Develop an mrp for space age furniture company using the

Question

Read "Space Age Furniture Company" in Chapter 9 of your text. Respond to the following and include any Materials Requirement Planning (MRP) calculations:

a. Develop an MRP for Space Age Furniture Company using the information in the case including the production of sub-assemblies in lot sizes of 1,000.

b. The lot size of 1,000 for sub-assemblies has produced a lumpy demand for part 3079. Suggest ways for improvements over sub-assemblies in lot sizes of 1,000.

c. Analyze the trade-off between overtime costs and inventory costs.

d. Calculate a new MRP that improves the base MRP.

e. Compare and contrast the types of production processing-job shop, batch, repetitive, or continuous-and determine which the primary mode of operation is and why.

f. Describe ways that management can keep track of job status and location during production.

g. Recommend any changes that might be beneficial to the company and/or add value for the customer.

Answer 1

Complete the assignment by reading the chapter - Space Age Furniture Company of your text-book. On the basis of your reading, respond to the following questions: 1) Build up an MRP for Space Age Furniture Company employing the information in the case comprising the production of sub-assemblies in lot sizes of 1,000. 2) The lot size of 1,000 for sub-assemblies has generated a lumpy demand for part 3079. Recommend ways for enhancements over sub-assemblies in lot sizes of 1,000. 3) Examine the trade-off between overtime costs and the inventory costs. 4) Compute a new MRP which enhances the base MRP. 5) Differentiate the kinds of production processing-job shop, batch, repetitive, or continuous-and find out which the primary mode of operation is and explain why. 6) Illustrate the ways that management can keep track of job status and location throughout production. 7) Propose any changes which might be advantageous to the company and/or add value for the customer.