Refer to this product structure tree: If 16 Ps are needed, and on-hand inventory consists of 10 As, 15 Bs, 20 Cs. 12 Ms, and 5 Ns, how many Cs are needed? P M(3 A(2 N(4 C(4 B(3 D(5 94
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- M13 SPR (4) SPM Axle (2) T889 SPM (8) The M13 Bill of Material is given here. The table below shows your current inventory levels of each item. Item Quantity Axle SPM 76 SPR 3. T889 8. How many additional units of SPM are needed to make 95 M13s?JA manufacturing company produces finished products as well as re- placement parts. One particular product has the following bill of materials: 2. (4) D (30) (25) (20) The manufacturer independent demand requirements for both the parent item as well as the subassemblies for the next 8 weeks: Independent Period Demand 2 4 6. Assembly A Assembly B 25 25 25 15 15 15 70 100 70 100 25 25 25 25 25 Assembly C 15 15 15 15 15 Assemblies D and E are purchased from a supplier so they are not manufac- tured by the company, and therefore have no independent demand. CRN7 The major types of inventory include raw materials, finished goods and: A. cleaning supplies B. work-in-process C. returned material D. defective goods E. pipeline inventory
- Inventory and supply chain management concepts (6) When is it appropriate to use an Economic-Order-Quantity (EOQ) to determine an inventory order quantity? Multiple Choice O O When product has short lifecycle and it is very expensive to buy. When product is perishable and there is cost of holding inventory. When product has long life cycle and there is fixed cost of ordering. When product's demand is uncertain and there is a known cost of under-stocking.Develop a lot-for-lot solution and calculate total relevant costs for the gross requirements in the following table*. 5 6 7 30 70 30 9 10 11 12 60 10 70 Period 1 Gross requirements 20 2 Period Gross requirements On-hand at beginning of period 40 On-hand at end of period Order receipt Order release 3 40 1 20 4 *Holding cost = $3.50/unit/week; setup cost = $200; lead time = 1 week; beginning inventory = 40. Develop a lot-for-lot solution (enter your responses as whole numbers). 2 3 40 4 8 5 6 30 7 70 30 8 9 10 11 12 10 70 60 corn12:16 +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
- 2.7 Which of the following help explain how the Reorder Point (ROP) works in conjunction with the Economic Order Quantity (Q), the number of orders (N) and the time between orders (T)? a) The Economic Order Quantity (Q) and the Annual Demand (D) are used to determine the number of Order (N) b) The number of orders (N) and the number of days that a firm works (W) are used to determine the time span between orders (T) c) Orders are placed every T days unless the inventory on hand fall to or below the Reorder Point d) Only a and b e) f) Only b and c All of a, b and c 2.8 The objective of Inventory Management is to balance inventory investment (cost) and customer service. a) TRUE b) False 2.9 The Economic Order Quantity (EOQ), the number of orders, the Reorder Point (ROP), the time between orders are important analytics in Inventory Management. a) TRUE b) FALSE 2.10 The number of working days for a firm is an important input in calculating the components of the Economic Order Quantity…Describe what are just in time inventory pros and cons for a business?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 10. Subscripts indicate quantity required for each parent. Assume lot-for-lot ordering. Item Lead Time On-Hand Inventory Components Stepper 2 10 A(2), B(2), C(1) A 1 10 D(1), F(2) B 2 20 E(1), F(3) C 3 10 D(2), E(3) D 2 15 E 2 5 F 2 20 c) Develop a net material requirements plan for F (enter your responses as whole numbers). Week Lead Time Item 3 4 5 6 7 8 9 10 (weeks) F Gross req enter your response here enter your response here 2 On hand enter your response here enter your response here Net req enter your response here enter your response here Order…
- Use ABC analysis to determine the items deserving mostattention and tightest inventory control.1. What is the economic order quantity for BBE in units? In pounds? 4.What is the total cost for using air carrier transportation?DETERMINING INVENTORY MODELS FSYHILD is a manufacturing company of made to order face shield. It is producing products at a constant rate with a requirement of 5,500 face shields per quarter throughout the year. If ordering costs are P35.00 per order, unit cost is P10.00 per face shield, and annual inventory holding cost are charged at 30% of the units cost. A. What is the EOQ for this component? B. What is the expected time between orders? C. What are the total annual inventory and holding cost associated with your EOQ recommendation? D. Assuming a lead time of 5 days, what is the reorder point? E. What is the total cost if the management decides to increase the demand by 75%?