A net materials requirement plan based on the actual inventory and new schedule.

Question

Want to see the full answer?

Answer 1

Question

Chapter 14, Problem 17P

Summary Introduction

To develop: A net materials requirement plan based on the actual inventory and new schedule.

Expert Solution & Answer

Want to see the full answer?

Check out a sample textbook solution

See solution

Students have asked these similar questions

Product A Order Qty = 400 Order Lead Time = 2 Forecast Demand Scheduled Receipts Projected Available Inventory 400 Planned Order Receipts Planned Order Releases 1 300 OD 4, 6, 2 300 400 Sketch and fill in the grid on scrap paper to use on upcoming questions In what periods would you incur a planned order release? OA 1.3, and 4 2.4, and 5 OC 3,5, and 6 and 7 3 300 PERIODS 4 300 5 300 6 300 7 100 8 100

6. The demand for a particular part called SKU 005 is 1,500 units a year. The cost of one SKU 005 is $40.00. It costs $50.00 to place an order for SKU 005, and the user of SKU 005 has a per year inventory carrying cost of 25% of unit cost. Assume 250 working days in the year where SKU 005 is used. (Noteshaper: Scenario #26) а. What is the combined annual holding and ordering cost of an order size of 200 units for SKU 005? b. How many of SKU 005 should be ordered, to minimize combined ordering and holding costs? c. The vendor who sells SKU 005 has just offered a 5% discount for orders of 500 or more. Now how many should be ordered? d. Once the purchasing manager for SKU 005 places an order, the vendor requires 7 working days to deliver that order. What should be the purchasing manager's reorder point?

The following table contains figures on the annual usage and unit costs for a random sample of 12 items. Develop and A-B-C classification for these items: Item Name Annual Usage (No of Items) Unit Cost 1 500 TK 4300 2 3000 720 3 1900 500 4 1000 710 5 4500 250 6 2500 192 7 400 200 8 500 190 9 200 210 10 1000 35 11 3000 10 12 19000 3 Brown and Brown Electronics manufacture a line of digital audiotape (DAT) players. While there are differences among the various products, there are a number of common parts within each player. The bill materials showing the number of each item required, lead times and the current inventory on hand for the parts and components, follows: Demand of products A & B and demand of spares components are shown below: Item Demand on 5th week Demand on 7th Week On-Hand Lead Time (Weeks) A 700 ------ 30 1 B 1200 ------ 50…