1. Prepare a master production schedule (MPS) chart using the following information. Weekly Demand (weeks 1 thru 6): 810; 1350; 1100; 1000; 610; 1300. Minimum Lot Size = 2000; Safety Stock = 500; Beginning Inventory = 1000.
2. A college bookstore opens a booth and buys back used books during final exam week. From 9 to 12 in the morning students arrive at the rate of 40 per hour. The bookstore employee can service 50 students per hour. What is the average time in minutes that a student will be in the bookstore (system)?