Some of the units processed in a department are sold without further processing. Others are transferred to a second department for further processing. How will this reflect on the cost of production report? Reported on separate lines in Quantity Schedule and Cost Schedule Shown only in the Quantity Schedule Shown only in Cost Schedule Only the cost transferred to Finished Goods Inventory are reported in Cost Schedule
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Reported on separate lines in Quantity Schedule and Cost Schedule
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Shown only in the Quantity Schedule
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Shown only in Cost Schedule
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Only the cost transferred to Finished Goods Inventory are reported in Cost Schedule
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Step by step
Solved in 3 steps
- Prepare a master schedule given this information: It is now the end of week 1; customer orders are 25 for week 2, 16 for week 3, 11 for week 4, 8 for week 5, and 3 for week 6. Use the MPS rule of ordering production when projected on-hand inventory would be negative without production. Suppose that there were 64 pumps in inventory at the beginning of week 1. A production lot size of 70 pumps is used. (Leave no cells blank - be certain to enter "0" wherever required.)What information is not found in the Quantity Schedule section of the cost of production report? Units started into production Total units to account for Cost of units started this period Units transferred to the next departmentOne unit of A is made of three units of B, one unit of C, and two units of D. B is composedof two units of E and one unit of D. C is made of one unit of B and two units of E. E ismade of one unit of F.Items B, C, E, and F have one-week lead times; A and D have lead times oftwo weeks.Assume that lot-for-lot (L4L) lot sizing is used for Items A, B, and F; lots of size50, 50, and 200 are used for Items C, D, and E, respectively. Items C, E, and F have onhand(beginning) inventories of 10, 50, and 150, respectively; all other items have zerobeginning inventory. We are scheduled to receive 10 units of A in Week 2, 50 units of Ein Week 1, and also 50 units of F in Week 1. There are no other scheduled receipts. If30 units of A are required in Week 8, use the low-level-coded bill-of-materials to i nd thenecessary planned order releases for all components.
- Product A is made from components B, C, and D. Item B is asubassembly that requires two units of C and one unit of E.Item D also is an intermediate item, made from two unitsof F. All other usage quantities are two. Draw the BOM forproduct A.Scheduling is a key to Supply Chain Management. It pertains to establishing the timing of the use of specific resources of an organization. AS an example manufacturers must schedule production, which means developing schedules for workers, equipment, purchases, maintenance and so on. Give the scheduling components for one University and discuss the in detail each requirement. Which do you feel as a student fall short in the scheduling process and why?One unit of A is made of three units of B, one unit of C, and two units of D. B is composed of two units of E and one unit of D. C is made of one unit of B and two units of E. E is made of one unit of F. Items B, C, E, and F have one-week lead times; A and D have lead times of two weeks. Assume that lot-for-lot (L4L) lot sizing is used for Items A, B, and F; lots of size 55, 55, and 200 are used for Items C, D, and E, respectively. Items C, E, and F have on-hand (beginning) inventories of 10, 50, and 160, respectively; all other items have zero beginning inventory. We are scheduled to receive 10 units of A in Week 2, 60 units of E in Week 1, and also 50 units of F in Week 1. There are no other scheduled receipts. If 32 units of A are required in Week 8, use the low-level-coded bill of materials to find the necessary planned order releases for all components
- One unit of A is made of three units of B, one unit of C, and two units of D. B is composed of two units of E and one unit of D. C is made of one unit of B and two units of E. E is made of one unit of F. Items B, C, E, and F have one-week lead times; A and D have lead times of two weeks. Assume that lot-for-lot (L4L) lot sizing is used for items A, B, and F; lots of size 50, 50, and 200 are used for Items C, D, and E, respectively. Items C, E, and F have on-hand (beginning) inventories of 10, 50, and 150, respectively; all other items have zero beginning inventory. We are scheduled to receive 10 units of A in week 2, 50 units of E in week 1, and also 50 units of F in week 1. There are no other scheduled receipts. If 30 units ofA are required in week 8, use the low-level-coded bill-of-materials to find the necessaryplanned-order releases for all components.What does process planning entail? How would processplanning differ for batch and continuous processesYou have developed the following simple product structure of items needed for your gift bag for a rush party for prospective pledges in your organization. You forecast 200 attendees. Assume that there is no inventory on ha nd of any of the items. Explode the bill of material. (Subscripts indicate the number of units required.)
- Montague Composite makes a unit A, which consists of two units of B, three units of C, and four units of D. C is composed of three units of D and two units of E. Items A, C, D and E have on-hand inventories of 10, 20, 30 and 40 units respectively. Item B has a scheduled receipt of 50 units in period 1, and C has a scheduled receipt of 90 units in period 1. Lot-for-lot sizing is used for items A and B. Item C requires a minimum lot size of 60 units. D and E must be purchased in multiples of 35 and 55 respectively. Lead times are one period for items A, B and C, and two periods for items D and E. The gross requirements for A are 180 in period 5, and 220 in period 8. Determine the planned-order releases for all items using template 2 (provided at the end of the paper)In your own words, please briefly describe how scheduling in operations management contributes to managing inventories?Which technique of process scheduling has been shown to be the most efficient?