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- Id-6c An aggregate plan provides justification for: Select one: a. the budget amount requested b. demand for individual products c. demand for product families d. the demand for the parts of each product and. number of customersGiven the forecast and booked orders shown in the table, and a beginning inventory of 25, what should the master production schedule quantity be for period 4? Note:- Do not provide handwritten solution. Maintain accuracy and quality in your answer. Take care of plagiarism. Answer completely. You will get up vote for sure.Create a level plan with a zero ending inventory for the forecast shown in the table. There is no beginning inventory and regular production capacity is 300 units. Overtime costs K15 extra and is limited to 25 units per month and subcontracting is limited to 60 units per month and costs K10 per unit. Back orders cost KS0 per unit and there is a cost of KS per month to hold a unit in inventory. What is the total plan cost? |Month January February March Forecast 250 300 400 |April 350
- EXAMPLE: PRODUCTION PLAN STRATEGIES 1. Prepare the production plan using the three basic production plan strategies Suppose the forecasted demand for a product family looks like the table below. Assume the product family is a make to stock family with a starting inventory of 210. Period 1 2 3 4 5 6 Total Forecast 175 150 180 165 150 200 1020 (Demand) Additional Information: For Hybrid production, it is assumed that for the 1* three periods it uses the lowest demand; on the 4th and 5th period it uses 175 forecasted demand; and on the 6th period there is no change on the demand. Requirement: Solve for the following a. Chase production plan Period 1 2 3 4 5 6 Total Forecast (Demand) 175 150 180 165 150 200 1020 Level production plan Period 1 2 3 4 5 6 Total Forecast (Demand) 175 150 180 165 150 200 1020 b. Hybrid production plan Period 1 4 5 6. Total Forecast (Demand) 175 150 180 165 150 200 1020The table below contains monthly (six months) demand estimates and working days per month. Month Demand Production Days JAN 1,500 20 FEB 1,200 24 MAR 1,000 25 APR 1,600 25 MAY 1,100 20 JUN 1,300 26 For the implementation of “Level” strategy, the average demand (in units/day) over the six- month planning horizon is equal to; a. 40 b. 50 c. 55 d. 753. The MPS planner at Murphy Motors uses MPS time-phased records for planning end-item pro- duction. The planner is currently working on a schedule for the P24, one of Murphy's top-selling motors. The planner uses a production lot size of 70 and a safety stock of 5 for the P24 motor. Item: P24 Forecast Orders On hand Week 12345678 30 30 30 40 40 40 45 45 13 8 4 Projected available balance Available-to-promise MPS 20 a. Complete the MPS time-phased record for product P24. b. Can Murphy accept the following orders? Update the MPS time-phased record for accepted orders. Order 1234 4 Amount 40 30 30 25 Desired Week 4 6 2 3
- Musa's Cashmere Sweaters has authorized the following MPS for her exclusive line of cashmere sweaters. She wants to use the MPS record for promising future orders. Current order promises are included. The MPS order quantity is 60 units. Beginning Inventory is 0. Complete the following MPS record. Period 1 2 3 4 5 6 7 8 9 10 11 12 Forecast 15 15 15 15 20 20 20 20 25 25 25 25 Customer orders 12 10 8 25 40 0 15 30 30 0 0 40 Projected available Available-to-promise MPS 60. Case: Flamingo Educational Services Flamingo Educational Services, a company located in the Tema metropolis, is a nationwide market leader in the publishing and distribution of textbooks for first and second cycle schools. Somehow, Flamingo does not use forecasts for production planning. Instead, the operations manager decides which books to produce and the batch size, based on orders and the amounts in inventory. The books that have the fewest amounts in inventory get the highest priority. Demand is uneven, and the company has experienced being overstocked on some items and out of others. Being under-stocked has occasionally created tensions with managers of the retail bookstores the company works with. Flamingo is on the verge of losing a lucrative contract with the Ghana Education Service over a complaint that the books produced over the last four months have defective binding as well as slight but noticeable variations in print quality and sizes of the…9. Planned sales in the junior sportswear department for April are $842,100, and the planned stock-sales ratio is 3.2. On April 1, how much stock is needed? Round to the nearest dollar.
- Wal Mart, although they are not a manufacturing company, uses sophisticated computer software to forecast sales and order products to be stocked in their stores so that they do not run out of the things shoppers are looking for. What kind of software system does Wal Mart likely use? Group of answer choices a) Inventory control b) Just-in-time ordering c) E-procurement d) Materials Requirement Planning (MRP)14.26. Calculate the available-to-promise row in the following matrix: Period On Hand = 100 1 2 3 4 5 6 Forecast 50 100 50 100 50 100 Customer Orders 50 125 75 175 45 15 Master Production 200 200 Schedule Available-to-PromiseWhich of the following is not one of the graphical methodsteps?a) Determine the demand in each period.b) Determine capacity for regular time, overtime, andsubcontracting each period.c) Find labor costs, hiring and layoff costs, and inventoryholding costs.d) Construct the transportation table.e) Consider company policy that may apply to the workers or stock levels.f ) Develop alternative plans and examine their total costs.