Question

In: Operations Management

The partially completed inventory record for the driveshaft subassembly in the table below shows gross? requirements,...

The partially completed inventory record for the driveshaft subassembly in the table below shows gross? requirements, scheduled? receipts, lead? time, and current? on-hand inventory.

a. Complete the last three rows of the record for an FOQ of

50

units. ?(Enter your responses as integers. A response of? "0" is equivalent to being not? applicable.)

?Item: Driveshaft subassembly

Lot? Size:

FOQequals=50

units

Lead? Time: 3 weeks

Week

1

2

3

4

5

6

7

8

Gross

requirements

30

25

20

15

30

30

50

50

Scheduled

receipts

75

Projected? on-hand

inventory

10

Planned

receipts

b. Complete the last three rows of the record by using the L4L? lot-sizing rule.

c. Complete the last three rows of the record by using the POQ? lot-sizing rule, with

Pequals=4.

Solutions

Expert Solution

Please find below filled up MRP table for both L4L as well as POQ rule.

For L4L:

Projected on hand inventory for period t = Projected on hand inventory for period t-1 + Scheduled receipt for period t – Gross requirement for period t( Provided Projected on hand inventory for period t > = 0)

In case Projected on hand inventory for period t <0as per above calculation , in such case:

Planned order receipt for period t = Gross requirement for period t – Scheduled receipt for period t – Projected on hand inventory for period t-1

Lot sizing rule = L4L

Driveshaft subassembly

1

2

3

4

5

6

7

8

Gross requirement

30

25

20

15

30

30

50

50

Scheduled receipt

75

0

0

0

0

0

0

0

Projected on hand inventory: 10

55

30

10

0

0

0

0

0

Planned order receipt

0

0

0

5

30

30

50

50

For POQ ( period order quantity ) = 4 :

Calculation for Projected on hand inventory for period t = same as above In case Projected on hand inventory for period t <0as per above calculation , in such case:

Planned order receipt for period t = Sum of gross requirements for periods ( t, t+1 , t+2 , t+3 ) – Scheduled receipt for period t – Projected on hand inventory for period t-1

Lot sizing rule =POQ of 4

Driveshaft subassembly

2

3

4

5

6

7

8

Gross requirement

30

25

20

15

30

30

50

50

Scheduled receipt

75

0

0

0

0

0

0

0

Projected on hand inventory: 10

50

30

10

110

80

50

0

0

Planned order receipt

0

0

0

115

0

0

0

50


Related Solutions

Using the partially completed analysis of variance and table of means provided below, answer the following...
Using the partially completed analysis of variance and table of means provided below, answer the following questions. Use the .05 significance level. All three groups have the same sample size. Source SS df MS F Treatment 4.3669 Error 9.03 Total 29 Group A B C sample mean 278.3 275.4 274.5 10. Find the value of LSD for comparing Groups A and B. 11. Is the difference between groups A and B significant? yes no maybe? Antidisestablishmentarianism 12. What's the value...
1. Consider the partially completed​ one-way ANOVA summary table below. ​a) Complete the remaining entries in...
1. Consider the partially completed​ one-way ANOVA summary table below. ​a) Complete the remaining entries in the table. ​b) How many population means are being​ tested? ​c) Using alphaαequals=0.05​, what conclusions can be made concerning the population​ means? Source Sum of Squares Degrees of Freedom Mean Sum of Squares F Between ​? 33 ​? ​? Within 96 ​? ​? Total 165 19 Click the icon to view a table of critical​ F-scores for alphaα equals=0.05 ​a) Complete the ANOVA table...
Use the accompanying partially completed​ two-way ANOVA summary table to complete parts a through e below....
Use the accompanying partially completed​ two-way ANOVA summary table to complete parts a through e below. Click the icon to view the table. ​ a) Complete the​ two-way ANOVA table below. Source Sum of Squares Degrees of Freedom Mean Sum of Squares    F Factor A    140 2    ? ? Factor B    ?    2 ? ? Interaction 20    ?    ? ? Error 36 ? Total 700 44 ​(Type integers or​ decimals.) ​ b) How...
Enter the following record into the Inventory table using data listed below: Make Model Yr Description...
Enter the following record into the Inventory table using data listed below: Make Model Yr Description CarCondition Cost Selling Price Date Arrived Date Sold RepNumber Pontiac Grand Am 2005 4-Door, Red Excellent $8,000 $9,990 5/5/08 6/1/08 1 Lincoln Town Car 2001 2-Door, White Good $5,500 $5,995 4/15/08 4/20/08 3 Chevrolet Cavalier 2005 4-Door, Blue Excellent $7,000 5/15/08 Toyota Corolla 2001 4-Door, Black Fair $4,000 $4,500 5/1/08 Ford Tempo 2002 2-Door, Red Poor $2,000 $2,300 5/5/08 Chevrolet Lumina 2005 2-Door, White...
Gross profit method of estimating inventory. Leia completed a physical inventory on 12-31-18. On the basis...
Gross profit method of estimating inventory. Leia completed a physical inventory on 12-31-18. On the basis of her count, Leia determined her ending inventory to be $416,750. In recent years, Leia's gross profit equaled 64% of Leia’s selling price. Additional information from Leia’s accounting records identified the following: Inventory, 12-31-17                                                                                                             $320,000 Purchases during 2018                                                                                                     $1,208,000 Purchase returns during 2018                                                                                               $44,000 Purchase discounts during 2018                                                                                            $9,664 Sales during 2018                                                                                                              $3,066,000 Sales returns during 2018                                                                                                   $160,000 Leia suspects some inventory is missing. Leia used the gross profit method...
The following table shows the record of the weight of all boxes in an EMS delivery...
The following table shows the record of the weight of all boxes in an EMS delivery truck. Weight of box (lb) No. of boxes 1-10 8 11-20 7 21-40 5 a) If you randomly select 8 boxes from this truck without replacing the box after each pick, what is the probability that at least 6 of them are 10 pounds or lighter? b) If you randomly select 8 boxes from this truck with replacing the box after each pick, what...
Consider the following partially completed two-way ANOVA table. Suppose there are 4 levels of Factor A...
Consider the following partially completed two-way ANOVA table. Suppose there are 4 levels of Factor A and 2 levels of Factor B. The number of replications per cell is 4. Use the 0.01 significance level. (Hint: estimate the values from the F table.) Complete an ANOVA table. (Round MS and F to 2 decimal places.) Sources: Factor A, Factor B, Interaction, Error, total. SS: 70, 50, 210, 400, 730 Find the critical values to test for equal means. (Round your...
Consider the following partially completed two-way ANOVA table. Suppose there are 2 levels of Factor A...
Consider the following partially completed two-way ANOVA table. Suppose there are 2 levels of Factor A and 3 levels of Factor B. The number of replications per cell is 3. Use the 0.01 significance level. (Hint: estimate the values from the F table.) Complete an ANOVA table. (Round MS and F to 2 decimal places.) SS df MS F Factor A 100 Factor B 30 Interaction 250 Error 200 Total 580 Find the critical values to test for equal means....
Consider the following partially completed two-way ANOVA table. Suppose there are four levels of Factor A...
Consider the following partially completed two-way ANOVA table. Suppose there are four levels of Factor A and three levels of Factor B. The number of replications per cell is 5. Use the 0.05significance level. (HINT: estimate the values from the F table) A) Complete the ANOVA Table (Round MS to 1 decimal point, Round the other values to the nearest whole number.) Source SS dF MS F Factor A 75 Factor B 25 Interaction 300 Error 600 Total 1000 b)...
A condensed balance sheet for Simultech Corporation and a partially completed vertical analysis are presented below....
A condensed balance sheet for Simultech Corporation and a partially completed vertical analysis are presented below. Required: 1. Complete the vertical analysis by computing each missing line item as a percentage of total assets. 2-a. What percentage of Simultech’s total assets relate to inventory? 2-b. What percentage of Simultech’s total assets relate to property and equipment? 2-c. Which of these two asset groups is more significant to Simultech’s business? 3. What percentage of Simultech’s assets is financed by total stockholders'...
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT