Complete the MRP record for a bicycle frame using a L4L lot-sizing strategy. Repeat using a fixed order quantity of 112 frames. Compare and contrast the results. What are the benefits and drawbacks to each approach? Note that scheduled receipts exist in Week 1 and Week 2 as shown in the answer table below. (Leave no cells blank - be certain to enter "0" wherever required.)

Complete the MRP record for a bicycle frame using a L4L lot-sizing strategy. Repeat using a fixed order quantity of 112 frames. Compare and contrast the results. What are the benefits and drawbacks to each approach? Note that scheduled receipts exist in Week 1 and Week 2 as shown in the answer table below. (Leave no cells blank - be certain to enter "O" wherever required.) ? Click here for the Excel Data File Part Name: Bicycle frame Week 1 Week 2 Week 3 Week 4 Week 5 Week 6 Week 7 Week 8 MRP Record Lead time = 2 week On hand = 0 Safety stock = 0 Order quantity: L4L Gross requirements Scheduled receipts Available inventory Net requirements Planned order receipts 70 62 92 92 82 72 82 92 70 62 0 O 0 0 0 0 Planned order releases MRP Record Part Name: Bicycle frame Week 1 Week 2 Week 3 Week 4 Week 5 Week 6 Week 7 Week 8 70 62 92 92 82 72 82 92 Lead time = 2 week On hand = 0 Safety stock = 0 Order quantity: FOQ = 112 Gross requirements Scheduled receipts Available inventory Net requirements Planned order receipts 112 112 0 0 0 0 0 0 Planned order releases