Question: Answer part 2 and 3 please AQ5. (16 marks] A firm uses components A, B, and C to assemble a final product F: see the
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Answer part 2 and 3 please
AQ5. (16 marks] A firm uses components A, B, and C to assemble a final product "F": see the bill of materials in Figure 2. F A(2) B(2) B(3) Figure 2: Bill of materials used for Question AQ5. 1. (5 marks] You are required to fill in Table 1 to prepare a master schedule for product "F." Each time when the firm assembles the product, the firm always uses the fired lot size rule to make 50 units of "F. The firm's assembly time for product "F" is 1 week. The beginning inventory for "F" is 72 units; the forecast and promised customer orders for this end item are provided in Table 1. 7 8 30 30 Week 0 1 245 3 4 5 6 Forecast 30 30 25 25 40 40 Customer orders (committed) 28 32 20 16 10 5 (Ending Inventory Projected on-hand inventory 72 Net inventory before MPS MPS Receipt MPS Start Available-to-promise inventory (umcommitted) Table 1: MPS table for end item "F" in Question AQ5. Table 1: MPS table for end item "F" in Question AQ5. 2. (8 marks Use your master schedule in Table 1 to develop material requirements plans (MRPs) for components A and B. Note that you are required to finish the MRP table i.e., Table 2 on page 7-in which you can find the present on-hand quantity (i.e. the beginning inventory), lead time, lot-size policy, and scheduled receipts for each of components A and . 3. 3 marksCalculate the total inventory Aest for the end item F during the eight weeks. Note that, for each week, the inventory cost includes a fixed ordering cost and a holding cost. We assume that the per order fixed ordering cost is $200/order. and the unit holding cost is $1 per item per week. The fixed cost is incurred each time when the firm places an order. The holding cost is calculated according to the number of remaining items at the end of each week. AQ5. (16 marks] A firm uses components A, B, and C to assemble a final product "F": see the bill of materials in Figure 2. F A(2) B(2) B(3) Figure 2: Bill of materials used for Question AQ5. 1. (5 marks] You are required to fill in Table 1 to prepare a master schedule for product "F." Each time when the firm assembles the product, the firm always uses the fired lot size rule to make 50 units of "F. The firm's assembly time for product "F" is 1 week. The beginning inventory for "F" is 72 units; the forecast and promised customer orders for this end item are provided in Table 1. 7 8 30 30 Week 0 1 245 3 4 5 6 Forecast 30 30 25 25 40 40 Customer orders (committed) 28 32 20 16 10 5 (Ending Inventory Projected on-hand inventory 72 Net inventory before MPS MPS Receipt MPS Start Available-to-promise inventory (umcommitted) Table 1: MPS table for end item "F" in Question AQ5. Table 1: MPS table for end item "F" in Question AQ5. 2. (8 marks Use your master schedule in Table 1 to develop material requirements plans (MRPs) for components A and B. Note that you are required to finish the MRP table i.e., Table 2 on page 7-in which you can find the present on-hand quantity (i.e. the beginning inventory), lead time, lot-size policy, and scheduled receipts for each of components A and . 3. 3 marksCalculate the total inventory Aest for the end item F during the eight weeks. Note that, for each week, the inventory cost includes a fixed ordering cost and a holding cost. We assume that the per order fixed ordering cost is $200/order. and the unit holding cost is $1 per item per week. The fixed cost is incurred each time when the firm places an order. The holding cost is calculated according to the number of remaining items at the end of each weekStep by Step Solution
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