OPERATIONS MANAGEMENT(LL)-W/CONNECT >IC<
7th Edition
ISBN: 9781260839456
Author: SCHROEDER
Publisher: MCG CUSTOM
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Textbook Question
Chapter 15, Problem 1P
The following information is given for a particular part. Using a lead time of two weeks, complete the table. Use L4L with On hand = 80 and SS=0.
| Week | |||||
| 1 | 2 | 3 | 4 | 5 | |
| Gross requirement | 100 | 400 | 300 | ||
| 50 | |||||
| Projected ending inventory | 80 | ||||
| Net requirement | |||||
| Planned order recipts | |||||
| Planned order | |||||
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Students have asked these similar questions
Hip Replacements, Inc., has a master production schedule forits newest model, as shown below, a setup cost of $50, a holdingcost per week of $2, beginning inventory of 0, and lead time of1 week. What are the costs of using lot-for-lot for this l0-weekperiod?
WEEK 1 2 3 4 5 6 7 8 9 10Gross requirements 0 0 50 0 0 35 15 0 100 0Scheduled receiptsProjected on hand 0 0 0 0 0 0 0 0 0 00Net requirements 0 0 50 0 0 35 15 0 100Planned order receipts 50 35 15 100Planned order releases 50 35 15 100
M. de Koster, of Rene Enterprises, has the master production plan shown here: Lead time = I period; setup cost= $200; holding cost = $10 perweek; stockout cost = $10 per week. Your job is to develop an ordering plan and costs for:a) Lot-for-lot. b) EOQ.c) POQ. d) Which plan has the lowest cost?
Can you explain how they got these numbers? I have no idea where the numbers for ending inventory came from. Or explain how to do a level plan analysis.
Chapter 15 Solutions
OPERATIONS MANAGEMENT(LL)-W/CONNECT >IC<
Ch. 15.7 - Prob. 1OLCh. 15 - Prob. 1DQCh. 15 - Prob. 2DQCh. 15 - With regard to inventory management, discuss the...Ch. 15 - Prob. 4DQCh. 15 - How much safety stock should be carried in a MRP...Ch. 15 - Prob. 6DQCh. 15 - Prob. 7DQCh. 15 - Prob. 8DQCh. 15 - Prob. 9DQ
Ch. 15 - Describe how MRP? concepts could be used for the...Ch. 15 - How are MRP and ERP related?Ch. 15 - The following information is given for a...Ch. 15 - eXcel The Old Hickory Furniture Company...Ch. 15 - Product A consists of subassemblies B and C....Ch. 15 - eXcel The BOM for product A given below Part on...Ch. 15 - The master scheduler in the ABC Widget Company is...Ch. 15 - A firm makes a basic scissors consisting of three...Ch. 15 - Prob. 7PCh. 15 - Prob. 8PCh. 15 - A small toy robot is assembled from sis parts: a...
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Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, operations-management and related others by exploring similar questions and additional content below.Similar questions
- Given the bill of material and the on-hand quantities below, compute the net requirements for each item. The gross requirement for A is 150 units. Summarize your solution in a table. Item On-Hand Inventory A 40 B 50 C 100 D 70 E 25arrow_forwardDaily demand for an item is shown here. Assume a holdingcost of $0.50 per unit per day, a setup cost of $100 persetup, a lead time of one day and 70 units on hand. Deter-mine when a work order should be released for the itemand the size of the order using the L4L, EOQ, and POQ lotsizing techniques. Which technique produces the lowesttotal cost? Period 1 2 3 4 5 6 7 8 9 10Gross Requirement 50 30 25 35 40 50 35 45 70 75arrow_forwardGrace Greenberg, production planner for Science and Technology Labs, in New Jersey, has the master production plan shown here: Lead time= I period; setup costs = $200; holding cost = $10 perweek; stockout cost = $10 per week. Develop an ordering planand costs for Grace, using these techniques:a) Lot-for-lot. b) EOQ.c) POQ. d) Which plan has the lowest cost?arrow_forward
- Can you say if it is better to carry inventory or create back orders? Discuss the pros and cons of eacharrow_forwardProduct 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.arrow_forwardProduct 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”arrow_forward
- Discuss the role of the master production schedule and describe the objective of master production scheduling?arrow_forwardComplete the master production schedule based on the following information On-hand Inventory - 160 schedule production whenever projected on-hand inventory drops below - 30 MPS lot size - 300 Week 1 2 3 4 5 6 7 8Forecast 120 100 130 110 140 140 170 180 Customer Orders 110 100 75 50 32 11 5 0Projected On-Hand Inventory 160MPSAvailable-to-Promisearrow_forwardNote:- Do not provide handwritten solution. Maintain accuracy and quality in your answer. Take care of plagiarism. Answer completely. Complete the following MRP record. All gross requirements, beginning inventory levels, and scheduled receipts are shown. Click the icon to view the MRP record. Complete the material requirements plan (enter your responses as whole numbers). Week 1 2 3 4 5 6 Gross requirements 250 450 100 100 50 500 Scheduled receipts Projected ending inventory: 290 Net requirements Planned receipts Planned ordersarrow_forward
- Heather Adams, production manager for a Colorado exercise equipment manufacturer, needs to schedule an order for 50 UltimaSteppers, which are to be shipped in week 8. Subscripts indicate quantity required for each parent. Assume lot-for-lot ordering. b. Choose correct time phased-structures c. Develop a net material requirements plan for F (enter your responses as whole numbers).arrow_forwardHeather Adams, production manager for a Colorado exercise equipment manufacturer, needs to schedule an order for 50 UltimaSteppers, which are to be shipped in week 9. Subscripts indicate quantity required for each parent. Assumelot-for-lot ordering. c) Develop a net material requirements plan for F (enter your responses as whole numbers). Week Lead Time Item 2 3 4 5 6 7 8 9 (weeks) F Gross req Insert answer insert answer 2 On hand insert answer insert answer Net req insert answer insert answer Order receipt insert answer insert answer Order release insert answer insert answerarrow_forwardHeather Adams, production manager for a Colorado exercise equipment manufacturer, needs to schedule an order for 50 UltimaSteppers, which are to be shipped in week 8. Assume lot-for- lot ordering. Below is information about the steppers and the quantity required for each parent. Item Lead Time On Hand Inventory Components Stepper 2 20 A(1), B(3), C(2) A 1 10 D(1), F(2) B 2 30 E(1), F(3) C 3 10 D(2), E(3) D 1 15 E 2 5 F 2 20 Develop a product structure diagram for Develop a net material requirements plan forarrow_forward
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