Assignment 2 (Due December 13)
Please read the following instructions carefully.
• Please submit your answer report at the beginning of class on December 13. • Late analyses will not be accepted. • You may discuss the assignment with your classmates. • You should individually prepare and submit your report. • The answers should show all steps but be concise and to the point. • Your answer report should be prepared in WORD and printed in A4 or letter size sheets.
Solve the following problems.
(Numbered problems are from the textbook 8th edition.)
1. Mr. Smith would like to set up a package delivery service for 7 cities (Atlanta, Chicago, Dallas, D.C., Los Angeles, New York, and San Francisco). If a
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To maintain an 84.134% service level, what are the required total inventories for (1) the four retail store system, and (2) the online store system?
11. Problem 13.12
12. Problem 13.22
13. Young & Company uses a Material Requirement Planning (MRP) system for its product X. 110 units of X are required in week 10 (90 firm orders and 20 forecast). The bill of material for X and the inventory record file are as follows:
BOM for Product X
[pic]
Inventory Record File for Product X
|Item |On-Hand |Lead Time (Weeks) |
|X |75 |2 |
|A |50 |4 |
|B |25 |1 |
|C |20 |2 |
|D |40 |3 |
|E |0 |0 |
What are the planned order releases for item C from week 1 to week 10 using the Lot-for-Lot method? (You may use the MRP Work Sheet for Product X to answer the question.)
MRP Work Sheet for Product X
| |Week: |1 |2 |3 |4 |5 |
14. (1) What is the setup schedule and amounts for Jack & Company from week 1 to week 6 using Lot-for-Lot (L4L) method? (2) What is the total cost?
15. (1) What is the setup schedule and
For this report I have been asked to cover a rage of topics such as
Group Project. The written group project report will be due on Canvas by 11pm on Monday, April
Describe key aspects of this information using complete sentences. In addition, explain how this information is relevant to the report you plan to write.
A short time ago, Space Age began utilizing the material requirements planning (MRP) inventory system that helps towards reducing the inventory and additionally improves towards on-time deliveries. The estimated cost per week is $1.25 to each store related to Gemini and for Saturn the estimated cost per week is $1.50. Saturn does not participate towards shipping immediately. Thus, the master schedule for producing Gemini and Saturn for the next six weeks are
Your report should be approximately 1000 words and that includes graphics as tables and charts to illustrate the information collected and analyses. Your report must be written in clear and concise English so as to be readable by diverse groups.
After I had made my choices in quarter for I checked the pro forma and made adjustments to factory capacity and demand to insure we could hit profitability. I did cut too close on the inventory because we had loss sales due to stock outs. The lost sales did not come close to what our losses where due to excess capacity and inventory holding costs in Quarter 2 and Quarter 3. Pro forma are a crucial peace of the Simulation. Once I fully grasped the concept I was able to make better decisions for Lean in enterprises.
Having given a brief summary of what this report is going to contain, I will now discuss
Please type you answers into this sheet. You must submit the worksheet by uploading the worksheet as a Word document
personal web pages as sources for the report, this includes Wikipedia. You may use a textbook,
Please save this document before you begin working on the assignment. Type your answers directly in the document. _________________________________________________________________________
Our objective is to analyze the distribution network in order to minimize annual system wide costs that subject to a 95% customer service level for ALKO. Integrated Minds considered a scenario approach and looked at net present values to factor inventory costs and quality over the planning horizon.
[Deliverable: A 1-2 page written report along with a hand or computer-drawn sketch (free sketching software is available at http://www.sketchup.com/intl/en/index.html) due at the end of class on September 8, 2012]
Correct the EOQ and ROP quantities for each of the five items mentioned in the case.
3. MRP us used to purchase new stock, deliver finished products, and plan the daily manufacturing processes.