Operations Management
11th Edition
ISBN: 9780132921145
Author: Jay Heizer
Publisher: PEARSON
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Chapter 14, Problem 22P
Grace Greenberg, production planner for Science and Technology Labs, in New Jersey, has the master production plan shown below:
Lead time = 1 period; setup costs = $200; holding cost = $10 per week; stockout cost = $10 per week. Develop an ordering plan and costs for Grace, using these techniques:
- a. Lot-for-lot.
- b. EOQ.
- c. POQ.
- d. Which plan has the lowest cost?
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M. de Koster, of Rene Enterprises, has the master production plan shown here: Lead time = I period; setup cost= $200; holding cost = $10 perweek; stockout cost = $10 per week. Your job is to develop an ordering plan and costs for:a) Lot-for-lot. b) EOQ.c) POQ. d) Which plan has the lowest cost?
opm please help ....
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Chapter 14 Solutions
Operations Management
Ch. 14 - What is the difference between a gross...Ch. 14 - Prob. 2DQCh. 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...Ch. 14 - What functions of the firm affect an MRP system?...
Ch. 14 - Prob. 11DQCh. 14 - Identify five specific requirements of an...Ch. 14 - What are the typical benefits of ERP?Ch. 14 - What are the distinctions between MRP, DRP, and...Ch. 14 - As an approach to inventory management, how does...Ch. 14 - What are the disadvantages of ERP?Ch. 14 - Use the Web or other sources to: a. Find stories...Ch. 14 - Prob. 18DQCh. 14 - Use the Web or other sources to identify what an...Ch. 14 - You have developed the following simple product...Ch. 14 - You are expected to have the gift bags in Problem...Ch. 14 - The demand for subassembly S is 100 units in week...Ch. 14 - Using the information in Problem 14.3, construct a...Ch. 14 - Using the information in Problem 14.3, construct a...Ch. 14 - Refer again to Problems 14.3 and 14.4. In addition...Ch. 14 - Refer again to Problems 14.3 and 14.5. In addition...Ch. 14 - As the production planner for Scott Sampson...Ch. 14 - Prob. 9PCh. 14 - a. Given the product structure and master...Ch. 14 - Prob. 11PCh. 14 - Based on the data in Figure 14.13, complete a net...Ch. 14 - Prob. 13PCh. 14 - A part structure, lead time (weeks), and on-hand...Ch. 14 - You are product planner for product A (in Problem...Ch. 14 - Prob. 16PCh. 14 - Data Table for Problems 14.17 through 14.20 14.17...Ch. 14 - Develop an EOQ solution and calculate total...Ch. 14 - Develop a POQ solution and calculate total...Ch. 14 - Using your answers for the lot sizes computed in...Ch. 14 - Prob. 21PCh. 14 - Grace Greenberg, production planner for Science...Ch. 14 - Karl Knapps, Inc., has received the following...Ch. 14 - Coleman Rich, Ltd., has received the following...Ch. 14 - Prob. 25PCh. 14 - Prob. 26PCh. 14 - Using the data for the coffee table in Problem...Ch. 14 - When 18,500 Orlando Magic Fans Come to Dinner...Ch. 14 - When 18,500 Orlando Magic Fans Come to Dinner...Ch. 14 - When 18,500 Orlando Magic Fans Come to Dinner...Ch. 14 - MRP at Wheeled Coach Video Case Wheeled Coach, the...Ch. 14 - MRP at Wheeled Coach Video Case Wheeled Coach, the...Ch. 14 - MRP at Wheeled Coach Video Case Wheeled Coach, the...
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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
- Assume you are the manager of a shop that assembles power tools. You have just received an order for 55 chain saws, which are to be shipped at the start of week 8. Pertinent information on the saws follows: Item Lead Time (weeks) On Hand Saw A B C D E F 2 1 2 2 1 1 2 Gross requirements Scheduled receipts Projected on hand Net requirements Planned order receipt Planned order release Ĉ E(3) & E(2) LT = 1 week Lot size: Lot-for-Lot 15 10 5 65 20 10 30 Skip Extension Tip: Double click to open in new tab Show Transcribed Text Develop the material requirements plan for component E using lot-for-lot ordering for all items. (Leave no cells blank - be certain to enter "0" wherever required.) Components A(2), B(1), C(4) E(3), D(1) D (2), F(3) E(2), D (2) Beg. Inv. 1 2 3 190 5 210 6arrow_forwardHelp me with this practice problem. Please provide pictures of you doing the problem so I can better understand how to complete it. Please show equations and be clear. Thank you so much,arrow_forwardplease solve the question.arrow_forward
- Please help me with this practice problem. Please be specific of where to put the equations and what equations to use. Images would be helpful. Thank youarrow_forwardShown below is a partially completed MPS record for ball bearings. a. Develop the MPS for ball bearings. (Enter your responses as integers. A response of "0" is equivalent to being not applicable.) Item: Ball bearings Order Policy: 500 units Lead Time: 1 week Quantity on Hand: 400 1 2 3 Forecast 550 250 350 Customer 300 350 250 orders (booked) Projected on-hand 350 500 150 inventory MPS quantity 500 500 0 Week [」 ༔ g - 4 5 6 7 8 9 10 350 350 200 300 400 450 150 150 100 150 100 100 350 500 300 500 100 150 500 500 0 500 0 500arrow_forwardCan you assist me with Problem 5arrow_forward
- Please do not give solution in image format thankuarrow_forwardGrace Greenberg, production planner for Science and Technology Labs, in New Jersey, has the master production plan shown here: Lead time= I period; setup costs = $200; holding cost = $10 perweek; stockout cost = $10 per week. Develop an ordering planand costs for Grace, using these techniques:a) Lot-for-lot. b) EOQ.c) POQ. d) Which plan has the lowest cost?arrow_forwardFind MPS start as wellarrow_forward
- Hand written out please step by steparrow_forwardUsing the gross requirements schedule below*, prepare an alternative ordering system that orders every 3 weeks for 3 weeks ahead (a periodic order quantity). What is the cost of this ordering system? Period 1 2 3 4 5 6 7 Gross requirements 25 20 40 0 10 50 30 The cost of this ordering system is $ Prepare a net requirements plan (enter your responses as whole numbers). *Holding cost = $1/unit/week; setup cost = $200; lead time = 1 week; beginning inventory = 25 units. Period Gross requirements On-hand at beginning of period On-hand at end of period Net requirements Order receipt Order release (enter your response as a whole number). 25 1 25 2 20 3 40 4 5 0 10 8 0 6 50 9 10 30 65 7 30 8 9 10 0 30 65arrow_forwardComplete the MPS record below for an end item. (Enter your responses as integers. A response of "0" is equivalent to being not applicable.) Order Policy: 100 units Lead Time: 2 weeks Quantity on Hand: 80 Week 1 2 3 4 5 6 7 8 9 10 Forecast 25 25 35 45 25 20 45 55 Customer orders 25 30 7 11 (booked) Projected on-hand inventory MPS quantityarrow_forward
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