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The purpose of this simulation project is to provide you with an opportunity to use the POM-QM for Windows software to solve an MRP problem.
POM-QM for Windows software
For this part of the Individual Project, you need to use the POM-QM for Windows software:
Individual Project ProblemThe product structure tree for the finished product A is given below.
A-----------------------D(3)-------------------C(1)
----------------------------E(2)
The marketing department is estimating product A's demand to be 60 units for week 4 and 50 units for week 6. There is a scheduled receipt of 75 units for component D at the beginning of week 2. Various other MRP related information for the finished products and the components are provided below.
A
C
D
E
On hand
12
170
9
5
Lead time
2
1
Lot size
LFL
150+
multiples of 40
multiples of 22
Provide the MRP tables for all the finished products and the components for the next six weeks.
Discuss whether or not it would be possible for Calcor Company to achieve the first two of Kuhn’s goals without achieving his third goal of 30% return on average assets before interest and taxes.
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Assume you are the CEO of Declining Corporation, How would you reply to the CEO's suggestion? Summarize your response including why you opted for or against the adoption IFRS.
For the year ended December 31, 2011, Bolivar reported net income of $312,000 and paid cash dividends of $96,000. Required: Prepare a schedule to show the balance Jenkins should report as its Investment in Bolivar Co. at December 31, 2011.
Prepare a depreciation schedule for the equipment using the double declining method; assume that Spark elects to switch to the straight line method in year three.
Randell Company issues 7%, 10-year bonds with a par value of $150,000 and semiannual interest payments. On the issue date, the annual market rate for these bonds is 8%, which implies a selling price of 93¼. The straight-line method is used to all..
You assemble the following information for Dillon Department Store, which computes its inventory under the dollar-value LIFO method.
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