Practical Management Science
6th Edition
ISBN: 9781337406659
Author: WINSTON, Wayne L.
Publisher: Cengage,
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Transcribed Image Text:The MRP gross requirements for Item X are shown here for the next 10 weeks. Lead time for A is two weeks, and setup cost is
$10. There is a carrying cost of $0.02 per unit per week. Beginning inventory is 72 units.
WEEK
1
2
3
4
5
6
7
8
9
10
Gross requirements
21
12
15
45
10
30
100
20
40
150
Use the least total cost lot-sizing method to determine when and for what quantity the first order should be released.
Least total cost method indicates that
periods
units should be ordered to cover the needs for
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- Complete the master production schedule (enter your responses as whole numbers). On-hand inventory at end of week 1: 190 Week Forecasted demand Booked orders Projected ending inventory Master production schedule Available to promise 2 280 125 680 770 3 400 170 280 4 290 265 640 650 5 250 150 390 6 260 265 965 840 7 250 240 715 8 290 125 1295 870 555 9 310 190 985arrow_forwardK Develop a lot-for-lot solution and calculate total relevant costs for the gross requirements in the following table*. Period 1 Gross requirements 30 Develop a lot-for-lot solution (enter your responses as whole numbers). Period Gross requirements On-hand at beginning of period On-hand at end of period Order receipt Order release 2 40 3 40 1 30 U 4 2 *Holding cost = $2.50/unit/week; setup cost = $150; lead time = 1 week; beginning inventory = 40. 5 6 7 30 70 20 3 40 8 4 9 10 10 80 5 6 7 30 70 20 8 11 9 10 D 12 50 10 11 12 80 50arrow_forwardOne unit of A is composed of two units of B and three units of C. Each B is composed of one unit of F. C is made of one unit of D, one unit of E, and two units of F. Items A, B, C, and D have 28, 40, 36, and 25 units of on-hand inventory. Items A, B, and C use lot-for-lot (L4L) as their lot-sizing technique, while D, E, and F require multiples of 62, 110, and 90, respectively, to be purchased. B has scheduled receipts of 15 units in Period 1. No other scheduled receipts exist. Lead times are one period for Items A, B, and D, and two periods for Items C, E, and F. Gross requirements for A are 15 units in Period 1, 12 units in Period 2, 50 units in Period 6, and 50 units in Period 8. Find the planned order releases for all items. (Leave no cells blank - be certain to enter "O" wherever required.) Period 3 4 6 7 8 Gross requirements Item A Scheduled receipts OH = 28 Projected available balance Net requirements Planned order receipts Planned order releases LT = 1 SS = 0 Q = L4L Gross…arrow_forward
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