In: Operations Management
Given the following MRP record and an EOQ of 200 units, calculate the planned order receipts using the economic order quantity. Next, calculate the period order quantities and the planned order receipts. In both cases, calculate the ending inventory and the total inventory carried over the 10 weeks.
Please show all work
Week |
1 |
2 |
3 |
4 |
5 |
6 |
7 |
8 |
9 |
10 |
Total |
Net Requirements |
75 |
70 |
60 |
0 |
100 |
80 |
70 |
65 |
0 |
80 |
|
Planned Order Receipt |
|||||||||||
Ending Inventory |
Below is the required MRP schedule -
Week | 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | Total |
Net Requirements | 75 | 70 | 60 | 0 | 100 | 80 | 70 | 65 | 0 | 80 | 600 |
Planned Order Receipts | 200 | 200 | 200 | 600 | |||||||
Ending Inventory | 125 | 55 | 195 | 195 | 95 | 15 | 145 | 80 | 80 | 0 | 985 |
Below is the screenshot of the formula applied -