Demand planning is an activity to determine what quantity of materials and resources have to be procured and when. Select one: a. True b. False
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1 Demand planning is an activity to determine what quantity of materials and resources have to be procured and when.
Select one:
a. True
b. False
Step by step
Solved in 2 steps
- 1. Develop a level production plan for Covolo Diving Gear. What are the advantages and disadvantages of this plan? Could Covolo implement a pure chase plan, given the current capacity? Why? If sales continue to grow, what are the implications for production capacity at Covolo?Pls help with below homework-) What is ATP ? Describe its purpose in the planning process. Where in a planning process would you be MOST likely to determine ATP ? A) Aggregate Plan B Inventory Planning C) MPS D) MRPDohini Manufacturing company had following 12 months of data on purchasing cost and number of purchase orders. Required: 1. Determine the high point and low point. 2. Calculate the variable rate for purchasing cost based on the number of purchase orders. (Round to nearest cent) 3. Calculate the fixed monthly cost of purchasing.(Round to nearest dollar). 4. Write the cost formula for the purchasing activity showing the fixed cost and the variable rate. 5. If Dohini manufacturing company estimates that next month will have 430 purchase orders, what is the total estimated purchasing cost for the that month?(Round to nearest dollar) 6. What if Dohini manufacturing wants to estimate purchasing cost for the coming year and expects 5340 purchase orders? What will estimated total purchasing cost be? What is the total fixed purchasing cost? Why doesn't equal the fixed cost calculated in Requirement 3?(Round to nearest dollar)
- 4. The partially completed MPS for a product is given below. Item: Ball bearings Order Policy: 500 units Lead Time: 1 week Week Quantity on Hand: 5 6 7 400 3 4 8 10 Forecast 550 300 400 450 300 350 200 300 450 400 Customer orders 300 350 250 250 200 150 100 100 100 100 (booked) Projected on-hand inventory MPS quantity 500 MPS start Available-to- promise (ATP) inventory a. Develop the MPS for the product. b. Four customer orders arrived in the following sequence. As they arrive, you must decide whether to accept or reject them. Which orders would you accept for shipment? Why?Q7. The president of Rose Bowl Enterprises, Desmond Howard, projects the firms aggregate DEMAND requirements over the next 8 months as follows: These are the monthly DEMAND, not production. MONTH JAN FEB MAR APR MAY JUN JULY AUG DEMAND 1,400 1,600 1,800 1,800 2,200 2,200 1,800 1,800 PRODUCTION 1,600 from December INVENTORY 200 from Dec plus 200 His operations manager is considering a new plan, which begins in January with 200 units on hand. Stockout cost of lost sales is $100 per unit. Inventory holding cost is $20 per unit per month. Ignore any idle time costs. The plan is called plan A. Plan A: Vary the workforce level to execute a strategy that produces the quantity demanded in the prior month. The December demand was given as 1,600 units per month. Therefore, the production for JAN will be 1,600. However, only 1,400 are needed. Therefore, the extra 200 produced go into inventory and there is a holding cost for inventory. Also, per the above, you already have 200 units in inventory…Demand forecast for product A is twenty units per week. There is a scheduled receipt of 100 units for week 3. There are orders of twenty-four for week 1, eighteen for week 2, and fifteen for week 3. If the company has a stock of fifty-six units of product, what is the projected on-hand inventory on week 27 OA 14 B.32 12 OC. 12 OD. 20 OE. None of the above.
- Shown below is a partially completed MPS record for hand drills. a. Develop the MPS record for the hand drills. (Enter your responses as integers. A response of "0" is equivalent to being not applicable.) Item: Hand drills Quantity on Hand: 30 Forecast Customer orders (booked) Projected on-hand inventory MPS quantity MPS start 1 15 20 N 40 25 3 15 15 Week Available-to- promise (ATP) inventory b. A distributor of the hand drills places an order for 15 units. What is the appropriate shipping date for the entire order? The order should ship on week (Enter your response as an integer.) 4 20 20 Order Policy: 60 units Lead Time: 1 week 5 55 0 6 35 0Break-even analysis identifies output volume (number of units produced) when the total profit equals to A. Positive B. Minimum C. Negative D. 01.Describe the overall frameworks for resource planning in both goods-producing and service-providing organizations. 2.Explain options for aggregate planning 3.Explain the three basic strategies for aggregate planning.
- 1. A company that produces golf carts has just received an order for 200 carts, which must be ready for delivery at the start of week 8. Information concerning the product structure, lead times and quantities on hand is shown in the following table. Parts list for golf cart Lead time Quantity on hand Golf cart Top Base 1 1 1 0 40 20 Top Supports(4) Cover 1 1 200 0 Base Motor Body Seats (2) 2 3 2 300 50 120 Body Frame Controls Wheel assemblies(4) 1 1 1 35 0 240 You are required to: a) Construct a product tree. b) Determine the low level codes for all the components. c) Develop a material requirements plan that will provide 200 golf carts by week 8 assuming lot for lot ordering.1. A company that produces golf carts has just received an order for 200 carts, which must be ready for delivery at the start of week 8. Information concerning the product structure, lead times and quantities on hand is shown in the following table. Parts list for golf cart Lead time Quantity on hand Golf cart Top Base 1 1 1 0 40 20 Top Supports(4) Cover 1 1 200 0 Base Motor Body Seats (2) 2 3 2 300 50 120 Body Frame Controls Wheel assemblies(4) 1 1 1 35 0 240 You are required to: a) Construct a product tree.Step 1. DATA POINTS EXAMPLE FORMULA Step 2. d =Average Demand Per Unit of Time L = Lead time S = Satery Stock C = Container Size N = dL+ S с 29.7 +2.97 6 = Formula N 5.44 = 90 0.33 90x0.33 x0.10 6 (90 x 0.33)+ (90 x 0.33 × 0.10) X 6