Question: Problem 3 : An end product is being produced in a large manufacturing plant. The bill of material diagram is as follows: The lead time
Problem :
An end product is being produced in a large manufacturing plant. The bill of material diagram is as follows:
The lead time is given in weeks.
The MPS schedule for this end product for the following four weeks, ten weeks from now is as follows:
tableWeek Week Week Week
The fixed order cost is $ for all the units, and the holding cost is $unitweek for all the units.
a Assuming the silver meal lot production for all the components, determine the planned order releases for component
b Suppose the production capacity for item is units per week. If we start producing at week is it possible to find a planned order release without backordering? If backordering is allowed at a cost of $ unititem formulate a mathematical program that minimize the total cost from item C
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