1. Answer the following questions based on the table below:

a. What does Lead Time mean? What impact does it have on the MRP table?

b. What does Order Quantity mean? What impact does it have on the MRP table?

c. What does LFL mean? What impact does it have on the MRP table?

d. What does On Hand mean?

e. What does Schedule Receipts mean? What impact does it have on the MRP table?

2. Based on the data in the figure and the table presented above, complete the following tables:

tem Lead Time Schedule Receipts 10 1st week B C 2 2 1 Order On Hand Quantity LFL 20 50 0 100 50 LFL 100 LFL 10 500 100 1 week 100 3 week D 3 E 2 The master production Schedule calls for production of 60 As in week 9 and 50 in week 10. Item - A Period 1 2 3 4 5 6 7 8 9 Level Code Lead Time - - Gross Requirements Schedule Receipts Projected Available / On hand Net Requirements Order Quantity - Schedule Receipt - Planned Order Receipt Planned Order Release Item - B Period 8 9 10 Level Code - Lead Time On hand Gross Requirements Schedule Receipts Projected Available / Net Requirements Planned Order Receipt Planned Order Release Order Quantity - Schedule Receipt - Item - C Period 10 - Gross Requirements Level Code Lead Time Schedule Receipts On hand Projected Available ! Net Requirements Order Quantity - Schedule Receipt - Planned Order Receipt Planned Order Release