Assignment PANN. Employee Shannes F Arth Model 1000 master schedule Week Demand 15 5 7 10...

 

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Assignment PANN. Employee Shannes F Arth Model 1000 master schedule Week Demand 15 5 7 10 Crankcase Model 1000 product structure 15 20 10 Engine assembly Gear box Lead time = 2 weeks Used: 1 per engine Input shaft Lead time = 3 weeks Used: 2 per gear box 1. Initially, assume that Phil wants to minimize his inventory requirements. Assume that each order will be only for what is required for a single pe- riod. Using the following forms, calculate the net requirements and planned order releases for the gear boxes and input shafts. Assume that lot sizing is done using lot-for-lot. 2. Phil would like to consider the costs that his ac- countants are currently using for inventory 8 2 Part Gear Box 12 carrying and setup for the gear boxes and input shafts. These costs are as follows: Input Shaft 16 Cost Setup = $90/order Inventory carrying cost = $2/unit/week Setup = $45/order Inventory carrying cost = $1/unit/week Given the cost structure, evaluate the cost of the schedule from (1). Assume inventory is valued at the end of each week. 3. Find a better schedule by reducing the number of orders and carrying some inventory. What are the cost savings with this new schedule? Assignment PANN. Employee Shannes F Arth Model 1000 master schedule Week Demand 15 5 7 10 Crankcase Model 1000 product structure 15 20 10 Engine assembly Gear box Lead time = 2 weeks Used: 1 per engine Input shaft Lead time = 3 weeks Used: 2 per gear box 1. Initially, assume that Phil wants to minimize his inventory requirements. Assume that each order will be only for what is required for a single pe- riod. Using the following forms, calculate the net requirements and planned order releases for the gear boxes and input shafts. Assume that lot sizing is done using lot-for-lot. 2. Phil would like to consider the costs that his ac- countants are currently using for inventory 8 2 Part Gear Box 12 carrying and setup for the gear boxes and input shafts. These costs are as follows: Input Shaft 16 Cost Setup = $90/order Inventory carrying cost = $2/unit/week Setup = $45/order Inventory carrying cost = $1/unit/week Given the cost structure, evaluate the cost of the schedule from (1). Assume inventory is valued at the end of each week. 3. Find a better schedule by reducing the number of orders and carrying some inventory. What are the cost savings with this new schedule?

Answer rating: 100% (QA)

1 In the given question there is no initial inventory and scheduled receipts Accordingly MRPs of Gea... View the full answer