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Business analysis assignment
The following time-phasing chart is available for a single item within a MRP system. Complete this chart by estimating inventory on hand and planned order release values. Lead time is 2 weeks and order policy is 100 units, which means this part can be ordered only in 100-unit batches. Inventory replenishment is JIT, lead times are negligible.
Week Number
1
2.
3
4
5
6
7
8
9
10
Gross Requirements
80
95
110
50
Scheduled Receipt
100
Inventory on Hand
Planned Order
Release
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