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The following time-phasing chart is available for a single item within an MRP system. Complete this chart by estimating inventory on hand and planned order
The following time-phasing chart is available for a single item within an MRP system. Complete this chart by estimating inventory on hand and planned order release values. Lead time is 2 weeks, and order policy is 100 units, which means this part can be ordered only in 100-unit batches. Inventory replenishment is JIT; lead times ar negligible. Week Number Gross Requirements Scheduled Receipt Inventory on Hand Planned Order Release 1 100 2 3 80 4 95 5 6 110 7 8 9 50 10
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