Production and Operations Analysis, Seventh Edition
Production and Operations Analysis, Seventh Edition
7th Edition
ISBN: 9781478623069
Author: Steven Nahmias, Tava Lennon Olsen
Publisher: Waveland Press, Inc.
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Chapter 4.5, Problem 11P
Summary Introduction

To determine:

Graphical representation of optimal quantity, average order and lead time

Introduction:

Economic order quantity in the optimal inventory kept by any firm which is ideal and do not incur any additional holding cost and order cost.

Lead time is the time between when order is placed and its production is completed.

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I need to forecast using a 3-Period-Moving-Average-Monthly forecasting model which I did but then I need to   use my forecast numbers to generate a Master Production Schedule (MPS)  I have to Start with actual sales (my own test data numbers) for August-2022 Oct-2022 i need to create MPS to supply demand starting November-2022  April 2023  I just added numbers without applying formulas to the mps on the right side of the spreadsheet because I do not know how to do it. The second image is the example of what it should look like. Thank You.
Solve the following Question 1. How do volume and variety affect the process selection and layout types? Discuss 2. How is the human resource aspect important to operation function? Discuss 3. Discuss the supply network design and its impact on the overall performance of the organization.
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