Find the reorder point for product


Assignment:

For data and table review an attachment:

Q1: Complete the MPS table

Projected Available =

BI + MPS - Max (Customer Orders ; Forecast)

ATP action bucket = BI + MPS - customer orders between current MPS and next scheduled replenishment

Available to Promise = MPS - customer orders between current MPS and next scheduled replenishment

Q2: Find the Reorder Point for product X & show your calculations.   

Product X Annual Demand =  1000 units
Work Days per Year =  250
Lead-time =  15 days
Service Level =  95%
Std Deviation of Demand during Lead-time =  25 units

Q3: Complete all empty cells in the MRP tables below for all components shown in the product tree for Product Z (highlighted in green at right).

Assume that lead-time is strictly followed, and you are not able to get or build material inside of lead-time.Q4: 1) Sort Job Numbers in table above in the correct order based on the Priority Rule = Earliest Delivery Date

2) Complete Job Number Mapping in columns J-AJ by showing correct order of jobs and duration of each job

3) Complete cells highlighted in green in the table (E-H) above

For the following questions, calculate the answer and enter that in column C (Show your calculations):

3) Make Span =

4) Job Flow Time =

5) Average # Jobs in System =

Q5: 1) Sort Job Numbers in table above in the correct order based on the Priority Rule = Earliest Delivery Date

2) Complete Job Number Mapping in columns J-AJ by showing correct order of jobs and duration of each job

3) Complete cells highlighted in green in the table (E-H) above

For the following questions, enter the answer in column C:

3) Make Span =

4) Job Flow Time =

5) Average # Jobs in System =

6) Explain what type of company or what scenario would want to use EDD instead of CR as the priority rule and why.

Q6: Company produces four products with a mixed model assembly line.

Operates 12 hours per day for 250 days/yr.

Determine the mixed model MPS for a daily and hourly batch .

Determine mix schedule for a day.

1) Replace the "?" above in cells D9 and D10 with the correct number.

2) Complete table for products Z-W (E9:W11).

3) Answer the following questions. Put answer in the green cells in column E.

What is the Minimum Batch MPS?

How often need to repeat the Minimum Batch MPS per day?

Q7: Example: How many dogs does Prof. Lowell have?

A) 1

B) 2

C) 3

D) Zero, she has cats.

1. Products and services follow simple, specified paths. This describes Rule #_____.

A) 1

B) 2

C) 3

D) 4

2. Rule 4 says improvements are made using trial and error, under guidance of a teacher, and at the lowest possible organization level.

A) True

B) False

3. _______________________ was an original architect of the Toyota Production System.

A) Fujio Cho

B) Hajime Ohba

C) Taiichi Ohno

D) Steven Spear

4. Name three circumstances that may require a company to hold inventory.

A) unpredictable downtime, unknown yields and long set-up times

B) volatility of product mix, known customer demands, and 100% yield

C) small batch sizes, immediate delivery, and defect free

D) none of the above

5. According to the authors of "Decoding the DNA of the Toyota Production System", why has it been difficult for other companies to duplicate Toyota's success?

A) Other companies don't realize activities, connections and flows are rigid with no flexibility

B) Toyota is very secretive about what goes into the Toyota Production System

C) Other companies confuse the tools and practices of the Toyota Production System as being the system itself

D) All of the above

6. The Toyota Production System creates a community of ________________.

A) Students

B) Teachers

C) Learners

D) Scientists

7. A set of instructions with details on how to complete a task and how long it should take is an example of ________________________.

A) Rule 1

B) Rule 2

C) Rule 3

D) Rule 4

8. Kanban cards and andon cords establish links between customers and suppliers. This is a concept of ______________________.

A) Rule 1

B) Rule 2

C) Rule 3

D) Rule 4

9. How does Toyota teach new employees about the rules of the Toyota Production System?

A) Rigorous training classes

B) Sends them to the OMCD center

C) Gives new employees a manual

D) Asks questions (socratic method)

Q8: 1) Calculate EOQ based on the following inputs, using formula shown at right:

Q*=√2DS/H
D = 65 units per week
S = set-up cost
H = holding cost

2) Fill in the table above (Net Requirements, Projected on-hand, Planned Order Receipts) using your calculated EOQ as the Lot Size

3) Determine Total Cost for this lot size strategy and enter that in the Total Cost cell in L9.

Q9: Calculate the Net Requirements on the LTC tab as though using L4L method.  Then copy those Net Requirements to column B to figure out the grouping that give you the lowest total cost.

Q10 :1)  Fill in the table above (Net Requirements, Projected on-hand, Planned Order Receipts) using "Lot-for-Lot" lot size strategy.                                           
2) Determine Total Cost for this lot size strategy and enter that in the Total Cost cell in L9.

Q11: Which Lot Size strategy has the Lowest Cost?

A)  EOQ

B)  LTC

C)  Lot-4-Lot

Attachment:- Worksheet data.rar

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