Question: Homework Assignment 2 1. Suppose demand for a power steering gear assembly is given by Period 1 2 3 4 5 6 7 Demand 50

Homework Assignment 2 1. Suppose demand for a power steering gear assembly is given by Period 1 2 3 4 5 6 7 Demand 50 70 40 45 0 0 35 8 0 9 40 10 30 Currently there are 150 parts on hand. Production is planned by using the fixed order period method with one order encompassing demand from 2 periods. The lead time is 2 periods. (a) Determine the planned order release schedule. What are the 'net requirements' in period 3? (b) What are the planned order releases' in period 72 Note this question asks about order releases, not order receipts

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