Question: Could you explain planned order time phasing chart specifically? The following time-phasing chart is available for a single item within an MRP system. Complete this
Could you explain planned order time phasing chart specifically?
- The following time-phasing chart is available for a single item within an MRP system. Complete this chart by estimating inventory on hand and planned order release values. Lead time is 2 weeks, and order policy is 100 units, which means this part can be ordered only in 100-unit batches. Inventory replenishment is JIT; lead times are negligible.
Week Number12345678910Gross Requirements809511050Scheduled Receipt100Inventory on HandPlanned Order Release
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