The partially completed inventory record for the rotor subassembly in the table below shows gross requirements, scheduled receipts, lead time, and current on hand inventorya. Complete the last three rows of the record for an FOQ of 160 units (Enter your responses as integers. A response of "0" is equivalent to being not applicable)Item: Rotor subassemblyGrossrequirementsScheduled:receiptsProjected on hand iinventoryPlannedreceipts15165160210335445Lot Size: FOQ-160 unitsLead Time: 2 weeksWeek580680N750880399999

MRP stands for Material Requirements Planning. It is a computer-based inventory management system…

Answered: The partially completed inventory…

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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h ow is master production schedule created and how it is used ?
Complete the MPS record below for a single item. (Enter your responses as integers. A response of "0" is equivalent to being not applicable.) Item: A Quantity on Hand: 80 Forecast Customer orders (booked) Projected on-hand inventory MPS quantity 1 70 40 ☐☐ January 2 70 65 80 Order Policy: 100 units Lead Time: 1 week February Week 4 40 0 5 45 35 50 70 45 0 8 50 0
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Please advise with Homework Chapter 20 Problem 6. Thank you. Please provide step by step explantion so I can use it for notes
• What is the Reorder Point (ROP)? • What is the fill rate? What is the average inventory? • What is the average flow time? Given Data: Coefficient of variation (CV) = 0.24 Average weekly demand = 540 units Standard deviation = 130 units Lead time=2 Lot size = 1641 Safety inventory: NORMSINV(0.95) = 1.64 Standard deviation * sqrt(2) * 1.64 130*√√2*1.64 301.51 301 = 301 units
The partially completed inventory record for the rotor subassembly in the table below shows gross requirements, scheduled receipts, lead time, and current on-hand inventory. a. Complete the last three rows of the record for an FOQ of 160 units. (Enter your responses as integers. A response of "0" is equivalent to being not applicable) Item: Rotor subassembly Gross requirements Scheduled receipts Projected on-hand inventory Planned receipts 15 1 65 160 H 2 10 3 50 4 35 Lot Size: FOQ-160 units Lead Time: 2 weeks Week 5 80 6 80 7 80 8 80 000 0000 0000
You have developed the following simple product structure of items needed for your gift bag for a rush party for prospective pledges in your organization. You forecast 200 attendees. Assume that there is no inventory on ha nd of any of the items. Explode the bill of material. (Subscripts indicate the number of units required.)
The president of Hill Enterprises, Terri Hill, projects the firm's aggregate demand requirements over the next 8 months as follows: 2,200 January 1,400 May February 1,600 June 2,200 March April 1,800 1,800 July August 1,800 1,400 Her operations manager is considering a new plan, which begins in January with 200 units of inventory on hand. Stockout cost of lost sales is $100 per unit. Inventory holding cost is $25 per unit per month. Ignore any idle-time costs. The plan is called plan C. Plan C: Keep a stable workforce by maintaining a constant production rate equal to the average gross requirements excluding initial inventory and allow varying inventory levels. Conduct your analysis for January through August.
Vartan Information Technologies has a division called Useless Transistors. It is considering an « overhaul » of Useless Transistors’ operations or moving Useless overseas. Inventory management is receiving considerable attention. Vartan collected data for the years 2014, 2015, and a forecast for 2016. This data is provided below. What would be Useless Transistors’ weeks of supply for 2015? Projected 2014 2015 2016 Sales $127,890,000 $148,900,000 $192,340,000 Beginning Inventory $3,897,234 $5,467,983 $6,183,230 Ending Inventory $5,467,983 $6,183,230 $4,654,129 Cost of Goods Sold $16,876,400 $20,376,548 $22,346,786 Group of answer choices
A factory has just received an order for 95 units of an end item, which are to be shipped at the start of week 8. Relevant information of the end item and the components is as follows. Lead Time On Hand Scheduled Item Order Direct (weeks) Inventory receipts Policy Components End item 15 lot for lot A(3), B(2) A 2 10 33 at week 3 lot for lot C(1), D(4) B. 2 20 15 at week 4 lot for lot D(2) min. of 500 lot for lot 100 20 Develop the material requirements plan (please print out an empty MRP table to work with), and determine how many units of component Care needed in the "planned order release". Input should be an exact number.
The partially completed inventory record for the driveshaft subassembly in the table below shows gross requirements, scheduled receipts, lead time, and current on-hand inventory. a. Complete the last three rows of the record for an FOQ of 60 units. (Enter your responses as integers. A response of "0" is equivalent to being not applicable.) Item: Driveshaft subassembly Gross requirements Scheduled receipts Projected on-hand inventory Planned receipts 15 1 30 70 2 25 3 20 4 25 ☐☐ Lot Size: FOQ-60 units Lead Time: 3 weeks Week 5 35 6 35 7 60 8 60 00
Qty Standard Labor Hour Raw Material В Standard Labor 2 Hours Raw Material INDEPENDENT DEMAND Period 1 2 3 4 5 6 Total Product A 1,000 1,000 1,000 1,000 1,000 1,000 6,000 Product B 500 500 ,500 500 16. Products A and B are produced on two different dedicated production lines. If both lines work on the same shift schedule, the ratio of workers on line A to workers on line B is A. 2:1 В. 2:3 С. 2:5 D. 4:1

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