Intended learning outcomes: Calculate projected available inventory by completing a grid.
This exercise refers to Subsection 12.1.2.
Complete the grid in Figure 12.8.1.1.
Fig. 12.8.1.1 Projected available inventory calculation
a. What is the available inventory without any restrictions along the time axis?
b. What is the additional available inventory after order 102 9538?
c. Which receipt could be deferred?
d. Furthermore, the following orders are planned:
- Customer order ID 104 2158 of 500 units on January 20
- Stock replenishment order ID 104 3231 of 500 units on January 22
Does this situation lead to a problem? If so, how can it be solved?
Solutions:
a. 50
b. 300 (= 350 – 50)
c. Stock replenishment order ID 101 2897 could be deferred to Jan. 14.
d. Yes, there will not be enough available inventory on Jan. 20. Expediting order ID 104 3231 by at least two days could solve this problem.
Course section 12.8: Subsections and their intended learning outcomes
12.8.1 Exercise: Projected Available Inventory Calculation
Intended learning outcomes: Calculate projected available inventory by completing a grid.
12.8.2 Exercise on the MRP Technique: Determining Net Requirements and Planned Release
Intended learning outcomes: Determine net requirements and planned release using the MRP technique, whereupon the physical inventory and gross requirements are given.
12.8.3 Scenario: Order Point Technique versus MRP Technique
Intended learning outcomes: Explain how discontinuity or lumpiness of the demand influences the sum of carrying costs and setup and ordering costs, comparing the MRP technique with the order point technique.
12.8 Scenarios and Exercises
Intended learning outcomes: Calculate projected available inventory. Determine net requirements and planned release using the MRP technique. Differentiate between order point technique and MRP technique.