Question

In: Operations Management

Minimum order quantity is 500 units, lead time is 1 week. What is/are the Net Requirements for week 8?

Week

7

8

9

10

11

12

Gross Requirements

0

300

400

400

400

200

Scheduled Receipts

500

Projected ending inventory: 100

100

Net requirements

???

Planned Receipts

Planned orders

Q1: Minimum order quantity is 500 units, lead time is 1 week. What is/are the Net Requirements for week 8?

a. 300 units.

b. None of these answers is correct.

c. 500 units.

d. Negative 300 units.

e. 0 units.

Week

7

8

9

10

11

12

Gross Requirements

0

300

400

400

400

200

Scheduled Receipts

500

Projected ending inventory: 100

100

???

Net requirements

Planned Receipts

Planned orders

Q2: Minimum order quantity is 500 units, lead time is 1 week. What is the Ending Inventory for week 8?

a. 300 units.

b. 800 units.

c. None of these answers are correct.

d. 0 units.

e. 200 units.

Week

7

8

9

10

11

12

Gross Requirements

0

300

400

400

400

200

Scheduled Receipts

500

Projected ending inventory: 100

100

Net requirements

Planned Receipts

???

Planned orders

Q3: Minimum order quantity is 500 units, lead time is 1 week. What is/are the Planned Receipts for week 8?

a. 0 units.

b. 300 units.

c. 200 units.

d. None of these answers is correct.

e. 500 units.

Week

7

8

9

10

11

12

Gross Requirements

0

300

400

400

400

200

Scheduled Receipts

500

Projected ending inventory: 100

100

???

Net requirements

Planned Receipts

Planned orders

Q4: Minimum order quantity is 500 units, lead time is 1 week. What is/are the Net Requirements for week 9?

a. 0 units.

b. None of these answers is correct.

c. Negative 900 units.

d. 100 units.

e. 400 units.

Solutions

Expert Solution

Week

Lead time = 1 week

Minimum order quantity = 500

7

8

9

10

11

12

Gross requirement

0

300

400

400

400

200

Scheduled receipt

0

500

0

0

0

0

Projected ending inventory: 100

100

300

400

0

100

400

Net receipt

0

0

500

0

500

500

Planned receipt

0

0

500

0

500

500

Planned order

0

500

0

500

500

0

Q.1 Net requirement for week 8 : e. 0 units

Q.2 ending inventory for week 8 = a. 300

Q.3 . Planned receipt for week 8 = a. 0 units

Q.4 . Net requirement for week 9 = d. 100 units

keosha answered 3 years ago
Next > < Previous

Related Solutions

Q5: Minimum order quantity is 500 units, lead time is 1 week. What is/are the Planned Receipts for week 9?
Week 7 8 9 10 11 12 Gross Requirements 0 300 400 400 400 200 Scheduled Receipts 500 Projected ending inventory: 100 100 Net requirements Planned Receipts ??? Planned orders Q5: Minimum order quantity is 500 units, lead time is 1 week. What is/are the Planned Receipts for week 9? a. None of these answers are correct. b. 100 units. c. 0 units. d. 500 units. e. 400 units. Week 7 8 9 10 11 12 Gross Requirements 0 300...
Demand for hotdogs is 500 units per week. Lead time is one week. When inventory level...
Demand for hotdogs is 500 units per week. Lead time is one week. When inventory level reached 1500 units, the regional director orders 8 weeks of demand. Compute the average inventory. A. 1000 B. 2000 C. 3000 D. 4000 E. None of the above Demand for hamburgers is 400 units per week. Lead time is one week. When inventory level reached 1000 units, the regional director orders 6 weeks of demand. Compute the flow time. A .1.5 weeks. B. 3.5...
Demand for a product is 400 units per week. Lead time is one week. When inventory...
Demand for a product is 400 units per week. Lead time is one week. When inventory level reached 1000 units, the material manager orders 6 weeks of demand. Compute the average inventory. 1000 2000 3000 1800 None of the above
Using the EOQ​ model, if a​ firm's order quantity is 500 units and its annual holding...
Using the EOQ​ model, if a​ firm's order quantity is 500 units and its annual holding cost is greater than its annual setup​ cost, then what can we say about the optimal order​ quantity? A. Optimal order quantity​ = 500 units B. Optimal order quantity​ < 500 units C. Optimal order quantity​ > 500 units D. Not enough information is given to answer the question
1. The MAD for a forecast is one unit per week. If the lead time is...
1. The MAD for a forecast is one unit per week. If the lead time is one month, what will be the standard deviation of the forecast error for one month (assuming 4 weeks in a month). Please enter your answer to two decimal places. 2. The MAD for a forecast is one unit per week. If the lead time is one year, what will be the standard deviation of the forecast error for one year (assuming 52 weeks in...
Average lead time demand in a warehouse is 24000 units. The standard deviation of lead time...
Average lead time demand in a warehouse is 24000 units. The standard deviation of lead time demand is 5500 units. The warehouse orders 60000 units whenever inventory reaches 28000 units. What is the service level? A) around 72% B) around 81% C) around 77% D) around 89% E) none of the above
What is the optimal order quantity and the minimum annual cost for Bell Computers to order, purchase, and hold these integrated chips?
Bell Computers purchases integrated chips at $350 per chip. The holding cost is $34 per unit per year, the ordering cost is $121 per order, and sales are steady at 400 per month. The company's supplier, Rich Blue Chip Manufacturing, Inc., decides to offer price concessions in order to attract larger orders. The price structure is shown below .Rich Blue Chip's Price StructureQuantity PurchasedPrice/Unit1-99 units$350100-199 units$325200 or more units$300a) What is the optimal order quantity and the minimum annual cost...
The production order quantity for this problem is approximately 612 units. What is the average inventory for this problem?
a production order quantity problem has a daily demand rate = 10 and a daily production rate = 50. The production order quantity for this problem is approximately 612 units. What is the average inventory for this problem?  
Week 9 Alps Ltd has a net income after tax of $1 500 000 for the...
Week 9 Alps Ltd has a net income after tax of $1 500 000 for the year ended 30 June 2019. At the beginning of the period Alps Ltd has 900 000 fully paid-up ordinary shares on issue. On 1 December 2018 Alps Ltd had issued a further 300 000 fully paid-up ordinary shares at an issue price of $2.00. On 1 March 2019 Alps Ltd made a one-for-six bonus issue of ordinary shares out of retained earnings. The last...
Week 9 Alps Ltd has a net income after tax of $1 500 000 for the...
Week 9 Alps Ltd has a net income after tax of $1 500 000 for the year ended 30 June 2019. At the beginning of the period Alps Ltd has 900 000 fully paid-up ordinary shares on issue. On 1 December 2018 Alps Ltd had issued a further 300 000 fully paid-up ordinary shares at an issue price of $2.00. On 1 March 2019 Alps Ltd made a one-for-six bonus issue of ordinary shares out of retained earnings. The last...
ADVERTISEMENT
Subjects
ADVERTISEMENT
Latest Questions
ADVERTISEMENT