Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Tabard Industries forecasted the following demand for one of its most profitable products for the next 8 weeks: 1 2 0 , 1 2 0
Tabard Industries forecasted the following demand
for one of its most profitable products for the next weeks: and units. The booked customer orders for this product, starting in week are and units. The current onhand inventory is units, the order quan tity is units, and the lead time is week.
a Develop an MPS for this product.
b The marketing department revised its forecast. Starting with week the new forecasts are and units. Assuming that the prospective MPS you developed in part
a does not change, prepare a revised MPS record. Comment on the situation that Tabard 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 units in week and thereby booked orders in week now total units. Assuming that the prospective MPS you developed in part a does not change, prepare a revised MPS record. Comment on the situation that Tabard now faces.
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