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- |Product D is stocked only at the AMC Chemical Company's Dallas warehouse and at the company's plant warehouse in Akron. The sales director has forecast product sales from the Dallas warehouse to be 40 units per week for the next 8 weeks. Product D is manufactured at the firm's Akron plant using 2 units of ingredient X per unit of product D. Information: Ingredient X Projected available balance: 4 Units Schedule receipt in week 1: 320 units Safety stock quantity: 2 Product D in Dallas Product D in Plant Warehouse Warehouse Projected available balance: 85 Units Safety stock quantity: 5 units Lead time: 2 weeks Lot for lot size quantity Projected available balance: 2 Units Schedule receipt in week 1: 46 units Safety stock quantity: 8 units units Lead time: 1 week Lead time: 4 weeks Lot for lot size quantity Lot size quantity: 320 units Prepare the DRP records for product D at the Dallas warehouse and the plant warehouse as well as the MRP record for ingredient X (Assume ingredient X is…Q3: FIND INITIAL FEASIRLE SOLUTION COST FOR GIVEN PROBLEM by using A north-west oomer rule Bleast cost method e-Vogels approvimation method D1 D2 D3 D4 SUPPLE P1 2. 11 P2 1. 1. Pa 8. 15 6. 10 Demand 2. A* JIS O 11600 O 11300 O 11200 O 11000H4. Please show all step by step calculation
- Describe thr function of a firm which affects the MRP system ?JAN FEB MAR APR MAY BEGINNING INV PERIOD JUN TOTAL BEGINNING WORKERS AVGE. MONTHLY OUTPUT PER WORKER INV. HOLDING COSTS COST/CATEGORY TOTAL COST PER CATEGORY 5,000 8 4,000 0.3 DEMAND 24,000.00 32,000.00 32,000.00 48,000.00 60,000.00 44,000.00 240,000.00 UNITS WORKERS UNITS/WORKER PER CASE/MONTH REG. PROD 0.00 $0.80 CHASE- HIRE/FIRE HIRING COST SUBCONTRACTING FIRING/LAYOFF $1.15 COST COST OVERTIME/ SUBCONTRACT ENDING INV. $1,000 $1.15 $1,500 0.00 $0.30 PER WORKER PER CASE PER WORKER WORKERS HIRE FIRE 0.00 $1,000.00 COST OF PLAN= 0.00 $1,500.00 $14.May I know the correct option?
- Question No. 14 A stock item has a count of 792 units, a cost of R3 and carrying charge of 20%. If the item is used at the rate of 36 units per manufacturing day, the days of supply for this item is: a. b. C. d. 108 days. 22 days. 452 days. Cannot be determined with the information provided.Name the 4P’s?Problem 2: Week Forecast Customer Orders Projected On-Hand Inventory MPS Available-to-Promise On-hand Inventory schedule production whenever projected on-hand inventory drops below MPS lot size Complete the master production schedule based on the following information 160 160 30 300 1 120 110 2 100 100 3 130 75 4 110 50 5 140 32 6 140 11 7 170 5 8 180 0
- MGT 314 (Operation Management) MCQ:Inflated Inventory – Case Study As an assistant manager in a restaurant company with an eye on his future, Bob wants to do as much as possible to ensure his career progression. He works long hours, spends a lot of time focusing on customer service and loyalty, and has learned how to train employees more effectively. Recently, however, Bob has become disturbed by some actions of his superiors which, to him, do not seem to be ethical. For instance, at the end of last month, Bob was asked by the GM to inflate the inventory in order to show a better bottom-line performance for the last month. The GM explained that, while this is technically unethical, the last month was unusual in the sense that the restaurant had an accident in which the cooler malfunctioned overnight and many food products spoiled. To further explain this, the GM noted that, from his perspective, inventories are meant to capture long-range use of resources, not once-only events. Discussion Questions: 1. Should Bob…Q4) A manufacturer provides specialized microchips. During the next 3 months its sales, costs, and available time are shown in the table. Month 1 Month 2 Month 3 There are no chips in stock at the beginning of the first month. It takes 1.5 hr of production time to produce a chip and costs $5 to store a chip from one month to the next. Determine a production schedule that meets the demand requirements, does not exceed the monthly production time limitations, and minimizes cost. Note that no chips should be in stock at the end of the 3 months. Use fmincon. Chips required Cost regular time ($/chip) Cost overtime ($/chip) Regular operation time (hr) Overtime (hr) 1000 100 110 2500 100 120 2200 120 130 2400 2400 720 2400 720 720