Worldwide Can-Openers, Inc., makes a family of two hand-operated can openers. The production plan is based on
Question:
Worldwide Can-Openers, Inc., makes a family of two hand-operated can openers. The production plan is based on months. There are 4 weeks in this month. Opening inventory is 2000 dozen, and it is planned to increase that to 4000 dozen by the end of the month.
The MPS is made using weekly periods. The forecast and projected available balance for the two models follow. The lot size for both models is 1000 dozen. Calculate the production plan and the MPS for each item.
Week 1 2 3 4 Total Forecast 3000 3500 3500 4000 Projected Available Balance 2000 Production Plan Week 1 2 3 4 Total Forecast 2000 2000 2500 2000 Projected Available Balance 1500 MPS Week 1 2 3 4 Total Forecast 1000 1500 1000 2000 Projected Available Balance 500 MPS LO,1
Step by Step Answer:
Introduction To Materials Management
ISBN: 9780132337618
6th Edition
Authors: J. R. Tony Arnold, Chapman, Stephen N., Lloyd M. Clive