2 Shown below is a partially completed MPS record for ball bearings.a. Develop the MPS for ball bearings. (Enter your responses as integers. A response of "0" is equivalent to being not applicable.)Item: Ball bearingsOrder Policy: 500 unitsLead Time: 1 weekQuantityon Hand: 400Week12346789.10Forecast550350350400300350250350400450Customerorders3003502503002501005015015050(booked)Projectedon-hand350150250450100350100150inventoryMPS quantity500500500500500500500MPS startㅇ |O

MPS is the master production scheduling for manufacturing the products. It helps in production…

Answered: a. Develop the MPS for ball bearings.…

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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Show what would happen if this plan were implemented. (If the answer is void please enter 0, do not leave any fields blank.) Plan 1 2 3 4 Number of clients Hour required Regular time hours Undertime hours
You work for the Brad’s Nailer Company which manufactures two types of nailers: a pneumatic model and a cordless model. You have contracted to supply a national retail chain with both pneumatic nailers and cordless nailers. However, Brad’s nailer production capability is limited in three departments: production, testing, and packaging. Your answer will be the packaging hours needed to execute your production plan - rounded to the nearest whole hour. (The number of nailers may not be a whole number, which is acceptable in this problem.) Use Scenario 2 Scenario 1 Scenario 2 Scenario 3 Pneum. Cost 87 89.50 127.50 Pneum. Prod Hrs 0.7 0.6 0.45 Pneum. Test Hrs 0.5 0.2 0.4 Pneum. Pkg Hrs 0.2 0.3 0.3 Pneum. Sales 85,000 44,500 29,000 Cordless Cost 97 99.75 146 Cordless Prod Hrs 0.4 0.8 0.5 Cordless Test Hrs 0.6 0.4 0.5 Cordless Pkg Hrs 0.2 0.4 0.4 Cordless Sales 35,500 45,000 63,000 Prod Hrs max 95,000 95,000 95,000 Testing Hrs max 70,000 70,000 70,000 Pkg…
Hello. I need help with this Order-up-to policy question for homework. I'm stuck! You play a Retailer in the Beer Game. You receive orders directly from the Customer and place orders with the Wholesaler. When you place an order, it takes 2 weeks for the order to be received by the Wholesaler and 2 weeks for the shipment from the Wholesaler to arrive to your warehouse. One period is one week in the game. You are charged $0.5 for each unit of inventory per week, and $1.00 for each unit of backlog per week. It has been estimated that the Customer weekly demand follows a normal distribution with a mean 50,000 cases and a standard deviation 10,000 cases. What should be the order-up-to level to minimize holding and backorder costs? What safety stock should you keep? Assume that the Wholesaler keeps enough inventory to cover your demand and delivers the beer after the lead time with no uncertainty.
Shown below is a partially completed MPS record for ball bearings. Part 2 a. Develop the MPS for ball bearings. (Enter your responses as integers. A response of "0" is equivalent to being not applicable.) Item: Ball bearings Order Policy: 500 units Lead Time: 1 week Quantity on Hand: 400 Week 1 2 3 4 5 6 7 8 9 10 Forecast 550 350 350 450 250 300 250 350 400 350 Customer orders (booked) 300 350 250 300 150 150 150 150 100 50 Projected on-hand inventory enter your response here enter your response here enter your response here enter your response here enter your response here enter your response here enter your response here enter your response here enter your response here enter your response here MPS quantity 500 enter your response here enter your response here enter your response here enter your…
Barker Company produces and sells a single product with budgeted or standard costs as follows: Inputs Standards Direct materials 10 lbs at $10.00 per pound Direct labor 8 hours at $12.50 per hour Variable factory overhead 8 hours at $20.00 per hour Fixed factory overhead 8 hours at $40.00 per hour Overhead rates are based on 8,000 standard direct labor hours per month, i.e., this is the master budget denominator activity level. Desired ending inventories of materials are based on 10% of the next months materials needed. Desired ending finished goods are based on 5% of next periods budgeted unit sales. Unit Sales are budgeted as follows: January February March April 1,000 1,200 1,600 1,400 The budgeted sales price is $1000 per unit. Sales are budgeted as 80% credit sales and 20% cash sales. Past experience indicates that 60% of credit sales are collected during the month of sale, 38% are collected in the following month, and…
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