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OPN 501 Quiz-2: Answer To The Following Questions: (5X2)
OPN 501 Quiz-2: Answer To The Following Questions: (5X2)
Quiz-2
B (2) K (3)
J (4) F (2)
Requirement: (8+2)
a. Prepare Material Requirement Plan (MRP) for component J and B.
b. Calculate average on hand inventory of item J.
OPN 501
Quiz-2
1. Discuss different lot sizing rules: FOQ, POQ and L4L with their application, advantages and limitations.
2. Discuss the concept of Dependant demand and Independent demand in Operations Management.
3. Sixty,
Seventy and Eighty units of end item of E are needed at the beginning of week 2, 3 and
week 6 respectively. One case of J is scheduled to arrive in every alternate week starting from
week 2. Note: J must be ordered by the case (50 Units per case) and B must be produced in
multiples of 100 units. There are 60 units of B and 20 units of J now on hand. Lead times are
two weeks for each E and B and one for J.
B (2) M (3)
J (4) F (2)
Requirement: (8+2)
a. Prepare Material Requirement Plan (MRP) for component J and B.
b. Calculate average on hand inventory of item J.