What will the total cost be? (nearest whole number)
Answer: Total cost is $140+ $1400= $1540
Period | 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | Total cost | |
Gross requirements GR | 20 | 0 | 40 | 0 | 40 | 60 | 30 | 0 | 10 | 80 | 0 | 50 | ||
Projected inventory on hand PIOH | 20 | 20 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||
IOH= 140 | inventory on hand IOH | 40 | 20 | 20 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
Net requirements NR | -20 | -20 | 20 | 0 | 40 | 60 | 30 | 0 | 10 | 80 | 0 | 50 | ||
Q = L4L | Planned order receipts (PR) | 0 | 0 | 20 | 0 | 40 | 60 | 30 | 0 | 10 | 80 | 0 | 50 | |
Lead Time LT=1 | Planned order releases POR | 0 | 20 | 0 | 40 | 60 | 30 | 0 | 10 | 80 | 0 | 50 | 0 | |
Holding cost | 70 | 70 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 140 | |
setup cost (whenever there is new order reciept) | 0 | 0 | 200 | 0 | 200 | 200 | 200 | 0 | 200 | 200 | 0 | 200 | 1400 |
repeat these steps for every week
steps | |||
step 1 | IOH= | PIOH of last week | |
step 2 | NR= | GR -IOH | |
step 3 | PR= | in L4L PR=NR | |
step 4 | projected inventory on hand PIOH= | IOH+PR-GR | |
step 5 | POR= | PR of preceding week | |
step 6 (After completing whole MRP) | Holding cost= | 3.5$*PIOH |
Excell Formula
C | D | E | F | G | H | I | J | K | labor cost | material cost | N | O | |||
128 | Period | 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | Total cost | |
129 | Gross requirements GR | 20 | 0 | 40 | 0 | 40 | 60 | 30 | 0 | 10 | 80 | 0 | 50 | ||
130 | Scheduled receipts SR | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||
131 | Projected inventory on hand PIOH | =D132+D134-D129 | =E132+E134-E129 | =F132+F134-F129 | =G132+G134-G129 | =H132+H134-H129 | =I132+I134-I129 | =J132+J134-J129 | =K132+K134-K129 | =L132+L134-L129 | =M132+M134-M129 | =N132+N134-N129 | =O132+O134-O129 | ||
132 | IOH= 140 | inventory on hand IOH | 40 | =D131 | =E131 | =F131 | =G131 | =H131 | =I131 | =J131 | =K131 | =L131 | =M131 | =N131 | |
133 | Net requirements NR | =D129-D132 | =E129-E132 | =F129-F132 | =G129-G132 | =H129-H132 | =I129-I132 | =J129-J132 | =K129-K132 | =L129-L132 | =M129-M132 | =N129-N132 | =O129-O132 | ||
134 | Q = L4L | Planned order receipts (PR) | 0 | 0 | 20 | =G133 | =H133 | =I133 | =J133 | =K133 | =L133 | =M133 | =N133 | =O133 | |
135 | Lead Time LT=1 | Planned order releases POR | =E134 | =F134 | =G134 | =H134 | =I134 | =J134 | =K134 | =L134 | =M134 | =N134 | =O134 | =P134 | |
136 | Holding cost | =3.5*D131 | =3.5*E131 | =3.5*F131 | =3.5*G131 | =3.5*H131 | =3.5*I131 | =3.5*J131 | =3.5*K131 | =3.5*L131 | =3.5*M131 | =3.5*N131 | =3.5*O131 | =SUM(D136:O136) | |
setup cost (whenever there is new order reciept) | 0 | 0 | 200 | 0 | 200 | 200 | 200 | 0 | 200 | 200 | 0 | 200 | =SUM(D137:O137) |
What will the total cost be? (nearest whole number) Develop a lot-for-lot solution and calculate total...
The total cost is $____ )enter your response as a whole number) Develop a lot-for-lot solution and calculate total relevant costs for the gross requirements in the following table*. Period 1 6 11 12 2 4 7 8 10 Gross requirements 30 70 30 10 80 20 30 60 Holding cost= $3.50/unit/week; setup cost = $150; lead time= week; beginning inventory 40. Develop a lot-for-lot solution (enter your responses as whole numbers). Period 1 2 3 6 7 10 12...
Problem 14.22 Develop a lot-for-lot solution and calculate total relevant costs for the gross requirements in the following table Period 1 2 3 4 5 6 789 10 11 12 Gross requirements 30 40 40 70 20 10 80 60 Holding cost$1.50unit/week; setup cost $150; lead time 1 week; beginning inventory 40 Develop a lot-for-lot solution (enter your responses as whole numbers). Period 1 2 3 4 5 6 78 9 0 11 12 Gross requirements 40 40 70 20...
second question to this is What is the total cost? thank you. Develop a lot-for-lot solution and calculate total relevant costs for the gross requirements in the following table" Period 12 3 4 5 6 7 8 9 10 11 12 Gross requirements20 30 40 60 20 10 80 60 Holding cost $2.50/unit/week, setup cost $150; lead time 1 week, beginning inventory 40 Develop a lot-for-lot solution (enter your responses as whole numbers). Period Gross requirements On-hand at beginning of...
Develop a lot-for-lot solution and calculate total relevant costs for the gross requirements in the following table*. Period | 1 2 3 4 5 6 7 8 9 10 11 12 Gross requirements | 30 40 30 70 30 20 70 50 *Holding cost = $3.50/unit/week; setup cost = $150; lead time = 1 week; beginning inventory = 40. Develop a lot-for-lot solution (enter your responses as whole numbers). 2 4 8 11 3 40 5 30 6 70 7...
3. Develop a lot-for-lot solution and calculate total relevant costs for the gross requirements in the following table" Period 1 2 3 4 5 6 789 10 12 Gross requirements20 40 40 70 30 10 70 50 Holding cost- $3.50/unit/week; setup cost $150; lead time 1 week; beginning inventory 40 Develop a lot-for-lot solution (enter your responses as whole numbers) Period Gross 3 4 5 6 9 20 40 40 70 30 10 uirements On-hand at beginning of On-hand at...
Develop a lot-for-lot solution and calculate total relevant costs for the gross requirements in the following table Period 1 23 4 5 6 7 89 10 12 Gross requirements 30 40 40 70 20 10 80 60 Holding cost $1.50/unit/week; setup cost $150; lead time 1 week; beginning inventory 40 Develop a lot-for-lot solution (enter your responses as whole numbers) Period 1 2 3 45 6 7 8 9 10 111 Gross requirements 30 40 40 70 20 10 80...
B. TOTAL COST________ Develop a lot-for-lot solution and calculate total relevant costs for the gross requirements in the following table*. Period 1 2 3 4 5 6 7 8 9 10 11 12 Gross requirements | 30 30 30 60 20 20 70 60 *Holding cost = $1.50/unit/week; setup cost = $200; lead time = 1 week; beginning inventory = 40. Develop a lot-for-lot solution (enter your responses as whole numbers). 11 9 20 10 70 12 60 Period 1...
Best-Appliance makes high-powered industrial strength microwave oven and wants to create an MRP for their oven assembly with a minimum cost possible. Following table show gross requirements of their product for twelve weeks. Develop a Part Period Balancing (PPB) solution and calculate the total relevant costs for the plan. Week 1 2 3 4 5 6 7 8 9 10 11 12 Gross requirements 20 30 40 60 20 10 80 40 Also, for this plan the Holding cost =$2.50/unit/week;...
Best-Appliance makes high-powered industrial strength microwave oven and wants to create an MRP for their oven assembly with a minimum cost possible. Following table show gross requirements of their product for twelve weeks. Develop a Part Period Balancing (PPB) solution and calculate the total relevant costs for the plan Week 1 2 3 4 5 6 8 10 11 12 7 Gross requirements 20 40 40 70 30 10 80 40 Also, for this plan the Holding cost $2.50/unit/week; setup...
Sigma Electronics produces telephone cameras for cell phone. The production manager would like to create an MRP for their cell phone cameras with a minimum cost possible. The following table show gross requirements of the product Develop a Part Period Balancing (PPB) solution and calculate the total relevant costs for the MRP. 2 4 8 11 Period Gross requirements 1 20 3 40 5 40 6 60 7 30 9 20 10 70 12 50 Also, for this plan the...