ormation about the requirements for production of legs for a chair. Develop the MRP schedule for the next 6 weeks. Gross requirement (period): 150 (2); 200 (5) Current inventory: 30 Scheduled receipts (period): 20 (2) Scheduled issues (period): 20 (4) Lead time: 1 Safety stock: 12 Lot size: 23 What are the net requirements along these six weeks? In other words, when do you have net requirements and how many units you need each time you have a net requirement?

ormation about the requirements for production of legs for a chair. Develop the MRP schedule for the next 6 weeks. Gross requirement (period): 150 (2); 200 (5) Current inventory: 30 Scheduled receipts (period): 20 (2) Scheduled issues (period): 20 (4) Lead time: 1 Safety stock: 12 Lot size: 23 What are the net requirements along these six weeks? In other words, when do you have net requirements and how many units you need each time you have a net requirement?

Practical Management Science

6th Edition

ISBN:9781337406659

Author:WINSTON, Wayne L.

Publisher:WINSTON, Wayne L.

Chapter2: Introduction To Spreadsheet Modeling

Section: Chapter Questions

Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...

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Similar questions

The table given below shows a partially completed MPS record for product A. What is the remaining ATP inventory (discrete) for week 7 after the company receives a 20 units of customer order for week 6? Order policy: 60 units Lead time: 1 week Item: A Quantity on hand: 30 Week 3 30 7. 34 11 4. Forecast requirements Customer orders (booked) Projected on-hand inventory MPS quantity MPS start ATP inventory 22 24 18 27 36 28 26 12 24 O a 59 Ob. 29 OcO Od. 49 Oe. 39
(4-c) Fill the following MRP record and determine the planned order releases for item X225 for each week. ITEM: X225 Lot Size: Multiple of 50 Description: Lead Time: 2 weeks Week 1 2 3 4 5 6 7 8 Gross requirements 60 90 40 55 65 90 70 80 Scheduled receipts 100 50 Projected on Hand 15 Net requirements Planned order receipts Planned order releases
Given the following MRP matrix: LLC: 0 ITEM: X LOT SIZE: MIN 100 Gross Requirements Gross Scheduled Receipts Projected on Hand Net Requirements Net Planned Order Receipts Planned Order Releases Shown smaller: ITEM: X LOT SIZE: MIN 100 Requirements Scheduled Receipts Projected on Hand Requirements Planned Order Receipts Planned Order Releases Answer: LLC: 0 LT: 2 LT: 2 30 PERIOD 1 2 100 PERIOD 50 1 20 10 100 20 2 30 100 50 100 100 30 3 If the ordering cost is $176 and the carrying cost is $1 per unit per period, what is the total inventory related cost for periods 1 through 7? Give answer to 2 decimal WITHOUT the $ symbol. 50 80 20 20 30 50 50 60 80 80 100 30 10 30 80 30 70 90 10 100 100 7 30 10 4 100 100 50 30 5 60 70 6 80 90 30 10 100 100 7 80 10
15-12. Complete the following MRP matrix for item A: Item: A LLC: 1 Period Lot Size: Mult 50 LT: 2 1 2 3 4 5 67 8 10 15 25 75 60 85 45 60 Gross Requirements Scheduled Receipts Projected on Hand Net Requirements Planned Order Receipts 50 Planned Order Releases
2. What is Material Requirement Planning (MRP)? Briefly explain THREE (3) advantages from its use.
Lead time for a certain part is 2 weeks, and the order quantity is 50. By completing this MRP record below, answer the following question: What are the Net requirements of the part in Week 3? What action should be taken? O Week Gross Requirements Projected Available Net Requirements Planned Order Receipt Planned Order Release 50 30 O 25 O None of the above 40 1 20 2 15 3 25 4 25
The bill of materials and the data from the inventory records for product A are shown in the figure to the right. Assume that the MPS start quantities for A are 70 units in weeks 1, 2, and 7. Derive an MRP plan for the components going into product A using the data in the table below. Data Category Lot-sizing rule Lead time Scheduled receipts Beginning inventory Item: C L4L 1 week None 155 Item: D с Gross requirements Scheduled receipts Projected on-hand inventory 155 Planned receipts Planned order releases Item: E Complete the material requirements plan. (Enter your responses as integers. A response of "0" is equivalent to being not applicable.) Gross requirements Scheduled receipts Projected on-hand inventory Planned receipts Planned order releases L4L 2 weeks 70 (week 2) 230 Item D 230 Gross requirements Scheduled receipts Projected on-hand inventory 160 Planned receipts Planned order releases 1 П 1 E FOQ = 200 2 weeks 1 None 160 2 0 N200 70 2 ☐☐☐ 3 ☐☐☐ 1 3 3 4 0 4 ☐☐☐ 4 Lot Size:…
A factory has just received an order for 100 units of an end item, which are to be shipped at the start of week 8. Relevant information of the end item and the components is as follows. Item Lead Time (weeks) On Hand Inventory Scheduled receipts Order Policy Direct Components End item 2 30 lot for lot A(4), B(3), C(2) A 3 20 54 at week 3 lot for lot D(2) B 2 10 68 at week 4 lot for lot D(5) C 1 100 multiple of 60 D 1 20 min. of 500 Develop the material requirements plan (please print out an empty MRP table to work with), and determine what the "projected available balance" is for component D at week 8. Note:- Do not provide handwritten solution. Maintain accuracy and quality in your answer. Take care of plagiarism. Answer completely. You will get up vote for sure.
Contrast and compare MRP vs. order-point systems.
In the following MRP planning schedule for Item J, indicate the planned order releases to meet the gross requirements. Lead time is one week and there is no inventory on hand and safety stock. WEEK NUMBER ITEM J Gross 0 1 2 3 4 5 68 45 65 requirements Scheduled Receipts Net requirements Planned order receipt Planned order release 31 ○ 40 in week 1, 50 in week 2, and 45 in week 3 O 40 in week 1, 50 in week 2, and 45 in week 3 ○ 40 in week 2, 50 in week 3, and 68 in week 4 O 37 in week 1, 45 in week 3, and 65 in week 4
Hip Replacements, Inc., has a master production schedule forits newest model, as shown below, a setup cost of $50, a holdingcost per week of $2, beginning inventory of 0, and lead time of1 week. What are the costs of using lot-for-lot for this l0-weekperiod? WEEK 1 2 3 4 5 6 7 8 9 10Gross requirements 0 0 50 0 0 35 15 0 100 0Scheduled receiptsProjected on hand 0 0 0 0 0 0 0 0 0 00Net requirements 0 0 50 0 0 35 15 0 100Planned order receipts 50 35 15 100Planned order releases 50 35 15 100
Completely fill in the MRP matrices for items J, K, and L. Do not complete the matrix for M and be careful to watch lot size restrictions. Item J LLC 0 Lot Size L4L LT 3 1 2 3 4 5 6 7 8 9 Gross Requirements Scheduled Receipts Projected on Hand 100 Net Requirements Planned Order Receipts Planned Order Releases Item K LLC _ Lot Size Mult 200 LT 2 1 2 3 4 5 6 7 8 9 Gross Requirements Scheduled Receipts Projected on Hand 110 Net Requirements Planned…