Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

An end item's demand forecasts for the next 6 weeks are 35 units, followed by forecasts of 30 units for weeks 7 though 10. The

An end item's demand forecasts for the next 6 weeks are 35 units, followed by forecasts of 30 units for weeks 7 though 10. The current on-hand inventory is 70units. The order policy is to produce in lots of 120.The booked customer orders for the item, starting with week 1, are 17, 35, 15, 15, 0, 0, 10, 0, 0, and 0 units. The lead time is 2 weeks.

a. Develop an MPS for this end item. (Enter your responses as integers. A response of "0" is equivalent to being not applicable.)image text in transcribed

1 35 17 2 35 3 35 4 35 Lot Size: 120 Lead Time: 2 weeks Week 5 6 7 35 35 30 0 8 30 9 30 70 Forecast Customer orders (booked) Projected on-hand inventory MPS quantity MPS start ATP 000 olan OO000 b. The marketing department has received six orders for this item in the following sequence: > Order 1 is for 60 units to be delivered in period 3. > Order 2 is for 50 units to be delivered in period 4. > Order 3 is for 70 units to be delivered in period 6. > Order 4 is for 40 units to be delivered in period 3. > Order 5 is for 5 units to be delivered in period 5. > Order 6 is for 30 units to be delivered in period 9. Assuming that the prospective MPS you developed in part (a) does not change, which orders would you be able to accept based on the available to promise (ATP)? Order Order Acceptance Enter your answer in each of the answer boxes

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Monitoring And Auditing Practices For Effective Compliance

Authors: John E. Steiner

2nd Edition

0977843017, 978-0977843015

More Books

Students also viewed these Accounting questions