Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Le 5. Tabard Industries forecasted the following demand for n-So TO dboy War O star shin in rd one of its most profitable products
Le 5. Tabard Industries forecasted the following demand for n-So TO dboy War O star shin in rd one of its most profitable products for the next 8 weeks: 100, 100, 100, 80, 80, 80, 60, and 60 units. The booked customer orders for this product, starting in week I are: 90, 80, 50, 40, 20, 10, 0, and 0 units. The current on-hand inventory is 250 units, the order quantity is 200 units, and the lead time is one week. a. Develop an MPS for this product. b. The marketing department revised its forecast. Starting with week 1, the new forecasts are: 100, 100, 100, 120, 120, 120, 110, and 110 units. Assuming that the prospective MPS you developed in part (a) does not change, prepare a revised MPS record. Comment on the situation that Tab- ard now faces. c. Returning to the original forecasted demand level and the MPS record you developed in part (a), assume that marketing accepted a new customer order for 100 units in week 2, and thereby booked orders in week 2 is now 180 units. Assuming that the prospective MPS you de- veloped in part (a) does not change, prepare a revised MPS record. Comment on the situation that Tabard now faces. Open original the MPS record you developed in part (a), assume that
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started