Economics > QUESTIONS & ANSWERS > Tarleton State University - ENGT 4336Ch6 Fundamentals-of-production-Control-and-planning-Stephan-N-C (All)

Tarleton State University - ENGT 4336Ch6 Fundamentals-of-production-Control-and-planning-Stephan-N-Chapman.(verified, all answers correct)

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Discussion Questions and Problems: 1. What do you think should happen if you were asked to allocate some inventory for R&D, but by doing so you would drop below safety stock levels? Safety stock is... set for a reason. If we drop below the safety stock level and something unplanned occurs, we may miss order dates. On the other hand, allocating material to R&D may very well fit our definition to use safety stock items. We will just need to replenish the stock as soon as possible. 2. Product Y is made from one component P, three components Q, and one 2 components R. P is made from two parts S, Q is made from one S, and R is made from two part S and three part T. Other data includes: Part Lead time Lot size On hand Scheduled receipts Safety Stock Y 1 lot-for-lot 30 none 5 P 2 40 15 none none Q 2 100 8 none 8 R 3 120 30 none none S 2 500 20 500, week 1 20 T 2 600 370 none 50 a. Complete the MRP explosion for product Y. Identify any problems, and discuss possible solutions b. The supplier for part S informs you that the scheduled receipt for that part will be one week late. What problems does is cause, and what possible alternatives are open to you? 3. Product “X” has the product structure given below. In addition, relevant details for each component are given. a. Complete the Master Schedule and create MRP records for each of the components. b. Suppose the supplier for the 600 part “C” scheduled for week 1 notifies you that an equipment problem will prevent them from shipping the parts until week 3. What are the implications? Describe ALL possible options open to you in this case [Show More]

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