Topic 3 Part 12: Engine Assembly Master Schedule Week 1-8

A Topic 3 Part 12engine Assembly Master Scheduleweek123456789101112qu

A-Topic 3 Part 12engine Assembly Master Scheduleweek123456789101112qu

A-Topic 3 Part 1&2 Engine Assembly Master Schedule Week Quantity Gear box requirements Week Gross Requirements Since Gear box 1 X Engine Assembly, use Master Engine Assembly Qty Scheduled Receipts 5 From Problem Projected Available Balance Cell B10, Beg Balance of 17- Gross Requirement of 15 Cell C10 Carryover Net Requirements Net Req=Gross Req-Projected Available Balance from prior week Planned Order Receipt Same as row above Planned Order Release From E12 for 2 Weeks Lead Time Input shaft requirements Week Gross Requirements Since Input Shaft is 2 X Gear Box, then each week is 2 X Row 13 Scheduled Receipts 37 From Problem Projected Available Balance Cell B22, Beg Balance of 40- Gross requirement of 10 Week 5 and beyond 0 since no scheduled receipts Net Requirements Net Req=Gross Req-Projected Available Balance from prior week Planned Order Receipt Same as row above Planned Order Release Planned Order Receipt from 3 weeks in future From F24 for 3 Weeks Lead Time Part 2 Gear Box Given Information Number of orders ( count cells with values for planned order release) Setup per order= $90.00 Set-up Costs=# of Orders X Setup Costs Inventory Carrying Cost per unit per period $2.90) Inventory (2+2)Inventory Carrying Cost Total $0.00 Input Shaft Given Information Setup per order= $45.00 Setup Costs=5 orders45 Inventory Carrying Cost per unit per period $1.00 Inventory=(30+32+32+2)1 Total $0.00 Total Cost $0.00 A-Topic 3 Part 3 Engine Assembly Master Schedule Week Quantity Lead Time 2 Gear box requirements Week Gross Requirements Since Gear box 1 X Engine Assembly, use Master Engine Assembly Qty Scheduled Receipts 5 From Problem Projected Available Balance Cell B10, Beg Balance of 17- Gross Requirement of 15 Next cell, Gross Req-Scheduled Receipts Net Requirements Net Req=Gross Req-Projected Available Balance from prior week Planned Order Receipt Planned order receipt=projected available balance +net requirements Planned Order Release Stagger Order Releases to reduce Costs From E12 for 2 Weeks Lead Time Input shaft requirements Week Gross Requirements Since Input Shaft is 2 X Gear Box, then each week is 2 X Row 13 Scheduled Receipts 22 From Problem Projected Available Balance Cell B22, Beg Balance of 40- Gross requirement of 10 Week 4 and beyond 0 since no scheduled receipts Net Requirements Net Req=Gross Req-Projected Available Balance from prior week Planned Order Receipt Planned Order Release Planned Order Receipt from 3 weeks in future From F24 for 3 Weeks Lead Time Part 2 Gear Box Given Information Number of orders ( count cells with values for planned order release) Setup per order= $90.00 Set-up Costs=# of Orders X Setup Costs Inventory Carrying Cost per unit per period $2.90) Inventory (88)Inventory Carrying Cost sum of projected available balance Total $0.00 Input Shaft Given Information Setup per order= $45.00 Setup Costs=2 orders45 Inventory Carrying Cost per unit per period $1.00 Inventory=(74)1 Total $0.00 Total Cost $0.00 Macroeconomics 2301 Fall 2018 HW #3 40 points 1.

Given the following balance sheet for Bank Y, complete the questions below: Assets Liabilities Cash and Deposits with Fed 100 Checkable Deposits 200 Loans 20 Net Worth 100 Bank Property and Assets 50 Investments 130 Assume a 20% reserve requirement: 1.How much do banks have in excess reserves? 2.How much is the additional maximum quantity of money that could be created? 3. If the Fed buys $5 billion in securities from the public and it is deposited in commercial banks, how can the money supply change? 2.

A.The quantity theory of money argues that the long-run price levels move in proportion to changes in the money supply. Answer the following questions based upon that assumption: a. Money Supply (M) 2000 Price level (P) 10 Quantity (Y) 500 Calculate the velocity of money for this data. B. Based on the quantity theory of money assumptions, what would happen if the money supply increased to 2200?

Analytics Exercise: An MRP Explosion—Brunswick Motors Recently, Phil Harris, the production control manager at Brunswick, read an article on time-phased requirements planning. He was curious about how this technique might work in scheduling Brunswick’s engine assembly operations and decided to prepare an example to illustrate the use of time-phased requirements planning. Phil’s fi rst step was to prepare a master schedule for one of the engine types produced by Brunswick: the Model 1000 engine. This schedule indicates the number of units of the Model 1000 engine to be assembled each week during the last 12 weeks and is shown below. Next, Phil decided to simplify his requirements planning example by considering only two of the many components that are needed to complete the assembly of the Model 1000 engine.

These two components, the gear box and the input shaft, are shown in the product structure diagram below. Phil noted that the gear box is assembled by the Subassembly Department and subsequently is sent to the main engine assembly line. The input shaft is one of several component parts manufactured by Brunswick that are needed to produce a gear box subassembly. Thus, levels 0, 1, and 2 are included in the product structure diagram to indicate the three manufacturing stages that are involved in producing an engine: the Engine Assembly Department, the Subassembly Department, and the Machine Shop. The manufacturing lead times required to produce the gear box and input shaft components are also indicated in the prod-uct structure diagram.

Note that two weeks are required to pro-duce a batch of gear boxes and that all the gear boxes must be delivered to the assembly line parts stockroom before Monday morning of the week in which they are to be used. Likewise, it takes three weeks to produce a lot of input shafts, and all the shafts that are needed for the production of gear boxes in a given week must be delivered to the Sub assembly Department stockroom before Monday morning of that week. In preparing the MRP example Phil planned to use the worksheets shown on the next page and to make the fol-lowing assumptions:1. Seventeen gear boxes are on hand at the beginning of Week 1, and fi ve gear boxes are currently on order tobe delivered at the start of Week 2.2.

Forty input shafts are on hand at the start of Week 1, and 22 are scheduled for delivery at the beginning of Week 2. Questions 1. 1 Initially, assume that Phil wants to minimize his in-ventory requirements. Assume that each order will be only for what is required for a single period. Using the following forms, calculate the net requirements and planned order releases for the gear boxes and input shafts.

Assume that lot sizing is done using lot-for-lot (L4L). 2. Phil would like to consider the costs that his accoun-tants are currently using for inventory carrying and setup for the gear boxes and input shafts. These costs are as follows: Given the cost structure, evaluate the cost of the schedule from question 1. Assume inventory is val-ued at the end of each week.

3. Find a better schedule by reducing the number of orders and carrying some inventory. What are the savings with this new schedule?