Question: Complete the MRP record for a bicycle frame using a L4L lot-sizing strategy. Repeat using a fixed order quantity of 119 frames. Compare and contrast

Complete the MRP record for a bicycle frame using

Complete the MRP record for a bicycle frame using a L4L lot-sizing strategy. Repeat using a fixed order quantity of 119 frames. Compare and contrast the results. What are the benefits and drawbacks to each approach? (Leave no cells blank - be certain to enter "0" wherever required.) MRP Record Part Name: Bicycle frame Week 1 Week 2 Week 3 Week 4 Week 5 Week 6 Week 7 Week 8 Lead time = 2 week On hand = 0 Safety stock = 0 Order quantity: L4L Gross requirements Scheduled receipts Available inventory Net requirements 70 69 99 99 89 79 89 99 70 69 0 0 0 0 0 0 Planned order receipts Planned order releases MRP Record Part Name: Bicycle frame Lead time = 2 week On hand = 0 Safety stock = 0 Order quantity: FOQ = 119 Week 1 Week 2 Week 3 Week 4 Week 5 Week 6 Week 7 Week 8 70 69 99 99 89 79 89 99 Gross requirements Scheduled receipts Available inventory 119 119 0 0 0 0 0 0 Net requirements Planned order receipts Planned order releases

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