A gross requirements plan for item C. Introduction: Gross requirements plan: The gross requirements plan is the plan where the independent and dependent demands for a product or a component before the on-hand inventory and the scheduled receipts are netted with.

Question

Davison Electronics manufactures three LED television monitors, identified as Model A, Model B, and Model C. Davison Electronics four manufacturing plants. Each model has its lowest possible production cost when produced at Plant 1. However, Plant 1 does not have the capacity to handle the total production of all three models. As a result, at least some of the production must be routed to the other manufacturing plants. The following table shows the minimum production requirements for next month, the plant capacities in units per month, and the production cost per unit at each plant: Model Production Cost per Unit Minimum Production Requirements Plant 1 Plant 2 Plant 3 Plant 4 A $25 $28 $37 $34 48,000 B $26 $35 $36 $41 75,000 C $20 $31 $26 $23 60,000 Production Capacity 65,000 50,000 32,000 43,000 Davison’s objective is to determine the cost-minimizing production plan

Answer 1

Question

Chapter 14, Problem 11P

a)

Summary Introduction

To develop: A gross requirements plan for item C.

Introduction:

Gross requirements plan:

The gross requirements plan is the plan where the independent and dependent demands for a product or a component before the on-hand inventory and the scheduled receipts are netted with.

b)

Summary Introduction

To develop: A net requirements plan for item C.

Introduction:

Net requirements plan:

The net requirements plan is the plan which is established on the gross requirements plan formed by deducting the stock on and the scheduled receipts. If the total requirement is below the safety stock levels, a planned order is made based on the given lot sizing technique.

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Davison Electronics manufactures three LED television monitors, identified as Model A, Model B, and Model C. Davison Electronics four manufacturing plants. Each model has its lowest possible production cost when produced at Plant 1. However, Plant 1 does not have the capacity to handle the total production of all three models. As a result, at least some of the production must be routed to the other manufacturing plants. The following table shows the minimum production requirements for next month, the plant capacities in units per month, and the production cost per unit at each plant: Model Production Cost per Unit Minimum Production Requirements Plant 1 Plant 2 Plant 3 Plant 4 A $25 $28 $37 $34 48,000 B $26 $35 $36 $41 75,000 C $20 $31 $26 $23 60,000 Production Capacity 65,000 50,000 32,000 43,000 Davison’s objective is to determine the cost-minimizing production plan

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Answer 2

Question

Chapter 14, Problem 11P

a)

Summary Introduction

To develop: A gross requirements plan for item C.

Introduction:

Gross requirements plan:

The gross requirements plan is the plan where the independent and dependent demands for a product or a component before the on-hand inventory and the scheduled receipts are netted with.

b)

Summary Introduction

To develop: A net requirements plan for item C.

Introduction:

Net requirements plan:

The net requirements plan is the plan which is established on the gross requirements plan formed by deducting the stock on and the scheduled receipts. If the total requirement is below the safety stock levels, a planned order is made based on the given lot sizing technique.

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Answer 3

Question

Chapter 14, Problem 11P

a)

Summary Introduction

To develop: A gross requirements plan for item C.

Introduction:

Gross requirements plan:

The gross requirements plan is the plan where the independent and dependent demands for a product or a component before the on-hand inventory and the scheduled receipts are netted with.

b)

Summary Introduction

To develop: A net requirements plan for item C.

Introduction:

Net requirements plan:

The net requirements plan is the plan which is established on the gross requirements plan formed by deducting the stock on and the scheduled receipts. If the total requirement is below the safety stock levels, a planned order is made based on the given lot sizing technique.

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Answer 4

Question

Chapter 14, Problem 11P

a)

Summary Introduction

To develop: A gross requirements plan for item C.

Introduction:

Gross requirements plan:

The gross requirements plan is the plan where the independent and dependent demands for a product or a component before the on-hand inventory and the scheduled receipts are netted with.

b)

Summary Introduction

To develop: A net requirements plan for item C.

Introduction:

Net requirements plan:

The net requirements plan is the plan which is established on the gross requirements plan formed by deducting the stock on and the scheduled receipts. If the total requirement is below the safety stock levels, a planned order is made based on the given lot sizing technique.

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Answer 5

Chapter 14, Problem 11P

a)

Summary Introduction

To develop: A gross requirements plan for item C.

Introduction:

Gross requirements plan:

The gross requirements plan is the plan where the independent and dependent demands for a product or a component before the on-hand inventory and the scheduled receipts are netted with.

b)

Summary Introduction

To develop: A net requirements plan for item C.

Introduction:

Net requirements plan:

The net requirements plan is the plan which is established on the gross requirements plan formed by deducting the stock on and the scheduled receipts. If the total requirement is below the safety stock levels, a planned order is made based on the given lot sizing technique.

Answer 6

Chapter 14, Problem 11P

a)

Summary Introduction

To develop: A gross requirements plan for item C.

Introduction:

Gross requirements plan:

The gross requirements plan is the plan where the independent and dependent demands for a product or a component before the on-hand inventory and the scheduled receipts are netted with.

Answer 7

Chapter 14, Problem 11P

a)

Summary Introduction

To develop: A gross requirements plan for item C.

Introduction:

Gross requirements plan:

The gross requirements plan is the plan where the independent and dependent demands for a product or a component before the on-hand inventory and the scheduled receipts are netted with.

Answer 8

b)

Summary Introduction

To develop: A net requirements plan for item C.

Introduction:

Net requirements plan:

The net requirements plan is the plan which is established on the gross requirements plan formed by deducting the stock on and the scheduled receipts. If the total requirement is below the safety stock levels, a planned order is made based on the given lot sizing technique.

Answer 9

b)

Summary Introduction

To develop: A net requirements plan for item C.

Introduction:

Net requirements plan:

The net requirements plan is the plan which is established on the gross requirements plan formed by deducting the stock on and the scheduled receipts. If the total requirement is below the safety stock levels, a planned order is made based on the given lot sizing technique.

Answer 10

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Ch. 14 - Prob. 1ED Ch. 14 - What is the difference between a gross...Ch. 14 - Prob. 2DQ Ch. 14 - What are the similarities between MRP and DRP?Ch. 14 - How does MRP II differ from MRP?Ch. 14 - Which is the best lot-sizing policy for...Ch. 14 - What impact does ignoring carrying cost in the...Ch. 14 - MRP is more than an inventory system; what...Ch. 14 - What are the options for the production planner...Ch. 14 - Master schedules are expressed in three different...

A gross requirements plan for item C. Introduction: Gross requirements plan: The gross requirements plan is the plan where the independent and dependent demands for a product or a component before the on-hand inventory and the scheduled receipts are netted with.

Solution Summary: The author explains how to develop a gross requirements plan for item C.

To develop: A gross requirements plan for item C.

Introduction:

Gross requirements plan:

The gross requirements plan is the plan where the independent and dependent demands for a product or a component before the on-hand inventory and the scheduled receipts are netted with.

Chapter 14 Solutions

A gross requirements plan for item C. Introduction: Gross requirements plan: The gross requirements plan is the plan where the independent and dependent demands for a product or a component before the on-hand inventory and the scheduled receipts are netted with.

Solution Summary: The author explains how to develop a gross requirements plan for item C.

To develop: A gross requirements plan for item C. Introduction: Gross requirements plan: The gross requirements plan is the plan where the independent and dependent demands for a product or a component before the on-hand inventory and the scheduled receipts are netted with.

Chapter 14 Solutions

To develop: A gross requirements plan for item C.

Introduction:

Gross requirements plan:

The gross requirements plan is the plan where the independent and dependent demands for a product or a component before the on-hand inventory and the scheduled receipts are netted with.