Question: Material requirements planning (MRP) system problem Part 1 - (Use any assumptions if need it) . Using the data below apply 3 lot-sizing rules (FOQ,

Material requirements planning (MRP) system

Material requirements planning (MRP) system problem Part 1 - (Use any assumptions if need it) . Using the data below apply 3 lot-sizing rules (FOQ, POQ and L4L) Estimate the holding cost Estimate the ordering cost Use EOQ for FOQ and POQ . DATA: PRODUCT STRUCTURE DIAGRAM ITEM NO 1 2 A BILL OF MATERIALS QTY LEVEL LEAD TIME 1 0 2 2 1 1 2 1 1 4 2 1. 3 2 1 PART NO B D E 2 ON HAND INVENTORY 240 500 340 500 600 LOT SIZES 613 1226 1839 2452 1839 3 B C 4 4 5 5 E WEEK WEEKLY NET REQUIREMENTS 6 1 400 MASTER SCHEDULE 2 3 4 350 300 450 5 300 7 225 8 525 450 COSTS ASSOCIATED INVENTORY LEVELS OF COMPONENTS ITEM INVENTORY ITEM A B 240 500 340 500 600 A B COST PER UNIT 200 65 35 SET UP COST 500 400 350 D 05 D E 430 400 E 15 Material requirements planning (MRP) system problem Part 1 - (Use any assumptions if need it) . Using the data below apply 3 lot-sizing rules (FOQ, POQ and L4L) Estimate the holding cost Estimate the ordering cost Use EOQ for FOQ and POQ . DATA: PRODUCT STRUCTURE DIAGRAM ITEM NO 1 2 A BILL OF MATERIALS QTY LEVEL LEAD TIME 1 0 2 2 1 1 2 1 1 4 2 1. 3 2 1 PART NO B D E 2 ON HAND INVENTORY 240 500 340 500 600 LOT SIZES 613 1226 1839 2452 1839 3 B C 4 4 5 5 E WEEK WEEKLY NET REQUIREMENTS 6 1 400 MASTER SCHEDULE 2 3 4 350 300 450 5 300 7 225 8 525 450 COSTS ASSOCIATED INVENTORY LEVELS OF COMPONENTS ITEM INVENTORY ITEM A B 240 500 340 500 600 A B COST PER UNIT 200 65 35 SET UP COST 500 400 350 D 05 D E 430 400 E 15

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