a) (10 pts) BBOT UTE Company produces a product “A”. Below you can find the BOM (with number of units per parent given in the parenthesis next to the subcomponent code), lead times, demand for Product-A, beginning inventory and scheduled receipts for “A” and all sub components. Determine the planned order release for A, B and C. Assume a lot for lot scheduling rule. FİLL IN THE CS Q1.Table1 COMPLETELY for A, B and C.
Critical Path Method
The critical path is the longest succession of tasks that has to be successfully completed to conclude a project entirely. The tasks involved in the sequence are called critical activities, as any task getting delayed will result in the whole project getting delayed. To determine the time duration of a project, the critical path has to be identified. The critical path method or CPM is used by project managers to evaluate the least amount of time required to finish each task with the least amount of delay.
Cost Analysis
The entire idea of cost of production or definition of production cost is applied corresponding or we can say that it is related to investment or money cost. Money cost or investment refers to any money expenditure which the firm or supplier or producer undertakes in purchasing or hiring factor of production or factor services.
Inventory Management
Inventory management is the process or system of handling all the goods that an organization owns. In simpler terms, inventory management deals with how a company orders, stores, and uses its goods.
Project Management
Project Management is all about management and optimum utilization of the resources in the best possible manner to develop the software as per the requirement of the client. Here the Project refers to the development of software to meet the end objective of the client by providing the required product or service within a specified Period of time and ensuring high quality. This can be done by managing all the available resources. In short, it can be defined as an application of knowledge, skills, tools, and techniques to meet the objective of the Project. It is the duty of a Project Manager to achieve the objective of the Project as per the specifications given by the client.
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a) (10 pts) BBOT UTE Company produces a product “A”. Below you can find the BOM (with number of units per parent given in the parenthesis next to the subcomponent code), lead times, demand for Product-A, beginning inventory and scheduled receipts for “A” and all sub components. Determine the planned order release for A, B and C. Assume a lot for lot
FİLL IN THE CS Q1.Table1 COMPLETELY for A, B and C.
b) (10 pts) The time-phased net requirements for a product ‘D’ over the next weeks are:
The setup cost for the product is 500TL, and the holding cost is 0.10TL per unit per week. Determine the lot sizes using the Wagner Whitin approach. Assume holding cost occurs only if the inventory is held for the complete month. Show all computations. WRITE THE RESULTING SCHEDULE AND TOTAL COST IN A TABLE LIKE BELOW.
c) (10 pts) The time-phased net requirements for a product ‘E’ over the next weeks and the shop floor capacity are given below. The setup cost is 250TL and the holding cost is 0.50TL per week. The problem has a feasible solution (no need to check the feasibility condition). Determine the production amounts so that the total cost is minimized. WRITE THE RESULTING SCHEDULE AND TOTAL COST IN A TABLE LIKE BELOW.
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