Exam 6: MRP production system

Complete the following MRP record using EOQ lot sizing technique.The holding cost is $3 per unit per period and the ordering cost is $500 per order.What is the ordering cost and holding costs using end inventory values? Assume that the lot size cannot exceed the EOQ size and back ordering is possible without any additional costs.(ordering cost/holding costs) EOQ Period 0 1 2 3 4 5 6 7 8 GR 60 90 125 180 150 50 450 60 SR 150 60 PA 10 NR POR

Fill out the following MRP record.The lot size is 60 units and the units on hand are 100 units.The lead time between order placement and receipt is 1 periods.How would the MRP record change once the period 1 passed and it is period 2 currently? Provide a MRP record starting on period 2.

Fill out the following MRP record.The lot size is 100 units and the units on hand are 100 units.The lead time between order placement and receipt is 2 periods.Multiple lots per order are possible. Lot size: 100 Period 1 2 3 4 5 6 7 8 GR 160 90 125 280 150 150 150 30 SR 60 150 POH NR POR

Fill out the following MRP record.The lot size is 150 units and the units on hand are 10 units.Multiple lots per order are possible Lot size: 150 Period 1 2 3 4 5 6 7 8 GR 60 90 125 180 150 50 450 60 SR 150 60 PA POR

Find the correct concepts to fit in to the following sentence.MRP's precise ________ order-generation capabilities make it possible to allow ___________ to be managed more effectively.