Using exponential smoothing, calculate the forecasts for months 2, 3, 4, 5, and 6. The smoothing constant is 0.2, and the old forecast for month 1 is 245. Month 1 2 3 4 5 6 Actual Demand 260 230 225...
A company is presently ordering on the basis of an EOQ. The demand is 10,000 units a year, unit cost is $10, ordering cost is $30, and the cost of carrying inventory is 20%. The supplier offers a...
Given the following fixed and variable costs and the volumes, calculate the total and unit costs. Fixed cost $200.00 $200.00 $50.00 $800.00 $500.00 Variable cost $8.00 $7.00 $15.00 $2.00 $20.00...
The Shades Sunglass Company assembles sunglasses from frames, which it makes, and lenses, which it purchases from an outside supplier. The sales department has prepared the following 6-week forecast...
MPS parent X has planned order releases of 30 in weeks 2 and 4. Given the following product tree, complete the MRP records for parts Y and Z. Quantities required are shown in brackets. Z(2) Y(1) X T...
What is the definition of waste as it is used in this text?
Complete the following table. Lead time for the part is 2 weeks, and the order quantity is 50. What action should be taken? Week Gross Requirements Projected Available Net Requirements Planned Order...
Given the following product tree, determine the low-level codes and the gross and net quantities for each part. There is a requirement for 100 As in week 4 and 50 Bs in week 5. There is a scheduled...
Complete the following table. Lead time for the part is 2 weeks. The lot size is 50. What is the projected available at the end of week 3? When is it planned to release an order? Week Gross...
The Fast Track Ski Shoppe sells ski goggles during the four months of the ski season. Average demand follows: a. Calculate the deseasonalized sales and the seasonal index for each of the four months....
Using the following product tree, determine the planned order receipts and planned order releases if 200 As are to be produced in week 5. All lead times are 1 week except for component E, which has a...