Show the MRP using the

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...
icon
Related questions
Question
Answer all the following questions:
1- A company is manufacturing product X. To produce one unit of product X, the company has to
purchase one unit of component A & two units of component B. Show the MRP using the
following information and calculate the total costs:
Weeks
1
2
3
5
6.
Demand for
20
30
87
99
100
570
product X
Product X
Component
Component
A
B
Production
1 week
Lead Time
1 week
2 weeks
Run Time
50 units
Min
Min
60 units
60 units
Production
Purchase
Quantity
Quantity
Inventory
on Hand
90 units
200 units
Inventory
on Hand
150 units
Safety Stock
Safety
20 units
Stock
Scheduled
Scheduled
20 units in
Receipts
Receipts
week 1
Transcribed Image Text:Answer all the following questions: 1- A company is manufacturing product X. To produce one unit of product X, the company has to purchase one unit of component A & two units of component B. Show the MRP using the following information and calculate the total costs: Weeks 1 2 3 5 6. Demand for 20 30 87 99 100 570 product X Product X Component Component A B Production 1 week Lead Time 1 week 2 weeks Run Time 50 units Min Min 60 units 60 units Production Purchase Quantity Quantity Inventory on Hand 90 units 200 units Inventory on Hand 150 units Safety Stock Safety 20 units Stock Scheduled Scheduled 20 units in Receipts Receipts week 1
Expert Solution
trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 2 steps with 1 images

Blurred answer
Recommended textbooks for you
Practical Management Science
Practical Management Science
Operations Management
ISBN:
9781337406659
Author:
WINSTON, Wayne L.
Publisher:
Cengage,
Operations Management
Operations Management
Operations Management
ISBN:
9781259667473
Author:
William J Stevenson
Publisher:
McGraw-Hill Education
Operations and Supply Chain Management (Mcgraw-hi…
Operations and Supply Chain Management (Mcgraw-hi…
Operations Management
ISBN:
9781259666100
Author:
F. Robert Jacobs, Richard B Chase
Publisher:
McGraw-Hill Education
Business in Action
Business in Action
Operations Management
ISBN:
9780135198100
Author:
BOVEE
Publisher:
PEARSON CO
Purchasing and Supply Chain Management
Purchasing and Supply Chain Management
Operations Management
ISBN:
9781285869681
Author:
Robert M. Monczka, Robert B. Handfield, Larry C. Giunipero, James L. Patterson
Publisher:
Cengage Learning
Production and Operations Analysis, Seventh Editi…
Production and Operations Analysis, Seventh Editi…
Operations Management
ISBN:
9781478623069
Author:
Steven Nahmias, Tava Lennon Olsen
Publisher:
Waveland Press, Inc.