Practical Management Science
Practical Management Science
6th Edition
ISBN: 9781337406659
Author: WINSTON, Wayne L.
Publisher: Cengage,
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Concept explainers

Critical Path Method
The critical path is the longest succession of tasks that has to be successfully completed to conclude a project entirely. The tasks involved in the sequence are called critical activities, as any task getting delayed will result in the whole project get…
Cost Analysis
The entire idea of cost of production or definition of production cost is applied corresponding or we can say that it is related to investment or money cost. Money cost or investment refers to any money expenditure which the firm or supplier or producer …
Inventory Management
Inventory management is the process or system of handling all the goods that an organization owns. In simpler terms, inventory management deals with how a company orders, stores, and uses its goods.
Project Management
Project Management is all about management and optimum utilization of the resources in the best possible manner to develop the software as per the requirement of the client. Here the Project refers to the development of software to meet the end objective…
Topic Video
Question

Using the accompanying diagram, do the following:
a. Draw a tree diagram for the scissors.
b. Prepare an MRP plan for scissors. Lead times are one day for each component and final scissor
assembly, but two days for the plastic grips. Six hundred pairs of scissors are needed on day 6. Note:
There are 200 straight blades and 350 bent blades on hand, and 40 top blade assemblies on hand.
Use lot-for-lot ordering for all items.

Bent plastic grip Top Straight blade Bent blade Bottom Straight plastic grip 9--
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Transcribed Image Text:Bent plastic grip Top Straight blade Bent blade Bottom Straight plastic grip 9--
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a) Tree diagram for Scissors:
VIEW
b) MRP for scissors and screw and its formulae:
VIEW
MRP for top, bottom, and bent blade and its formulae:
VIEW
MRP for straight blade, bent, and straight plastic grip and its formulae:
VIEW
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