Practical Operations Management
2nd Edition
ISBN: 9781939297136
Author: Simpson
Publisher: HERCHER PUBLISHING,INCORPORATED
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Chapter 11, Problem 2.2Q
Summary Introduction
Case Summary:
B Company builds finished good A which has two child items, namely B and C. Lead time is 10 weeks for each item. Items of B and C are in inventory. Order for A item has been done by the client which must be shipped in weeks.
Interpretation:
Quantity of A, B and C to be ordered and it’s duration to order.
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Chapter 11 Solutions
Practical Operations Management
Ch. 11 - Prob. 1DQCh. 11 - Prob. 2DQCh. 11 - Prob. 3DQCh. 11 - Prob. 4DQCh. 11 - Prob. 1PCh. 11 - Prob. 2PCh. 11 - Prob. 3PCh. 11 - Prob. 4PCh. 11 - Prob. 5PCh. 11 - Prob. 6P
Ch. 11 - Prob. 7PCh. 11 - Prob. 8PCh. 11 - Prob. 9PCh. 11 - Prob. 10PCh. 11 - Prob. 11PCh. 11 - Prob. 12PCh. 11 - Prob. 13PCh. 11 - Prob. 14PCh. 11 - Prob. 15PCh. 11 - Prob. 16PCh. 11 - Prob. 17PCh. 11 - Prob. 18PCh. 11 - Prob. 19PCh. 11 - Prob. 20PCh. 11 - Prob. 21PCh. 11 - Prob. 22PCh. 11 - Prob. 23PCh. 11 - Prob. 24PCh. 11 - Prob. 25PCh. 11 - Prob. 26PCh. 11 - Prob. 27PCh. 11 - Prob. 28PCh. 11 - Prob. 29PCh. 11 - Prob. 30PCh. 11 - Prob. 31PCh. 11 - Prob. 32PCh. 11 - Prob. 33PCh. 11 - Prob. 34PCh. 11 - Prob. 1.1QCh. 11 - Prob. 1.2QCh. 11 - Prob. 1.3QCh. 11 - Prob. 2.2Q
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Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, operations-management and related others by exploring similar questions and additional content below.Similar questions
- Challenge 5: For a given item, suppose these are our net requirements over the coming 6 weeks: Week 1 2 3 4 5 6 Net Req's 140 35 85 120 60 80 Suppose we enter this schedule horizon with 60 units in inventory. Further suppose that: Setup cost is S200 Holding cost (per unit per week of average inventory) is $2 If we are using Part-Period Balancing to set order quantities, for how many units would our Week 1 arrival/receipt be?arrow_forwardFor the current year, Naranda & Associates has projected sales of 72,000 barrels, a cost per order of $60.00 and holding costs of $24.00 per barrel. What will be the economic order quantity and what will be the average inventory?arrow_forwardDescribe the link between inventory levels and production schedule?arrow_forward
- Please do not give solution in image format thankuarrow_forward2.7 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…arrow_forwarda. If demand for the new videotape recorder is expected to be constant with a rate of 20 units per month, what is the recommended order quantity for the videotape recorder? b. What are the estimated annual inventory holding and ordering costs associated with this product? c. How many orders will be placed per year? d. With 250 working days per year, what is the cycle time for this product?arrow_forward
- Over the past 12 months, Super Toy Mart has experienced a demand variance of I 0,000 units and has produced an order variance of 12,000 units.a) What is the bullwhip measure for Super Toy Mart?b) If Super Toy Mart had made a perfect fo recast of demandover the past 12 months and had decided to order 1/ 12 of thatannual demand each month, what would its bullwhip measurehave been?arrow_forwardProduction Quantity Model A manufacturing company operates 300 days a year with an annual demand for component C of 43,200 units. The fabrication department at the company is able to produce 800 units per day and send them over to assembly while production is in progress. If assembly sends a work order for 11,200 units of component C to fabrication, how long is the order receipt period? Given the order quantity in the previous question, what is the average inventory level for component C?arrow_forwardCalculate the minimum replenishment time for the ModelA fountains given the beginning inventoriesarrow_forward
- Please solve correctly. Don't solve if you don't know -arrow_forwardComplete the master production schedule (enter your responses as whole numbers). On-hand inventory at end of week 1: 190 Week Forecasted demand Booked orders Projected ending inventory Master production schedule Available to promise 2 280 125 680 770 3 400 170 280 4 290 265 640 650 5 250 150 390 6 260 265 965 840 7 250 240 715 8 290 125 1295 870 555 9 310 190 985arrow_forwardHow do I do question 4?arrow_forward
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