Question: [Chapter 14] Net Material Requirements Plan A manufacturing company has a master production plan for an item as shown in the table below. The following

[Chapter 14] Net Material Requirements Plan A[Chapter 14] Net Material Requirements Plan A[Chapter 14] Net Material Requirements Plan A

[Chapter 14] Net Material Requirements Plan A manufacturing company has a master production plan for an item as shown in the table below. The following information is also given: Inventory holding cost is $10 per unit per week. Setup (Ordering) cost is $150 per setup (order). Beginning on-hand inventory is 80 units. Lead time is 2 weeks. Lot-for-lot is used as the lot-sizing technique. MRP Lot Sizing: Lot-for-Lot Technique Week 1 2 3 4 5 6 7 8 9 10 Gross requirements 200 100 150 200 Scheduled receipts Projected on-hand inventory 80 Net requirements Planned order receipts Planned order releases Holding cost = $10 per unit per week; Setup cost = $150 per setup; Lead time = 2 weeks Write your final answer only (without intermediate steps) for the fill-in-the-blank questions. Question 48 (3 points) AJ In Week 2: Planned order releases = units. Round the final answer (if it is not an integer) to the nearest integer. Question 49 (4 points) In Week 4: Projected on-hand inventory = 4 units; Net requirements = A/ units; Planned order receipts = AJ units; Planned order releases = A units. Round the final answer (if it is not an integer) to the nearest integer. Question 50 (4 points) In Week 6: Projected on-hand inventory = A units; Net requirements = AJ units; Planned order receipts = AJ units; Planned order releases = A units. Round the final answer (if it is not an integer) to the nearest integer. Question 51 (4 points) In Week 8: Projected on-hand inventory = A units; Net requirements = units; Planned order receipts = units; Planned order releases = A/ units. Round the final answer (if it is not an integer) to the nearest integer. Question 52 (6 points) For the 10-week planning period, total inventory holding cost = $ A Round the final answer (if it is not an integer the nearest integer. Question 53 (6 points) For the 10-week planning period, total ordering (setup) cost = $ A . Round the final answer (if it is not an integer) to the nearest integer

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!