Question

In: Operations Management

Prepare a material requirements plan for component D. D can only be ordered in whole cases...

Prepare a material requirements plan for component D. D can only be ordered in whole cases (50 units per case). One case of D is automatically received every other week, beginning in week 1 (i.e., weeks 1, 3, 5, 7). Also, there are 30 units of B and 20 units of D now on hand. Lead times for all items are a function of quantity: one week for up to 100 units, two weeks for 101 to 200 units, three weeks for 201 to 300 units, and four weeks for 301 or more units.

Part D Beg. Inv. 1 2 3 4 5 6 7 8
Gross requirements
Scheduled receipts
On hand
Net requirements
Planned-order receipt
Planned-order release

Solutions

Expert Solution

To create the MRP for D, we will have to create the MRP for X & B as well since X&B will help in calculating the requirement for D.

Below if the MRP schedule -

X
Q = L4L
On Hand 1 2 3 4 5 6 7 8
Gross Requirement 0 0 0 0 0 80 0 30
Scheduled Receipts 0 0 0 0 0 0 0 0
Projected on Hand 0 0 0 0 0 0 0 0 0
Net Requirements 0 0 0 0 0 80 0 30
Planned Order Receipts 0 0 0 0 0 80 0 30
Planned Order Releases 0 0 0 0 80 0 30 0
B
Q = L4L
Gross Requirement 0 0 0 0 160 0 60 0
Scheduled Receipts 0 0 0 0 0 0 0 0
Projected on Hand 30 30 30 30 30 0 0 0 0
Net Requirements 0 0 0 0 130 0 60 0
Planned Order Receipts 0 0 0 0 130 0 60 0
Planned Order Releases 0 0 130 0 0 60 0 0
D
Q = 50*
Gross Requirement 0 0 260 0 240 120 90 0
Scheduled Receipts 50 0 50 0 50 0 50 0
Projected on Hand 20 70 70 10 10 20 0 10 10
Net Requirements 0 0 140 0 180 100 40 0
Planned Order Receipts 0 0 150 0 200 100 50 0
Planned Order Releases 150 0 200 0 100 50 0 0

Please Please up vote this answer. I worked a lot to write a perfect answer and understandable to you. Your up vote is so valuable to me. Please. Thank you so much.


Related Solutions

Minnesota Manufacturing makes a component called Upper B2040. This component is manufactured only when ordered by...
Minnesota Manufacturing makes a component called Upper B2040. This component is manufactured only when ordered by a​ customer, so Mississippi keeps no inventory of Upper B2040. The list price is $114 per​ unit, but customers who place​ "large" orders receive a 14% discount on price. The customers are manufacturing firms.​ Currently, the salespeople decide whether an order is large enough to qualify for the discount. When the product is​ finished, it is packed in cases of 10. If the component...
Only Part c and d (Plan 3 & Plan 4) Using Excel only J&J Cattle has...
Only Part c and d (Plan 3 & Plan 4) Using Excel only J&J Cattle has purchased a quarter section of land for $160,000. They make a down payment of $20,000, and the remainder of the purchase price ($140,000) is financed at 11 percent compounded quarterly with quarterly payments over 2 years. Develop an Excel® table to illustrate the payment amounts and schedule for the loan, assuming payback follows Plan 1: Pay the accumulated interest at the end of each...
I need this answered not using excel Given the following data, construct a material requirements plan...
I need this answered not using excel Given the following data, construct a material requirements plan which will result in 100 units of parent #1 (P1), at the beginning of week 6 and 200 units of parent #2 (P2) at the beginning of week 8: item parent quantity on-hand on order(due) Lead Time Order size P1 - - - - 1 Lot-for-Lot P2 - - - - 1 Lot-for-Lot A P1, P2 1,2 70 0 1 500 B P1, P2...
Question 3 Wilton Technologies wishes to use MRP methodology to developing a material requirements plan for...
Question 3 Wilton Technologies wishes to use MRP methodology to developing a material requirements plan for the next nine weeks. Williston Technologies has gathered the following information to work with: Bill of Materials: Current Inventory Records:                            Inventory                         Leadtime                                 Currently Part                  (in weeks)       Lotsize            On-hand A                     1                      Lot-for-Lot     50        B                     1                      75                    85                    C                     2                      30                    100                  D                     2                      50                    415      Master Production Schedule:                                                             -Weeks-             Part                  1          2          3          4          5          6          7          8          9          A                    ...
Prepare a broad audit plan of Amazon Company a) What material types of transactions and transaction...
Prepare a broad audit plan of Amazon Company a) What material types of transactions and transaction cycles are involved? b) What are the high-risk areas? c) What are the low-risk areas? d) If management faced tremendous pressure regarding the entity's financial performance, what opportunities might exist for them to engage in fraudulent financial reporting? e) To what extent do you believe it will be appropriate to reduce assessed control risk f) How will audit effort be allocated among geographical areas?...
) Prepare a broad audit plan: Starbucks Corp.. What material types of transactions and transaction cycles...
) Prepare a broad audit plan: Starbucks Corp.. What material types of transactions and transaction cycles are involved? What are the high-risk areas? What are the low-risk areas? If management faced tremendous pressure regarding the entity's financial performance, what opportunities might exist for them to engage in fraudulent financial reporting? To what extent do you believe it will be appropriate to reduce assessed control risk? How will the audit effort be allocated among geographical areas? Will any areas of the...
What plan would you put into place before starting requirements elicitation activities? Explain each component of...
What plan would you put into place before starting requirements elicitation activities? Explain each component of your plan.
Company:Progressive Insurance 2017 Prepare a broad audit plan: What types of material transactions are involved? What...
Company:Progressive Insurance 2017 Prepare a broad audit plan: What types of material transactions are involved? What types transaction cycles are involved What are the high-risk areas? What are the low-risk areas? report: http://media.corporate-ir.net/media_files/irol/81/81824/arInter/17_annual/assets/pdf/Progressive-2017-Financial-Review.pdf
Explain negative amortization and how such a situation can occur. D) In creating a plan to...
Explain negative amortization and how such a situation can occur. D) In creating a plan to buy your life insurance, what factors should you consider before buying? Also, describe from whom you should buy, including the sources.
Which component of audit risk can the auditor control? a.Control risk. b.Inherent risk. c.Detection risk. d....
Which component of audit risk can the auditor control? a.Control risk. b.Inherent risk. c.Detection risk. d. Financial risk.
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT