Question
Problem 3: Develop a net material requirements plan for the TOL and HQ file cabinets in the previous problems assuming a current on-hand finished goods
Problem 3:
Develop a net material requirements plan for the TOL and HQ file cabinets in the previous problems assuming a current on-hand finished goods inventory of 100 TOL cabinets. The lead times are given below. Painting and final assembly of both HQ and TOL require 2 weeks. Both cabinet frames and lock assembly require 1 week for manufacturing. Both drawer assemblies require 2 weeks for assembly. Both sliding assemblies require 2 weeks for manufacturing. Bearings require 2 weeks to arrive from the supplier.
Problem 4:
If the TOL file cabinet has a gross material requirements plan as shown below, no inventory, and 2 weeks lead time is required for assembly, what are the order release dates and lot sizes when lot sizing is determined using lot-for-lot? Use a holding cost of $2.00 and a setup cost of $20.00, and assume no initial inventory.
Gross Material Requirements Plan | ||||||||||
Week | 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 |
TOL | 50 | 100 | 50 | 100 |
Problem 5: If the TOL file cabinet has a gross material requirements plan as shown below, no inventory, and 2 weeks of lead time is required for assembly, what are the order release dates and lot sizes when lot sizing is determined by EOQ (Economic Order Quantity)? Use a holding cost of $2.00 and a setup cost of $20.00, and assume no initial inventory.
Gross Material Requirements Plan | ||||||||||
Week | 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 |
TOL | 50 | 100 | 50 | 100 |
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