Net requirement for each item. Concept Introduction: Bill of material is the detailed description of all components required to produce final product. Material Requirement Planning (MRP) is the detailed planning of all components required and its quantity for the end product. It is usually prepared for a week and keeps on changing according to the product. It consist of gross requirement, schedule receipt, net requirement, planned order receipt and planned order releases.

Question

Best-Appliance makes high-powered industrial strength microwave oven and wants to create an MRP for their oven assembly with a minimum cost possible. Following table show gross requirements of their product for twelve weeks. Develop a Part Period Balancing (PPB) solution and calculate the total relevant costs for the plan. Week Gross requirements 1 30 Week Gross requirements On-hand at beginning of week 40 On-hand at end of week Order receipt Order release Total relevant cost for this plan is = $ 2 3 30 1 30 4 2 5 40 70 20 Also, for this plan the Holding cost = $2.50/unit/week; setup cost = $200; lead time = 1 week; beginning inventory = 40 units. Use the table below to develop a PPB solution for MRP (enter your responses as whole numbers). 3 30 6 7 8 4 5 40 (enter your response as a whole number). 6 ॥ 70 9 10 70 7 20 10 11 8 D 12 50 9 10 11 12 10 70 50

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Question

Chapter 13, Problem 8PA

Summary Introduction

Interpretation:

Net requirement for each item.

Concept Introduction:

Bill of material is the detailed description of all components required to produce final product.

Material Requirement Planning (MRP) is the detailed planning of all components required and its quantity for the end product. It is usually prepared for a week and keeps on changing according to the product. It consist of gross requirement, schedule receipt, net requirement, planned order receipt and planned order releases.

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Best-Appliance makes high-powered industrial strength microwave oven and wants to create an MRP for their oven assembly with a minimum cost possible. Following table show gross requirements of their product for twelve weeks. Develop a Part Period Balancing (PPB) solution and calculate the total relevant costs for the plan. Week Gross requirements 1 30 Week Gross requirements On-hand at beginning of week 40 On-hand at end of week Order receipt Order release Total relevant cost for this plan is = $ 2 3 30 1 30 4 2 5 40 70 20 Also, for this plan the Holding cost = $2.50/unit/week; setup cost = $200; lead time = 1 week; beginning inventory = 40 units. Use the table below to develop a PPB solution for MRP (enter your responses as whole numbers). 3 30 6 7 8 4 5 40 (enter your response as a whole number). 6 ॥ 70 9 10 70 7 20 10 11 8 D 12 50 9 10 11 12 10 70 50

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A factory has just received an order for 100 units of an end item, which are to be shipped at the start of week 8. Relevant information of the end item and the components is as follows. Item Lead Time (weeks) On Hand Inventory Scheduled receipts Order Policy Direct Components End item 2 30 lot for lot A(4), B(3), C(2) A 3 20 54 at week 3 lot for lot D(2) B 2 10 68 at week 4 lot for lot D(5) C 1 100 multiple of 60 D 1 20 min. of 500 Develop the material requirements plan (please print out an empty MRP table to work with), and determine what the "projected available balance" is for component D at week 8. Note:- Do not provide handwritten solution. Maintain accuracy and quality in your answer. Take care of plagiarism. Answer completely. You will get up vote for sure.