Question: Saved Complete the MRP record for a bicycle frame using a L4L lot-sizing strategy. Repeat using a fixed order quantity of 113 frames. Compare and

Saved Complete the MRP record for a bicycle frame using a L4L lot-sizing strategy. Repeat using a fixed order quantity of 113 frames. Compare and contrast the results. What are the benefits and drawbacks to each approach? Note that scheduled receipts exist in Week 1 and Week 2 as shown in the answer table below. (Leave no cells blank - be certain to enter "0" wherever required.) pictureClick here for the Excel Data File Part Name: Bicycle frame Week 1 Week 2 Week 3 Week 4 Week 5 Week 6 Week 7 Week 8 MRP Record Lead time = 2 week On hand = 0 Safety stock = 0 Order quantity: L4L Gross requirements Scheduled receipts Available inventory Net requirements Planned order receipts Planned order releases 70 70 63 63 93 93 93 83 000 73 0 83 0 0 Part Name: Bicycle frame Week 1 Week 2 Week 3 Week 4 Week 5 Week 6 Week 7 Week 8 MRP Record Lead time = 2 week On hand = 0 Safety stock = 0 Order quantity: FOQ - 113 Gross requirements Scheduled receipts Available inventory Net requirements Planned order receipts Planned order releases 63 70 113 93 0 93 0 83 0 73 0 83 0 93 0 113 Complete the MRP record for a bicycle frame using a L4L lot-sizing strategy. Repeat using a fixed order quantity of 113 frames. Compare and contrast the results. What are the benefits and drawbacks to each approach? Note that scheduled receipts exist in Week 1 and Week 2 as shown in the answer table below. (Leave no cells blank - be certain to enter "o" wherever required.) pictureClick here for the Excel Data File MRP Record Part Name: Bicycle frame Lead time = 2 week On hando Week 1 Safety stock = 0 Week 2 Week 3 Week 4 Week 5 Week 6 Week 7 Week 8 Order quantity: L4L Gross requirements 70 63 93 93 83 73 83 93 Scheduled receipts 70 0 0 0 0 0 Available inventory Net requirements Planned order receipts Planned order releases 63 0 Part Name: Bicyclo frame Week 1 Week 2 Week 3 Week 4 Week 5 Week 6 Week 7 Week 8 MRP Record Lead time 2 week On hand Safety stock=0 Order quantity: FOQ 113 Gross requirements Scheduled receipts Available inventory Net requirements Planned order receipts Planned order releases 70 113 63 113 93 0 93 0 83 0 73 0 83 0 93 0

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