Question

In: Statistics and Probability

If there are customer orders the projected available after time fence is based on:

1.

If there are customer orders the projected available after time fence is based on:

Select one:

A. Forecast demand

B. Customer orders

C. The greater of forecast demand and customer orders

D. The smaller of forecast demand and customer orders

E. None of them

2.

The ratio of standard hours of work produced to hours actually worked is called:

Select one:

A. efficiency

B. effectiveness

C. utilization

D. uptime

E. None of them

3.

Using the scheduled receipts, calculate the ATP. There are 300 units on hand. The ATP at April is:

Month

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sept

Customer Orders

200

400

450

500

200

400

500

300

300

MPS


800


800


800


800


ATP










Select one:

a. 50

b. -50

c. 100

d. -100

e. None of them

Solutions

Expert Solution

1)

if there are custmer orders the projected available after time fence is based on: farecast demand..

therefore the correct option is (A)

2)

the ratio of standard hours of work produced to hours actually worked is called efficiency..

the answer is option (A)

3)

The ATP or Available to Promise is calculated as;

ATP = (On-hand Inventory + MPS) - (Sum of customer orders before next MPS)

ATP for Jan = 300 - 200 = 100

ATP for Feb = 800 - (400 + 450) = -50

ATP for April = 800 - (500 + 200) = 100

ATP for June = 800 - (400 + 500) = -100

ATP for August = 800 - (300 + 300) = 200

If ATP for a particular period is negative, it borrows from a previous period to cover the demand. Since, ATP for Feb and June period is negative, it will borrow ATP from their respective previous period. Therefore, revised ATP will be as follows:

ATP for Jan = 50

ATP for Feb = 0

ATP for April = 0

ATP for June = 0

ATP for August = 200

Answer: Option (E) - None of them


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