a) How many units should be the safety stock? b) What's the product's inventory status? c) How many units should be ordered for this period?
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- Product X is made of 2 units of Y and 3 of Z. Y is made of 1 unit of A and 2 units of B. Z is made of 2 units of A and 4 units of C. Lead Time of X is 1 week: Y - 2 weeks; Z – 3 weeks; A – 2 weeks; B – 1 week; and C – 3 weeks. Scheduled receipt on week 5 are: A = 250 and Z = 135. If 150 units of X are needed in week 10 & 100 units in week 12, develop a planning schedule showing when each item should be ordered and in what quantity. Use lot for lot except for Y & C which requires minimum of 400 units. Determine the timing of planned release of component Z for the order of 150 units.Product X is made of 2 units of Y and 3 of Z. Y is made of 1 unit of A and 2 units of B. Z is made of 2 units of A and 4 units of C. Lead Time of X is 1 week: Y - 2 weeks; Z – 3 weeks; A – 2 weeks; B – 1 week; and C – 3 weeks. Scheduled receipt on week 5 are: A = 250 and Z = 135. If 150 units of X are needed in week 10 & 100 units in week 12, develop a planning schedule showing when each item should be ordered and in what quantity. Use lot for lot except for Y & C which requires minimum of 400 units. Determine the total gross requirement of “A”SOLVED FIXED TIME PERIOD MODEL PROBLEMS Activities/Assessments:Activity 13• The weekly demand for a product is 770 units. The standard deviation of daily demand is 10 units. The firm reviews its inventory every 28 days. Each order for the product arrives 9 days after placement. At the time of review, there are 10 units backorder. If 95 percent of all demand is to be satisfied from items in stock:a) How many units should be the safety stock?b) What’s the product’s inventory status?c) How many units should be ordered for this period?
- 1. The Wicked Witch Whisk Company manufactures a line of broomsticks. The mostpopular is the 36-inch model, and the sales department has prepared a forecast for 6weeks. The opening inventory is 30. As master scheduler, you must prepare an MPS.The brooms are manufactured in lots of 100.11 A ______ is a customer order that a company accepts in one period but promises to deliver at a later point in time. a delivery order b return order c backorder d buyback order 12 Companies that use ______ strategy employ the options of hiring and laying-off workers, overtime work, subcontracting, and so on to meet demand. a dual strategy b product strategy c chase strategy d mixed strategy 13 The output of the master schedule is a(n) ______. a materials requirement plan b operations plan c master production schedule d production plana) Given the product structure and master production scheduleshown in Figure 14.12, develop a gross requirements plan forall items.b) G iven the product structure, master production schedule, andinven tory status shown in Figure 14.12, develop a net requirementsplan (planned order release) for all items.
- What will be projected on hand inventory of item S in week6?Assume that you are the manager of a shop that assembles power tools. You have just received an order for 52 chain saws, which are to be shipped at the start of week 8. Pertinent information on the saws is Item Lead Time (weeks) On Hand Components Saw 2 15 A(2), B(1), C(4) A 1 10 E(3), D(1) B 2 5 D(2), F(3) C 2 65 E(2), D(2) D 1 20 E 1 10 F 2 30 Develop the material requirements plan for component E using lot-for-lot ordering.Assume that you are the manager of a shop that assembles power tools. You have just received an order for 52 chain saws, which are to be shipped at the start of week 8. Pertinent information on the saws is Item Lead Time (weeks) On Hand Components Saw 2 15 A(2), B(1), C(4) A 1 10 E(3), D(1) B 2 5 D(2), F(3) C 2 65 E(2), D(2) D 1 20 E 1 10 F 2 30 Develop the material requirements plan for component E using lot-for-lot ordering. (Leave no cells blank - be certain to enter "0" wherever required.) Item: E(3) & E(2) LT = 1 wk. Beg. Inv. 1 2 3 4 5 6 7 8 Gross requirements Scheduled receipts Projected on hand Net requirements Planned order receipt Planned order release
- What precisely is the key distinction between planning for the long term and planning for the short term when it comes to process scheduling?24___________ is an activity that determines what quantity of materials have to be procured and when: Select one: a. Aggregate planning b. Replenishment planning c. Purchase planning d. Demand planningDescribe the following types of bills of material:a. Product tree.b. Multilevel bill.c. Single-level bill.d. Indented bill.e. Summarized parts list.f. Planning bill