Question: E A company wishes to develop a materials requirements plan for producing a particular product (product A) over a seven week period. The lead time

E A company wishes to develop a materials
E A company wishes to develop a materials
E A company wishes to develop a materials requirements plan for producing a particular product (product A) over a seven week period. The lead time between releasing an order to the shop floor and producing a unit of product A is two weeks. The company currently has 250 units of the product in stock. The table below shows the forecast demand for product A in each of the next seven weeks. For example, the demand for product A in week 4 is 87 units. Copy the table shown below into your answer book and fill in the missing values. Your answer should clearly explain the logic behind deciding the values you have entered. (10 marks) Week Demand On-hand at end of week Order 1 2 3 | 4 | 5 6 7 74 90 71 87 99 83 57 A news vendor buys a monthly magazine from a publisher for a unit price of 5.55 and sells it to members of the public for 7.50. Any magazines left over at the end of the month are returned to the publisher and for each magazine returned the news vendor receives 0.50. Past experience indicates that the demand for this magazine from members of the public is expected to have a Normal distribution with mean 80 copies and variance 21. By making use of the table associated with the standard Pormal distribution (with mean zero and variance one) presented at the end of this examination paper what would be your advice as to how many copies the news vendor should order from the publisher? (4 marks) Page 8 of 10 0123 Tools Table Window Help we MN2032 ZB final for UOL - Compatibility Mode-Saved to my Mac Mailings Review View Tell me Design Layout References Share 12 Aa A AaBbced Aabend AaBbced ex X A Sy Pan Page 3 of 10 UL210123 (c) A company purchases a particular componentom nemal supplier. The company needs 6 units per month of this component. The cost of placing an order with the supplier is 25. The component can be purchased from the supplier at a price per unit of Codesed the supplier also offers a quantity discount such that the company nough to supply their needs for a year of more the priceperunt only 400 The cost of holding this component per year is estimated to be 10% of the price Copy the table shown below into your answer back and in the soured Clearly explain any procedure you following your audio particular the reason as to why you consider each and every order costed in your 11 mars Recommended ordentlic20 words English (United States English (United Kingdom Focus dedicated support category set up for your exam, available on the day of your exam 20 sty A 09 MacBook Pro 8 u $ % &

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