Asked by Sydney Henke on May 11, 2024
Verified
The MPS calls for 110 units of Product A. There are currently 60 of Product A on hand. Each A requires 2 of Part B. There are 30 units of B available.
a. Calculate the net requirements for A.
b. Calculate the gross requirements for B.
c. Calculate the net requirements for B.
Net Requirements
Calculations that determine the actual amount of materials or resources needed for production, taking into account current inventory and scheduled receipts.
Gross Requirements
The total demand for a component or raw material before considering inventory on hand or scheduled receipts.
Product A
A placeholder name for a specific item or good produced by a company.
- Master the concept and application of computing net requirements for products.
- Master the process of calculating and understanding the aggregate demand for components based on the necessity of the product.
- Determine cost-minimization strategies in MRP through lot-sizing methods.
Verified Answer
Learning Objectives
- Master the concept and application of computing net requirements for products.
- Master the process of calculating and understanding the aggregate demand for components based on the necessity of the product.
- Determine cost-minimization strategies in MRP through lot-sizing methods.
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