Question: Material Requirements Planning. In this problem set the parameters for planning will be adjusted. Complete each set of calculations and record the observations as requested.
- Material Requirements Planning. In this problem set the parameters for planning will be adjusted. Complete each set of calculations and record the observations as requested.
a. Complete the Material Requirements Planning grid below given the following information:
Beginning inventory = 2 units Lot Size = 50 units
Lead time = 1 period
| Period | ||||||
| 1 | 2 | 3 | 4 | 5 | 6 | |
| Gross Requirements | 20 | 20 | 40 | 30 | 30 | 30 |
| Scheduled Receipts | 50 | |||||
| Projected Available Balance | ||||||
| Planned Order Receipt | ||||||
| Planned Order Release |
b. Complete the Materials Requirements Planning grid below given the following information:
Beginning inventory = 2 units Lot Size = 100 units
Lead time = 1 period Safety Stock = 0 units
| Period | ||||||
| 1 | 2 | 3 | 4 | 5 | 6 | |
| Gross Requirements | 20 | 20 | 40 | 30 | 30 | 30 |
| Scheduled Receipts | 50 | |||||
| Projected Available Balance | ||||||
| Planned Order Receipt | ||||||
| Planned Order Release |
c. Complete the Materials Requirements Planning grid below given the following information:
Beginning inventory = 2 units Lot Size = 50 units
Lead time = 1 period Safety Stock = 15 units
| Period | ||||||
| 1 | 2 | 3 | 4 | 5 | 6 | |
| Gross Requirements | 20 | 20 | 40 | 30 | 30 | 30 |
| Scheduled Receipts | 50 | |||||
| Projected Available Balance | ||||||
| Planned Order Receipt | ||||||
| Planned Order Release |
d. After completing the adjustments made to the original plan in parts B and C. Which change impacted the plan the most?
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
Study Help