find the MPS start quantity in week 5, and theprojected on-hand inventory in week 5.**I need clear a clear step by step solution please**thank you :)Order Policy: 80 unitsLead Time: 2 weeksItem BWeekQuantity on HandForecast60 150234.56.8.40404040403535Customer orders (booked) | 60Projected on HandMPS quantity20154510125.MPS startAvailable-to-promise

Answered: find the MPS start quantity in week 5,…

Understanding Business

12th Edition

ISBN:9781259929434

Author:William Nickels

Publisher:William Nickels

Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment

Section: Chapter Questions

Problem 1CE

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1. Why is accurate inventory such an important issue at Wheeled Coach? 2. Why does Wheeled Coach have excess inventory, and what kind of a plan would you suggest for dealing with it? 3. Be specific in your suggestions for reducing inventory and how to implement them. *You may wish to view the video that accompanies this case before
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Please do G,H,I,J,K and L (a) What is the expected jet fuel yearly average demand D? =4160 tons(b) Given D, find the order lot size Q that gives the economic order quantity (EOQ). =60.39 unit(c) Given the EOQ, what is the total inventory holding cost?= $1067695.2(d) Given the EOQ, what is the total inventory ordering cost? =OC=$1067726.4(e) Given the EOQ, what is the total annual inventory cost?TIC=2135421.6 =1.32(f) What is the time between orders in weeks? = 39.39 The airport is convinced that placing an order every season (every P = 13weeks) will be best. It is also aware that the expected demand will varywith a standard deviation of 20 tons, so it needs to take this information into account. (g) What is the protection period required by the proposed 13-week periodic review system?(h) The airport is required by the airlines to maintain a 99.75% service level.What is the required safety stock?(i) Calculate the order size (Q) when using P = 13.(j) What is the total annual inventory…
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Develop a lot-for-lot solution and calculate total relevant costs for the gross requirements in the following table*. Period 1 2 3 4 5 6 7 8 9 10 11 12 Gross requirements 30 30 30 60 30 20 70 60 *Holding cost=$3.50/unit/week; setup cost=$150; lead time=1 week; beginning inventory=40. Develop a lot-for-lot solution (enter your responses as whole numbers). Period 1 2 3 4 5 6 7 8 9 10 11 12 Gross requirements 30 30 30 60 30 20 70 60 Scheduled receipt Projected On-hand 40 enter your response here enter your response here enter your response here enter your response here enter your response here enter your response here…

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