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- Setting Product Availability under capacity constraints When capacity is constrained, where should the relatively higher fraction of capacity be used: the higher markgin product or lower margin product. Sweater High end Low end Mean 1000 2000 Why? St. Dev. 300 400 Cost $50 $40 Selling Price $150 $100 Salvage Value $35 $25 Cu C_o CSL Q* Actual Q Actual CSL Marg. Cont.Consider the following information. PART X Gross Requirements Scheduled Receipts Projected On-Hand Inventory 100 Q = 60, LT= 3 weeks, Safety Stock = 5 1 70 70 PART X Gross Requirements Scheduled Receipts Projected On-Hand Inventory 100 Planned Order Releases 1 70 70 100 2 0 > X WEEK 3 40 Compute the planned order releases and projected on-hand inventory for component part X. Round your answers to the nearest whole number. If your answer is zero, enter "0". 2 0 4 0 100 WEEK 3 40 5 160 60 4 0 40 0 X 5 160 Check My Work -60 0II. Financial information of the business which produces and sells three types of electronical motors is given below: Production Sale Direct Model Quantity (U) Price ($) Material($) Norm 5.000 800 120 Pluger 4.000 1.500 450 Elevator 1.000 2.500 700 Direct Production Labor ($) Time (DLH/U) 80 250 300 4 5 8 Total fixed costs are only 1.750.000$. a. Calculate the BEP for each model, b. Choose the model to prioritize with reasons, c. Compute the common BEP of all models, d. Compute the profit if all the capacity is sold, e. Compute the sale price of each model to get a profit of 5.150.000$.
- 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(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.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
- Refer to Figure 11.23 and Solved Problem 1. If inventory consists of two units of B, one unit of F. and three units of G, how many units of G. E. and D must be purchased to produce five units of product A? Figure 11.23 for Product A D(1) LT-3 B(3) LT-2 EG LT-6 FIT) CO) LT-1 GALA LT=3 D(1) LT-3 LT-Lead time12:16 +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 ICESSemans is a manufacturer that produces bracket assemblies. Demand for bracket assemblies (X) is 128 units. The following is the BOM in indented form: DESCRIPTION Bracket assembly Wall board Hanger subassembly Hanger casting Ceramic knob Rivet head screw Metal tong Plastic cap USAGE 1 ITEM X A B D E 5 F G 3 1 Below is a table indicating current inventory levels: Item X 26 D 196 F G 95 Inventory 17 69 17 145 1,220 b. What are the net requirements for each item? (Leave no cells blank - be certain to enter "0" wherever required.) Item Net Requirements A B C D F G
- |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…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 aboveMultiple choice need help in completing question 8 and 14. 8. The just-in-time inventory system increases: a. Centralized support b. The number of costs to allocate c None of these are correct 14.Costs incurred due to reduced product yield are: a. Appraisal costs b. Internal failure costs c. External failure costs