The inventory record (tem master file) shows the following planning factors batches are set at quantities of 20, safety stock is set at 5 handles, the available inventory is 80 and the lead time for orders is 2 weeks. Complete the MRP record by populating the relevant spaces for "Available inventory and "Planned order Note: Please redraw the table in your answer script

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...
icon
Related questions
Question

please answer within 30 minutes.

The inventory record (item master file) shows the following planning factors. batches are set
at quantities of 20, safety stock is set at 5 handles, the available inventory is 80 and the lead
time for orders is 2 weeks.
Complete the MRP record by populating the relevant spaces for "Available inventory" and
"Planned order".
Note: Please redraw the table in your answer script
Gross required
Available inventory
Planned order
0
1
37
2
20
In 13
3
24
4
16
5
20
Transcribed Image Text:The inventory record (item master file) shows the following planning factors. batches are set at quantities of 20, safety stock is set at 5 handles, the available inventory is 80 and the lead time for orders is 2 weeks. Complete the MRP record by populating the relevant spaces for "Available inventory" and "Planned order". Note: Please redraw the table in your answer script Gross required Available inventory Planned order 0 1 37 2 20 In 13 3 24 4 16 5 20
Expert Solution
steps

Step by step

Solved in 3 steps

Blurred answer
Recommended textbooks for you
Practical Management Science
Practical Management Science
Operations Management
ISBN:
9781337406659
Author:
WINSTON, Wayne L.
Publisher:
Cengage,
Operations Management
Operations Management
Operations Management
ISBN:
9781259667473
Author:
William J Stevenson
Publisher:
McGraw-Hill Education
Operations and Supply Chain Management (Mcgraw-hi…
Operations and Supply Chain Management (Mcgraw-hi…
Operations Management
ISBN:
9781259666100
Author:
F. Robert Jacobs, Richard B Chase
Publisher:
McGraw-Hill Education
Business in Action
Business in Action
Operations Management
ISBN:
9780135198100
Author:
BOVEE
Publisher:
PEARSON CO
Purchasing and Supply Chain Management
Purchasing and Supply Chain Management
Operations Management
ISBN:
9781285869681
Author:
Robert M. Monczka, Robert B. Handfield, Larry C. Giunipero, James L. Patterson
Publisher:
Cengage Learning
Production and Operations Analysis, Seventh Editi…
Production and Operations Analysis, Seventh Editi…
Operations Management
ISBN:
9781478623069
Author:
Steven Nahmias, Tava Lennon Olsen
Publisher:
Waveland Press, Inc.