Question: Complete the MRP record for a bicycle frame using a L4L lot-sizing strategy. Repeat using a fixed order quantity of 100 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 100 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.) Part Name: Bicycle frame MRP Record Lead time = 2 weeks On-hand = 0 Safety stock = 0 Order quantity: L4L Gross requirements Scheduled receipts Available inventory Net requirements Planned order receipts Week 1 70 70 Week 2 50 Week 3 80 Week 4 80 0 Week 5 70 0 Week 6 60 Week 7 80 0 Week 8 80 50 0 0 0 Planned order releases Part Name: Bicycle frame Week 3 MRP Record Lead time - 2 weeks On-hand = 0 Safety stock = 0 Order quantity: FOQ = 100 Gross requirements Scheduled receipts Available inventory Net requirements Planned order receipts Planned order releases Week 1 70 Week 2 50 100 Week 4 80 Week 5 70 Week 6 60 Week 7 80 Week 8 80 100 0 0 0 0 0 0

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