Week 3. Forecast 45 45 45 45 Customer Order 42 45 42 50 Given the following data, calculate the projected available balance. The demand time fence is the end of week 3, the order quantity is 100, and 40 are available at the beginning of the period 2. 1,
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- A single inventory item is ordered from an outside supplier. The anticipateddemand for this item over the next 12 months is 6, 12, 4, 8, 15, 25, 20, 5, 10, 20, 5,12. Current inventory of this item is 4, and ending inventory should be 8. Assume aholding cost of $1 per period and a setup cost of $40. Determine the order policyfor this item based ond. Which lot-sizing method resulted in the lowest cost for the 12 periods?Demand for a power steering gear assembly is given by Period 1 2 3 4 5 6 7 8 9 10 Gear 14 12 12 13 5 90 20 20 20 20 Currently there are 50 parts on hand. The lot-sizing rule is, again, fixed order period using two periods. Lead time is three periods. Determine the planned order release schedule for the gear. Suppose each gear assembly requires two pinions. Currently there are 100 pinions on hand, the lot-sizing rule is lot-for-lot, and the lead time is one period. Determine the gross requirement and then the planned order release schedule for pinions.A single inventory item is ordered from an outside supplier. The anticipateddemand for this item over the next 12 months is 6, 12, 4, 8, 15, 25, 20, 5, 10, 20, 5,12. Current inventory of this item is 4, and ending inventory should be 8. Assume aholding cost of $1 per period and a setup cost of $40. Determine the order policyfor this item based ona. Silver–Meal.
- A single inventory item is ordered from an outside supplier. The anticipateddemand for this item over the next 12 months is 6, 12, 4, 8, 15, 25, 20, 5, 10, 20, 5,12. Current inventory of this item is 4, and ending inventory should be 8. Assume aholding cost of $1 per period and a setup cost of $40. Determine the order policyfor this item based onb. Least unit costThe table below provides demand data for 6 weeks (weeks 31-36 for the current year) for one product. Inventory is managed with a periodic review system where T = 5 weeks and M = 280. The previous order was for 120 units at the end of week 28. The lead time is a constant 4 weeks. At the beginning of week 31 the inventory level is 130 units. Orders are made at the end of a week. 1. When is the next order? end of week __________ 2. How large is the next order? ___________ Week Demand Inventory 31 30 32 40 33 45 34 30 35 30 36 30A single inventory item is ordered from an outside supplier. The anticipateddemand for this item over the next 12 months is 6, 12, 4, 8, 15, 25, 20, 5, 10, 20, 5,12. Current inventory of this item is 4, and ending inventory should be 8. Assume aholding cost of $1 per period and a setup cost of $40. Determine the order policyfor this item based onc. Part period balancing
- The distribution of the eight-month demand forecasts determined by an enterprise as a result of the MRP study by months is given in the table below. Using the fixed order quantity (lots of 75) methodcalculate the ordering schedule and the total cost of that plan (keeping-in-stock cost CU4/item*month, ordering cost CU300/order)Electro Fans has just received an order for one thousand 20˝ fans due in week 7. Each fan consists of a housing assembly, two grills and a fan assembly. The housing assembly consists of a frame, two supports and a handle. The following table gives lead times, on-hand inventory, and scheduled receipts. Table 1.1: Lead time and quantity on hand Item Lead Time Qty on hand Lot size# Scheduled receipt 20˝ Fan Housing Frame Supports (2) Handle Grills (2) Fan Assembly 1 1 2 1 1 2 3 80 90 - 50 400 200* 150 - - - 100 400 450 - 50 fan assembly in week 2 * In week 3 it was found that 50% of the on hand inventory of the grills was damaged. # Items without any lot size given should be considered as lot-for-lot. (i) Construct a product structure. (ii) Construct a time-phased product structure. (iii) Prepare a net requirement plan.[item no. 11] In a single period inventory model, the demand is assumed to follow a normal distribution. The value of ML/(ML+MP) is 0.6. The company used marginal analysis with the normal distribution to determine the optimal stocking level X*. If the mean demand is 100, then X* a. is less than 100 b. is equal to 100 c. cannot be determined from the information given d. is greater than 100
- Please complete the sup part: e,f and g. 1.B&H needs to decide how to manage its inventory of cameras. The demand for cameras at B&H is 200 cameras per week. Each time that B&H places an order for a new shipment of cameras, it must pay $80 in fixed processing fees. A camera costs B&H $60 to purchase. The cost for B&H to hold a camera in its store for one week is $4. Assume that the lead time for the delivery of a camera is 0 weeks.a. Suppose that B&H places orders for cameras in quantities of 50 cameras at a time and places a new order for cameras each time that it runs out. Draw a graph showing the number of cameras that B&H has on-hand in inventory at each point in time up until the time when it places its fourth-order. Label the points in time at which B&H places a new order. Assume that B&H places its first order for 50 cameras on day 0.b. Suppose again that B&H places orders for 50 cameras at a time. What will be B&H’s average holding…[item no. 8] In a single period inventory model, the demand is assumed to follow a normal distribution with mean=100 and variance=25. The value of ML=2 and the value of MP=4. The company used marginal analysis with the normal distribution to determine the optimal stocking level X*. What is the value of X* a. None of the above b. 111 c. 103 d. 102Recently, a kiddie store has been given a quantity discount schedule for these cats. Thus, the normal cost for the toy cars is P200.00. For orders betweeen 1,000 and 1,999 units, the unit cost drops to P192.00. For orders of 2,000 or more units, the unit cost is only P190.00. Furthermore, ordering cost is P1,960.00 per order. Annual demand is 5,000 toy cars, and inventory carrying charge, as a percentage of cost, I, is 20%. What order size quantity will minimize the total inventory cost?