Consider the following information.PART XGross RequirementsScheduled ReceiptsProjected On-Hand Inventory 100Q = 60, LT= 3 weeks, Safety Stock = 517070PART XGross RequirementsScheduled ReceiptsProjected On-Hand Inventory 100Planned Order Releases1707010020>XWEEK340Compute the planned order releases and projected on-hand inventory for component part X. Round your answers to the nearest whole number. If youranswer is zero, enter "0".2040100WEEK34051606040400X5160Check My Work-600

Planned order releases are an important part of planning the requirement of material and inventory…

Answered: Consider the following information.…

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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Consider the following information. PART X Gross Requirements Scheduled Receipts Projected On-Hand Inventory 130 Q-60, LT-3 weeks, Safety Stock - 20 Compute the planned order releases and projected on-hand inventory for component part X. Round your answers to the nearest whole number. If your answer is zero, enter "0". PART X Gross Requirements Scheduled Receipts Projected On-Hand Inventory 130 Planned Order Releases 1 50 50 1 50 130 0 2 0 WEEK 3 70 99 2 0 130 120 ®® 4 0 WEEK 3 70 30 0 5 130 x 4 0 30 5 130 20 0
You are the executive chef at a large wedding facility, and a wedding with a confirmed count of 168 is scheduled for tomorrow at noon. Everything has been ordered except the shrimp, which was missing from the last purchase order. It will have to be a last-minute rush order, and only one supplier can get it to you in time. The purchase order will be for frozen raw, U 16-20, shrimp peeled, de-veined, tail-on, in 5-pound boxes (according to your spec for the product). You’ve dealt with this supplier before, and made a note to yourself on the jumbo shrimp spec that this vendor’s product averages 19 to 20 shrimp per pound and has a 96% yield. Catering policy dictates that a 10% buffer be provided for unexpected guests, and the catering menu states that 5 shrimp are to be served per person. If you have 4 pounds of good jumbo shrimp on hand, how much will you order for the wedding? Will there be any leftover product? How much?
Which of the following is not an acceptable method of applying the LCNRV? Select one: a. Group inventory items b. Individual item c. Total of the inventory d. Inventory location
(a) Give examples of independent and related dependent demand (b) APL company assembles and sales an electronics device (ED) on a contract basis. End item ED has composed of 3 units of subassembly BG and 5 units of component DD. BG is assembled using 3 DDs and 4 FCs. There are orders of 500 and 875 units of the device (ED) at the beginning of week 6 and week 8. In assembling BG, an extra 20 percent scrap allowance must be added. DD can only be ordered in whole cases of 400 units per case. One case of DD is received in each of week 1 and week 2. Also, there are 200 units of BG and 425 units of DD now on hand. The lead time for the item BG, DD, and FC is 2 weeks and that is for the item ED is 1 week.i. Calculate the required number of DD and FC for producing 100 units of ED. There is no stock of any item. ii. Prepare a material requirements plan for the component DD.
Newpaper sales data suggest that 20% of the days, 80 papers are sold; 40% of the days, 90 papers are sold; and the remaining days, 100 papers are sold. Given the vendor plans to stock 90 each day, what approx. expected CSL is the vendor targeting? 60% 36% 57% 65%
Inventory Management You are the store manager at a local branch of DigiLife, a large electronics retail chain. A new version of a popular consumer electronics device called the Amulet is coming out this year. It is your job to sell as many Amulets as you can while minimizing your costs in order to maximize your store's profits. Your Goal Earn $1,000,000 in net profits of Amulet sales.
A busness is aunchng a new product. The aunch wil require a number of related actvties as follows hre (7 weeks) select an advertising agency (2 weeks), plan an advertising campaign wth the agency (4 weeks),products from the manufacturer (13 weeks) select distributors for the product (9 weeks), take initial orders fromoperation (12 weeks), pack enough products for the launch stock (8 weeks), order the launch quantty ofthe distrbutors (3 weeks), dispatch the initial orders to the distrbutors (2 weeks). (a) What is the earest timeconduct the advertsing campaign (10 weeks), design the packaging of the product (4 weeks), set up packinga sales manager (5 weeks), requre the sales manager to recruit saes peope (4 weeks), tran the sales people that the new product can be ntroduced to the market? (b) If the company hre traned salesmen who do notneed further training, coud the product be introduced 7 weeks earler? (c) How long could one delay selectngthe advertising agency? In the example above,…
12:16 +1 (876) 474-5168 10/31/20, 5:53 PM Exercise 2: ABC analysis Perform an ABC analysis on the foilowing set of products. Annual Item Demand Unit Cost A211 1200 $9 $90 $6 $150 $2000 $120 $90 B390 100 C003 4500 D100 400 E707 35 F660 250 G473 1000 H921 100 $75 LUILOANS ICES
Q6) Tracking signals track changes in control limits can lead to an increase in cumulative errors can capture changes in trends track changes in demand updates none of the above Q7) In an inventory problem, the fixed ordering costs are increased but all other factors remain the same. This change will increase the optimum order quantity change the demand pattern reduce the optimum order quantity change the stockout costs increase the optimum lead time Q8) In an MRP system, the lead time to acquire or produce components is used in calculating net requirement from gross requirements net requirements from available planned order releases from planned order receipts lot sizes for scheduled orders none of the above
spaces between figures) * Your answer There are 2 policies suggested by Procurement related to inventories. Policy A suggests: Order 150 units. ROP is 50 units and the time between placing and receiving an order is 10days. Policy B suggests: Order 200 units. ROP is 75 units and the time between placing and receiving an order is 15days.Order cost is P20.00 per order and the cost of keeping inventory is P 0.02 per day. Which policy do you think is the best for the company to adopt and what is the cost. Policy A Policy B How much is the cost of production planning A using chase demand? Write your
Upon delivery, only the items quantity ordered on the PO(pruchase order) is received and a Daly Receiving Report (DRR)made by the supplier at the time of delivery. True or false?
Economic order quantity (Q*) is 4,000 units. Annual demand (D) is 12,000 units. Find number of orders per year (N*) and time between orders (T*) in years. Group of answer choices N*=3 times per year, T* cannot be calculated N*=0.33 times per year, T*= 0.33 weeks N*=17.3 times per year, T*= 3 years N*=3 times per year, T*= 0.33 years N*=3 times per year, T*= 3 years

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