Question: Below is an example to help Complete the MPS record below for a single item. (Enter your responses as integers. A response of O is

Below is an example to help Complete the MPS

Below is an example to help

Below is an example to help Complete the MPSBelow is an example to help Complete the MPSBelow is an example to help Complete the MPS

Complete the MPS record below for a single item. (Enter your responses as integers. A response of "O" is equivalent to being not applicable.) Item: A January Order Policy: 100 units Lead Time: 1 week February Week Quantity on Hand: 75 1 3 4 5 7 8 2 60 6 45 70 70 50 45 45 55 40 15 85 0 40 70 0 0 Forecast Customer orders (booked) Projected on-hand inventory MPS quantity DO The projected on-hand inventory balance for a week is equal to the previous inventory on-hand minus the projected requirements for the week plus any MPS quantity. The projected requirements for a week are the greater of that week's forecast or customer orders. MPS quantity is scheduled only when needed to prevent the projected on-hand inventory from becoming zero or less, and come in increments according to the order policy. To determine projected on-hand inventory and MPs quantity for week 1, start with the quantity on hand and subtract the week 1 projected requirements. If this value is not negative, enter it as the projected on-hand inventory and enter for the MPS quantity; otherwise, enter 100 (the order policy) into the MPS quantity row and enter the value plus 100 for the projected on-hand inventory. Complete the Projected on-hand inventory row and MPS quantity row for week 1. Item: A Order Policy: 100 units Lead Time: 1 week January February Quantity Week on Hand: 90 5 Forecast 65 45 50 50 45 Customer orders 45 85 (booked) Projected on-hand 25 inventory MPS quantity 1 2 3 4 6 7 8 60 65 45 15 0 35 75 0 0 To determine projected on-hand inventory and MPS quantity for week 2, start with the projected on-hand inventory for week 1 and subtract the week 2 projected requirements. If this value is not negative, enter it as the projected on-hand inventory and enter for the MPS quantity; otherwise, enter 100 (the order policy) into the MPS quantity row and enter the value plus 100 for the projected on-hand inventory. Complete the projected on-hand inventory row and MPS quantity row for week 2. Item: A Order Policy: 100 units Lead Time: 1 week January February Quantity Week on Hand: 90 2 3 4 5 6 7 8 Forecast 60 65 45 45 Customer orders 85 0 35 75 0 (booked) Projected on-hand inventory MPS quantity 0 100 1 65 45 50 50 45 15 0 25 65 Now repeat the process to fill in the remaining columns. Item: A January Quantity on Hand: 90 Order Policy: 100 units Lead Time: 1 week February Week 5 6 7 45 50 50 1 3 4 2 60 8 45 65 65 45 45 15 85 0 35 75 0 0 Forecast Customer orders (booked) Projected on-hand inventory MPS quantity 25 65 80 35 90 15 65 20 0 100 100 0 100 0 100 0

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