Prepare a master schedule given this information: The forecast for each week of an eight-week schedule is 60 units. The MPS rule is to schedule production if the projected on-hand inventory would be negative without it. Customer orders (committed) are as follows: Week Customer Orders 1 2 55 40 25 20 Use a production lot size of 85 units and no beginning inventory. (In the ATP row, enter a value of 0 (zero) in any periods where ATP should not be calculated. Leave no cells blank- be certain to enter "0" wherever required.) June July MPS ATP Forecast Customer Orders Projected On-Hand Inventory 2 60 55 25 85 85 30 89839 60 40 3 45 60 25 5075 85 40 60 20 15 0 0 60 0 40 85 85 60 0 66 85 85 7 60 0 5 0 0 60 0 30 85 85
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- A manufacturing company produces single item product. Theproduction manager decide to arrange 6 periods for MPS. Data aboutdemand forecasts are 112, 157, 126, 176, 124 and 181 while data aboutcustomer orders are 128, 156, 196, 147, 152 and 175. On hand inventoryis 300 units and production batch is 300 units. The productionmanager also decide that 3 beginning periods are critical, so that nochanges are allowed. Arrange MPS for that situation ! When system’s bottleneck requires 10 minutes to finish a unit product,make analysis about capacity. What is your suggestion? please explain it using excel or attached the excel sheetGiven 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.In each of the following, name the term defined or answer the question. Answers are listed at the bottom. 1. A term used to describe demand that is uncertain and needs to be forecast.2. We are ordering T-shirts for the spring party and are selling them for twice what we paid for them. We expect to sell 100 shirts and the standard deviation associated with our forecast is 10 shirts. How many shirts should we order?3. We have an item that we stock in our store that has fairly steady demand. Our supplier insists that we buy 1,200 units at a time. The lead time is very short on the item because the supplier is only a few blocksaway and we can pick up another 1,200 units when we run out. How many units do you expect to have in inventory, on average?
- a company manufactures an assortment of products for the practice of recreation and leisure. total demand for the next seven months is the following: mois march april may june july aug sept total forecasts 50 44 55 60 60 40 50 359 use the following info to develop aggregate production schedules regular production costs: $240 per unit overtime production cost: $360 per unit regular capacity: 40 units per month overtime capacity: 8 units per month subcontracting cost: $420 per unit subcontract capacity: 12 units per month back order cost: $100 per unit per month initial inventory: 0 End inventory in September: 0 unit storage cost: $30 per unit per month (the monthly inventory cost is calculated based on the final inventory for the month number of employees: 5 workers hiring cost: $2,000 per employee thank you cost: $1,000 per month Prepare an overall production plan using each of the following guidelines and calculate the total cost for each program. Even if backorders are…Q2: A company has seasonal demand, with the forecast for the next 12 months as given below. The current labor force can produce 500 units per month. Each employee can produce 20 units per month, and is paid $2,000 per month. The inventory carrying cost is $50 per unit per period. It costs $100 to hire or layoff an employee. Assume 200 units of initial inventory and we would like to keep the similar level at the end of the year. Month 1 3 4 7 8 9 10 11 12 Demand 660 700 840 700 660 500 600 840 80 900 700 600 Please use level and chase strategy to calculate the total cost of two plans (please show your work).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
- 3. 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 3EXAMPLE: 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 1020Table 1. Demand of Hairdryer from January to July [Jadual 1. Permintaan Pengering Rambut dari Januari 2021 hingga Julai 2021] Month Demand January February 2800 2870 March 2968 April Мay 3000 3100 Jun 3150 July 3400 a) Calculate forecast future demand for May, June, July and August by using 3 months simple moving average.[hitung ramalan permintaan masa depan untuk bulan Mei, Jun, Julai dan Ogos dengan menggunakan purata bergerak sederhana 3 bulan.] *
- Data collected on the yearly demand for 50- pound bags of fertilizer at Wallace Garden Supply are shown in the following table. Estimate demand for vear 12 with a weighted moving average in which sales in the most recent year are given a weight of 2 and sales in the other two years are each given a weight of 1. Year Demand (Bags) 4 6. 3 4. 4. 10 6 8. 8. 8. 12 10 14 11 15 O A. 13.67 O B. 14.00 OC. 14.87 O D. 11.79 Click to select your answer. Us MacBook Air 888 * ES F2 F4 F6 F7 4) F9 F10 %23 2$ & * 4 6. 7 8 9. Q W R T Y F C V В alt command command option %#3Prepare a master schedule. The forecast foreach week of an eight-week schedule is 50 units. The MPS rule is to schedule production if theprojected on-hand inventory would be negative without it. Customer orders (committed) are asfollows.Week Customer Orders1 522 353 204 12Use a production lot size of 75 units and no beginning inventoryCase Synopsis: Mahindra & Mahindra Ltd., a $23 billion company in 2021, has been the number one tractormanufacturer in India for the last 30 years. The agriculture tractor sale market in India is seasonal in nature andgrowing. To meet demand, the company has four manufacturing plants and 26 sales offices across the country; theirmain job is to coordinate supplies between its 800 dealers and the company. The sales offices provide a rollingdemand forecast of tractors for the current month plus two months in the future. The forecast is used to determine thenumber and models of tractors to manufacture and to support advance ordering of key modules and parts. The deputygeneral manager of sales in the company’s Farm Division has been receiving an increasing number of complaints fromirate dealers about the supply of tractors from the company’s stockyards. He needs your help to fix the situation. 1A. Discuss two additional demand management strategies or tools that MMFE could use to better…