Question: Suppose we are formulating a Master Production Schedule (MPS) for an item. Week O projected on- hand is 76 units. The lot-size policy for

Suppose we are formulating a Master Production Schedule (MPS) for an item. 

Suppose we are formulating a Master Production Schedule (MPS) for an item. Week O projected on- hand is 76 units. The lot-size policy for this item calls for L4L ordering. Lead time for this item is one week. There are no safety stock requirements. Here are the demand forecast and the booked orders for this item ... Week 1 Forecast 60 Booked 64 2 3 45 47 45 30 4 45 10 0 5 45 6 60 0 What will be the order size of the first MPS Start Quantity that is needed?

Step by Step Solution

3.43 Rating (156 Votes )

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock

To determine the order size for the first MPS start quantity we need to calculate the net requiremen... View full answer

blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!