Suppose we are formulating a Master Production Schedule (MPS) for an item. The lot-size policy for this item calls for a fixed quantity of 300 units. Lead time for this item is three weeks. Week O inventory for this item is 400 units. There are no safety stock requirements. Here are the demand forecast and the booked orders for this item.... Week 1 2 3 5 Forecast 120 120 100 100 100 120 Booked 115 121 71 0 0 0 When the master schedule is complete, what will be the Projected On-Hand in Week 4?

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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Suppose we are formulating a Master
Production Schedule (MPS) for an item. The
lot-size policy for this item calls for a fixed
quantity of 300 units. Lead time for this item
is three weeks. Week O inventory for this
item is 400 units. There are no safety stock
requirements.
Here are the demand forecast and the
booked orders for this item....
Week
1
2 3 4
5 6
Forecast 120 120 100 100 100 120
Booked 115 121 71 0 0 0
When the master schedule is complete. what
will be the Projected On-Hand in Week 4?
Transcribed Image Text:Suppose we are formulating a Master Production Schedule (MPS) for an item. The lot-size policy for this item calls for a fixed quantity of 300 units. Lead time for this item is three weeks. Week O inventory for this item is 400 units. There are no safety stock requirements. Here are the demand forecast and the booked orders for this item.... Week 1 2 3 4 5 6 Forecast 120 120 100 100 100 120 Booked 115 121 71 0 0 0 When the master schedule is complete. what will be the Projected On-Hand in Week 4?
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