What would you recommend the firm

Assignment Help Operation Management

Reference no: EM131909114

Question: A firm makes a basic scissors consisting of three parts: the left side, the right side, and the screw that holds the sides together. At the present time, the firm has the following numbers of parts on hand and on order. The lead times for reorder of each part are also shown along with a BOM and a sketch of the scissors.

a. Assume the master schedule calls for 200 scissors to be shipped in week 4 and 500 in week 5; work out a complete materials plan.

b. Suppose the supplier of right-hand sides calls to say that deliveries of the 200 parts on order will be one week late. What effect will this have on the materials plan?

c. If demand for scissors is uncertain and has a standard deviation of 50 units, what would you recommend the firm do to maintain a 95 percent service level for scissors?

d. If the delivery of the scissors parts is unreliable and the standard deviation of delivery lead time is one week for each of the parts, what would you recommend the firm do to maintain its production schedule?

Reference no: EM131909114

Questions Cloud

Memo assignment- identified using appropriate methods : Conduct your own comprehensive investment analysis where you address any problem(s) identified using the appropriate methods (e.g., formulas, models,etc.)

How does the given event impact the environment : How does this event impact the environment? What are potential solutions to this event mentioned by the source (if any)? (At least 3 sentences).

What information would you need to make the change : The master scheduler in the ABC Widget Company is in the process of revising the master schedule. At the present time, he has scheduled 400 widgets.

What role do small and medium sized enteprises play : What role do small and medium sized enteprises (SMEs) play in the global economy? What role do SMEs play in economic development for a country

What would you recommend the firm : If the delivery of the scissors parts is unreliable and the standard deviation of delivery lead time is one week for each of the parts, what would you recommend

What tax incentives would you benefit from : What tax incentives would you benefit from? List laws, regulations, and reference any websites that you would typically use to find the information.

Analyze the future impact of a social problem : Define one sociological theory from our readings/materials that relates to your chosen social problem and analyze how this theory helps us.

One risk to the strategic plans of big red bicycle : One risk to the strategic plans of Big Red Bicycle (BRB) is bad debt and poor cash flow due to large trade debtors balances.

Develop an inventory projection of parts and finished goods : For the materials plan constructed in part a, develop an inventory projection of parts and finished goods on a week-by-week basis.

User Account

All Pages