Question

A company that makes industrial pumps wants to prepare a master production schedule for June and...

A company that makes industrial pumps wants to prepare a master production schedule for June and July. Market forecast is given below. The weekly demand forecast is given as shown in the table. The customer order (already committed) are also shown. The beginning inventory level is 64. Determine Available-to-promise inventory under the condition that “schedule production when the projected on-hand inventory would be negative without production”. Suppose the production lot size is 70.

   June

   July

1

2

3

4

1

2

3

4

Forecast

30

30

30

30

40

40

40

40

Customer order (committed)

33

25

16

11

8

3

Homework Answers

Know the answer?
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for?
Ask your own homework help question
Similar Questions
Prepare a master schedule like that shown in Figure 11.11 given this information: The forecast for...
Prepare a master schedule like that shown in Figure 11.11 given this information: The forecast for each week of an eight-week schedule is 50 units. The MPS rule is to schedule production if the projected on-hand inventory would be negative without it. Customer orders (committed) are as follows: Week Customer Orders 1 52 2 35 3 20 4 12 Use a production lot size of 75 units and no beginning inventory. 1.  Prepare a master schedule like that shown in Figure...
Beech Corporation is a merchandising company that is preparing a master budget for the third quarter...
Beech Corporation is a merchandising company that is preparing a master budget for the third quarter of the calendar year. The company’s balance sheet as of June 30th is shown below: Beech Corporation Balance Sheet June 30 Assets Cash $ 83,000 Accounts receivable 126,000 Inventory 69,750 Plant and equipment, net of depreciation 220,000 Total assets $ 498,750 Liabilities and Stockholders’ Equity Accounts payable $ 81,000 Common stock 348,000 Retained earnings 69,750 Total liabilities and stockholders’ equity $ 498,750 Exercise 8-12...
Beech Corporation is a merchandising company that is preparing a master budget for the third quarter...
Beech Corporation is a merchandising company that is preparing a master budget for the third quarter of the calendar year. The company’s balance sheet as of June 30th is shown below: Beech Corporation Balance Sheet June 30 Assets Cash $ 85,000 Accounts receivable 141,000 Inventory 83,250 Plant and equipment, net of depreciation 226,000 Total assets $ 535,250 Liabilities and Stockholders’ Equity Accounts payable $ 87,000 Common stock 350,000 Retained earnings 98,250 Total liabilities and stockholders’ equity $ 535,250 Exercise 8-12...
Required: Prepare a master budget for San Marcos Collectibles for the third quarter of 2016. The...
Required: Prepare a master budget for San Marcos Collectibles for the third quarter of 2016. The following component budgets must be included: Sales Budget Cost of Goods Sold, Inventory and Purchases Budget Operating Expense Budget Budgeted Income Statement Schedule of Expected Cash Collections Schedule of Expected Cash Disbursements - Merchandise Purchases Schedule of Expected Cash Disbursements - Operating Expenses Combined Cash Budget Budgeted Balance Sheet San Marcos Collectibles is a merchandising business located downtown in San Marcos, Texas. The owners...
(N ONE)    Beech Corporation is a merchandising company that is preparing a master budget for...
(N ONE)    Beech Corporation is a merchandising company that is preparing a master budget for the third quarter of the calendar year. The company’s balance sheet as of June 30th is shown below:                              Beech Corporation                           Balance Sheet June 30 Assets Cash . . . . . . . . . . . . . . . . . . . . . . . . . .                               . . . $ 90,000 Accounts receivable . . ....
Beech Corporation is a merchandising company that is preparing a master budget for the third quarter...
Beech Corporation is a merchandising company that is preparing a master budget for the third quarter of the calendar year. The company’s balance sheet as of June 30th is shown below: Beech Corporation Balance Sheet June 30 Assets Cash $ 75,000 Accounts receivable 140,000 Inventory 66,500 Plant and equipment, net of depreciation 227,000 Total assets $ 508,500 Liabilities and Stockholders’ Equity Accounts payable $ 88,000 Common stock 311,000 Retained earnings 109,500 Total liabilities and stockholders’ equity $ 508,500 Exercise 8-12...
Question 4: Aggregate Planning Plan production for a four month period: June through to September. For...
Question 4: Aggregate Planning Plan production for a four month period: June through to September. For June and July you should produce to exact demand forecast. For August and September you should use overtime and inventory with a stable workforce. Stable means the number of workers needed for July will be held constant through September. However the Ministry of Labour regulations put a maximum of 5000 hours of overtime labour per month in August and September (Zero overtime in June...
To prepare a master budget for April, May, and June of 2019, management gathers the following...
To prepare a master budget for April, May, and June of 2019, management gathers the following information. ZIGBY MANUFACTURING Estimated Balance Sheet March 31, 2019 Assets Cash $ 54,000 Accounts receivable 354,375 Raw materials inventory 100,495 Finished goods inventory 333,000 Total current assets 841,870 Equipment 628,000 Accumulated depreciation (164,000 ) Equipment, net 464,000 Total assets $ 1,305,870 Liabilities and Equity Accounts payable $ 212,195 Short-term notes payable 26,000 Total current liabilities 238,195 Long-term note payable 514,000 Total liabilities 752,195 Common...
Problem L You work for a landscaping company. You need four poles and 2 cubic yards...
Problem L You work for a landscaping company. You need four poles and 2 cubic yards of mulch for every tree that is planted. Calculate the Material Requirements Plan below. The beginning inventory for each item has been given. Week Beg. Inv. 1 2 3 4 5 6 7 8 Quantity 72 65 30 64 Tree Lead Time = 1 wk Lot for Lot Gross Requirements Scheduled Receipts Projected On-Hand 2 Net Requirements Planned Order Receipts Planned Order Releases Poles...
1. Concerning the Master Production Schedule (MPS), which of the following statements are true? Select all...
1. Concerning the Master Production Schedule (MPS), which of the following statements are true? Select all correct answers. A. A Level Production Strategy minimizes the need for extra capacity and allows for smooth labor operations. B. The MPS is the tie between production and sales. C. A drawback about applying a Chase Demand Strategy is that it may lead to high levels of inventory when demand is low. D. The MPS allows sales to know the Availability to Promise (ATP)...
ADVERTISEMENT
Need Online Homework Help?

Get Answers For Free
Most questions answered within 1 hours.

Ask a Question
ADVERTISEMENT