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The following MPS is given for a product. Complete the following MPS table for a level production plan with minimum average inventory level , safety
The following MPS is given for a product.
- Complete the following MPS table for a level production plan with minimum average inventory level, safety stock of 10 and lot size of 40. Generate a MRP record for this item assuming 25 scheduled receipt in the first period, and lead time of 1 period.
- Complete the following MPS table for a chase production plan with minimum average inventory level, safety stock of 10 and lot size of 40. Generate a MRP record for this item assuming 25 scheduled receipt in the first period, and lead time of 1 period.
- Compare the level and chase plans and comments on the pros and cons of each.
| Period | 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 |
| Forecast | 20 | 20 | 20 | 20 | 40 | 40 | 40 | 40 | 30 | 30 |
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| On Hand | 10 |
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