Operations Management (McGraw-Hill Series in Operations and Decision Sciences)
Operations Management (McGraw-Hill Series in Operations and Decision Sciences)
12th Edition
ISBN: 9780078024108
Author: William J Stevenson
Publisher: McGraw-Hill Education
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Chapter 11, Problem 23P

Prepare a schedule like that shown in Figure 11.12 for the following situation: The forecast is 80 units for each of the first two periods and 60 units for each of the next three periods. The starting inventory is 20 units. The company uses a chase strategy for determining the production lot size, except there is an upper limit on the lot size of 70 units. Also, the desired safety stock is 10 units.

Note: The ATP quantities are based on maximum allowable production.

Note: A negative projected on-hand can occur.

Committed orders are as follows.

Chapter 11, Problem 23P, Prepare a schedule like that shown in Figure 11.12 for the following situation: The forecast is 80

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A company wants to develop a level production plan for a family of products. The opening inventory is 550 units, and a decrease to 200 units is expected by the end of the plan.The demand for each of the periods is given in what follows. All periods have the samenumber of working days. How much should the company produce each period? Whatwill be the ending inventories in each period? Do you see any problems with the plan?
Please solve this with proper  explanation:
Wine Accessories Inc. (WAI) produces two models of corkscrews, the standard model and a deluxe model. WAI follows a level aggregate plan, producing 20,000 corkscrews per month, or 5000 corkscrews per week. Th e MPS is developed in weekly time periods. Th e forecasts for each model and the projected available are shown in the next two tables. Th e replenishment order quantity is 2000 units for the standard model and 1000 units for the deluxe model. Note that you can place multipleorders if a single order is insuffi cient to cover the forecast (you can produce 4000 units of the standard model if necessary, or 2000 or 3000 units of the deluxe model). Remember that total weekly production is limited to 5000 corkscrews. Develop an MPS for each of the products.

Chapter 11 Solutions

Operations Management (McGraw-Hill Series in Operations and Decision Sciences)

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