discrete) for week 7 after the company receives a 20 units of customer order for week 6? Order policy: 60 units Lead time: 1 week Item: A Quantity on hand: 30 Week 3 30 7. 34 11 4. Forecast requirements Customer orders (booked) Projected on-hand inventory MPS quantity MPS start ATP inventory 22 24 18 27 36 28 26 12 24 O a 59 Ob. 29 OcO Od. 49 Oe. 39
Primo Pots and Pans Company enters month 1 with 100 units in inventory and demand forecasts of 600 for month 1, 800 for month 2, and 1,200 for month 3. It elects to adopt a chase demand production strategy for this three-month period. How many units will it produce in month 2? a. 800 b. 733 c. 600 d. 700
the inventory is 20 and the mps is 200. complete the master schedule
2.7 Which of the following help explain how the Reorder Point (ROP) works in conjunction with the Economic Order Quantity (Q), the number of orders (N) and the time between orders (T)? a) The Economic Order Quantity (Q) and the Annual Demand (D) are used to determine the number of Order (N) b) The number of orders (N) and the number of days that a firm works (W) are used to determine the time span between orders (T) c) Orders are placed every T days unless the inventory on hand fall to or below the Reorder Point d) Only a and b e) f) Only b and c All of a, b and c 2.8 The objective of Inventory Management is to balance inventory investment (cost) and customer service. a) TRUE b) False 2.9 The Economic Order Quantity (EOQ), the number of orders, the Reorder Point (ROP), the time between orders are important analytics in Inventory Management. a) TRUE b) FALSE 2.10 The number of working days for a firm is an important input in calculating the components of the Economic Order Quantity…
Suppose we are formulating a Master Production Schedule (MPS) for an item. Week O projected on- hand is 83 units. The lot-size policy for this item calls for L4L ordering. Lead time for this item is one week. There are no safety stock requirements. Here are the demand forecast and the booked orders for this item . Week 2 3 4 5 6 Forecast 60 45 45 45 45 60 Booked 59 48 30 10 What will be the order size of the first MPS Start Quantity that is needed?
Complete the master productin schedule based on thefollowing information:Week 1 2 3 4 5 6 7 8 9Forecast 320 100 30 110 40 240 290 60 410Customer Orders 60 50 80 20 60 60 0 0 0Projected On-Hand Inventory 600MPS ReleasedMPS DueAvailable-to-promise (ATP) Scheduled production whenever projected on-had inventory drops below 30MPS lot size: 300Production lead time or lead time for MPS releases 1
please answer within 30 minutes.
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
Note:- Do not provide handwritten solution. Maintain accuracy and quality in your answer. Take care of plagiarism. Answer completely.
What is the projected on-hand inventory amount in Week 2?
20.- Indicate how much ATP (available to promise) exists during 5 periods whose orders are 80, 10, 10, 0 and 30 and whose MPS (Master Production Schedule) is 0, 100, 0 and 100 respectively, in addition to counting an initial inventory of 100 units a)20, 110, 100, 200, 170 b)-80, -10, -10, 90, 60 c)20, 80, 0, 70, 0 d) 20, 110, 100, 220, 190 A work center has a machine that operates 8 hours a day for 5 days a week. Historically utilization has been 85% and efficiency 110%. What is the capacity cup?
The table below contains monthly (six months) demand estimates and working days per month. Month Demand Production Days JAN 1,500 20 FEB 1,200 24 MAR 1,000 25 APR 1,600 25 MAY 1,100 20 JUN 1,300 26 For the implementation of “Level” strategy, the average demand (in units/day) over the six- month planning horizon is equal to; a. 40 b. 50 c. 55 d. 75

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