Draw the structure if product type A of bracelets.

Based on the product structure you have drawn, what is the number of units of each material needed should be before you contact

purchasing department?

This assigned project aims to enable a student analyres the given quantitative information, use mathematical models/formalas taught in a class to solve a set of connected questions of some topics such as forecasting, capacity requirements planning, inventory, bill of materials in MRR, scbeduling, etc.), and then draw general conclusions. By doing so, a student can apply course concepts to enhance quantitative reasoning abilities or skills for effective decision making. Jewelry manufacturing industrics are mostly labor-intensive industries that need high operator involvement. Jewelry items such as brooches, rings, bracelets, earrings, ete, are meant for adomment and can be wom by persons. A jewelry company reveals the following prodoction information as shown in Table 1 including the different types of each product nume, processing times and due dates. The production department does not consider product setup times on machines for its nroduction. I2ble 1. Processing times and due dates of product types The receiving department at the company orders materials for producing each finubed product type. For. example, ooe unit of product type A of bracelets requires one unit of material type Al, theee units of material type A2 and two units of material A3. Further, esch unit of material A2 needs one unit of The receiving department at the company orders materials for producing each finished product type. For example, one unit of product type A of bracelets requires one unit of material type Al, three units of material type A2 and two units of material A3. Further, each unit of material A2 needs one unit of material A21, one unit of material A3 needs three units of A31, and finally one unit of material A31 needs five units of material A311. Moreover, the purchase costs and quality (quality scale is out of 100) of materials required from suppliers to build the finished product are shown in Table 2 . Table 2. Purchase costs and quality of materials The production manager sets each machine to be available for 2000 hours per year (i.e., a department works one 8 -hour shift per day, 250 days per year). Each machine costs $15000. Additionally, the marketing department brings the following customer demand information about product type A of bracelets as shown in Table 3. Table 3. Available customer demand values Finally, the management of inventory at the company, that plays a great role in the function of meeting the customer demand and smoothing production requirements, estimates the following: - Setup costs per order include $150 and $200 for both fixed cost transportation (trucking) and other order expenses, respectively. - Annual holding cost is 6% of the cost per unit of product type A of bracelets. - Shortage cost is 25% of the cost per unit of product type A of bracelets. - Lead time is one month. - Demand rate is assumed to be 470 unit per month - Starting (beginning) inventory for January is 1500 units. - No safety stock is specified