The master schedules for product P and Q along with the Bills of Material and part information are shown below: Given this information, answer the next 3 questions: MPS Period 1 2 3 4 5 6
The master schedules for product P and Q along with the Bills of Material and part information are shown below: Given this information, answer the next 3 questions: MPS Period 1 2 3 4 5 6
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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Transcribed Image Text:The master schedules for product P and Q along with the Bills of Material and part information are shown
below: Given this information, answer the next 3 questions:
MPS
Period
Product P
Product Q
Part
A
B
C
D
1
0
0
a.
b.
2
50
10
Lead Lot On
time Sizing Hand
1 L4L
50
2
L4L
1
L4L
2
L4L 650
Part Information
3
75
100
50
400
C. 800
d. 200
4
100
200
Scheduled
Receipts
50 in pd 2
10 in Pd 2
0
0
5
125
50
11. The second planned order release for Part A is:
100 in Pd. 1
150 in Pd. 3
c.
10 in Pd. 2
d. 200 in Pd. 3
12. The gross requirements for Part C in Pd. 3 are:
a. 500
b. 300
c. 900
d. 450
C (2)
13. The planned order release for Part D in Pd. 1 is:
a. 0
b. 600
6
75
25
A (2)
P
D (1)
B (1)
D (1)
C (1)
B (1)
Q
D (2)
D (2)

Transcribed Image Text:Acme Inc. sells a widget with demand of 50 a day. Acme reviews its orders every 15 days and maintains a
safety stock level of 200. The lead-time A is 3 days and today there are 227 units in stock. Please answer the
next 2 questions:
14. The target inventory level for item A is:
a. 1500
b. 1150
c. 1250
d. 1700
15. If an order for A is placed today, the order quantity should be:
a. 923
b. 789
c. 1240
d. 800
16. At a Super America convenience store, customers enter the facility at the average rate of 15 customers
per hour. There is a single attendant who takes an average of 4 minutes to process a customer. If we
assume that every customer must be processed, the average number of customers in the store is:
1.0
1.5
c.
5
d. .833
a.
b.
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