Course Hero Logo

Item a 0 1 2 3 4 5 6 gross requirement scheduled

Course Hero uses AI to attempt to automatically extract content from documents to surface to you and others so you can study better, e.g., in search results, to enrich docs, and more. This preview shows page 64 - 69 out of 92 pages.

Item A0123456Gross RequirementScheduled receiptOn Hand Inv.Net RequirementPlanned Order ReceiptPlanned Order ReleaseSelectedAnswer:[NoneGiven]Answers:Week 1, 300 AsWeek 1, 40 AsWeek 5, 40 AsWeek 4, 40 AsWeek 4, 300 As
ResponseFeedback:Item A0123456Gross Requirement300Scheduled receipt120120On Hand Inv.2020140260Net Requirement40Planned Order Receipt40Planned Order Release40Question 40 out of 1 pointsA product has the following gross requirements. There is no beginning inventory and noscheduled receipts. The usage pattern is expected to continue for the remainder of theyear. What is the total annual inventory cost if EOQ lot-sizing is used? Assume that setupcost is $300 and holding cost per unit per week is $9.Week1234Requirements30304020SelectedAnswer:[None Given]Answers:More than $20,000Between $17,500 and$20,000Between $15,000 and$17,500Between $12,500 and$15,000Between $10,000 and$12,500ResponseFeedback:average annual demand= ((30+30+40+20)/4)*52=1560Optimum Order Quantity, Q* (EOQ)(2*1560*300/(9*52))=44.72Average Inventory, Q*/244.72/2=22.36Number of Orders, D/Q*D/22.36=34.88Annual Holding Cost, HQ*/222.36*9*52=$10,464.80Annual Order Cost, DS/Q*34.88*300=$10,464.80
Total Annual Cost$20,929.60Cost for 4 weeks20929.6 x 4/ 52=$1610Question 50 out of 1 pointsGiven the following bill of materialIf the demand for product A is 50 units, what will be the gross requirement for componentE?SelectedAnswer:[NoneGiven]Answers:50100150200300Question 60 out of 1 pointsA product has the following gross requirements.Week1234567Requirements3030400205040The beginning inventory is 20. The usage pattern is expected to continue for the remainderof the year. What is the total inventory cost (for 7 weeks) if POQ lot-sizing is used? Assumethat setup cost is $300 and holding cost per unit per week is $2.2.Item J0123456
Gross RequirementScheduled receiptOn Hand Inv.Net RequirementPlanned Order ReceiptPlanned Order ReleaseSelectedAnswer:[None Given]Answers:More than $1200between $1000 and$1200between $800 and$1000between $600 and$800Less than $400ResponseFeedback:Week01234567Gross Requirement30 30 40 020 50 40Scheduled receiptOn Hand Inv.20Net Requirement(before order planning)10 30 40 020 50 40Planned Order ReceiptPlanned Order ReleaseTotal expected demand=((30+30+40+0+20+50+40)/7)*52=1560EOQ=(2*1560*300/(2.2*52))=90.45Average weekly demand=(30+30+40+0+20+50+40)/7=30POQ interval=EOQ/average weekly demand= 90.45/30=3Week01234567Gross Requirement30 30 40 02050 40Scheduled receiptOn Hand Inv.2070 4090 40Net Requirement(after order planning)10 30 002040 0Planned Order Receipt80110Planned Order Release80110Ordering cost=2 x 300=600
Holding cost=(70+40+90+40) x 2.2=528Total cost (7 weeks)=$1128CHAPTER 15Question 10 out of 1 pointsWhich of the following statements regarding scheduling at Air Canada is false?SelectedAnswer:[None Given]Answers:A) About one flight in twenty is disrupted by weather events.

Upload your study docs or become a

Course Hero member to access this document

Upload your study docs or become a

Course Hero member to access this document

End of preview. Want to read all 92 pages?

Upload your study docs or become a

Course Hero member to access this document

Term
Fall
Professor
Benyamin
Tags
C Items

Newly uploaded documents

Show More

Newly uploaded documents

Show More

  • Left Quote Icon

    Student Picture

  • Left Quote Icon

    Student Picture

  • Left Quote Icon

    Student Picture