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  5. MGMT617 Assignment 2 Solution and Discussion
MGMT617 Assignment 2 Solution and Discussion
cyberianC
Re: MGMT617 Assignment 2 Solution and Discussion
MGMT617 - Production Planning and Inventory Control
MGMT617 Assignment 1 Solution and Discussion
zareenZ
PRODUCTION PLANNING & INVENTORY CONTROL (MGMT617) ASSIGNMENT # 1 Due Date: November 27, 2019 SCENARIO: Marks: 10 “Fashion Hub” a clothing company has a seasonal demand for a product line which is estimated quarterly. The demand, in SKUs (stock keeping units), for the past three years is given below: [image: A5QMgvB.png] QUESTIONS: Your task is to help the company determine the quarterly forecast if the cumulative forecast for the year 2020 is 650 SKUs. (5) Using the same data, forecast the sales for the year 2020 through 4-period moving average method. (3) In your opinion, which method of forecasting, quarterly forecast or moving average, is better for Fashion Hub? Discuss with reasons. (2) Instructions: • You have to calculate forecasts and present these in tables • Write formulae and show necessary calculations • You may use MS Excel for calculations and copy-paste tables in your solution file (MS Word format) • For question 3, decide better technique and give arguments • Watch video lectures and consult book to complete the assignment Important: 24 hours extra / grace period after the due date are usually available to overcome uploading difficulties. This extra time should only be used to meet the emergencies and above mentioned due dates should always be treated as final to avoid any inconvenience. Deadline: • Make sure to upload the solution file before the due date on VULMS. • Any submission made via email after the due date will not be accepted. Formatting Guidelines: • Use the font style “Times New Roman” or “Arial” and font size “12”. • It is advised to compose your document in MS-Word format. • You may also compose your assignment in Open Office format. • Use black and blue font colors only. Referencing Guidelines: • Use APA style for referencing and citation. For guidance search “APA reference style” in Google and read various websites containing information for better understanding or visit http://linguistics.byu.edu/faculty/henrichsenl/apa/APA01.html Rules for Marking Please note that your assignment will not be graded or graded as Zero (0), if: • Any of the given instructions is not followed • It is copied or plagiarized • It is submitted after the due date. • The file you uploaded does not open or is corrupt.
MGMT617 - Production Planning and Inventory Control
MGMT617 Assignment 2 Solution and Discussion
zareenZ
PRODUCTION PLANNING & INVENTORY CONTROL (MGMT617) ASSIGNMENT # 2 Due date: January 29, 2020 Question: Marks: 10 The distribution Manager of ABC Company is using Error Addback method for his Distribution Requirement Planning (DRP) system for brand C1000 whose weekly demand forecast is 50 units. a. Complete following DRP record for upcoming weeks using given information. Forecast Requirement In transit Projected available Balance Planned Receipt Planned Shipments Q = 70, LT = 1, SS = 15 Week 12345 70 20 b. Modify above DRP record for week 2 onwards as the actual demand occurred was 45, 58 and 54 for week 1, 2 and 3 respectively [complete the records using Error Addback method].  Actual demand for week 1 = 45 Forecast Requirement In transit Projected available Balance Planned Receipt Planned Shipments Q = 70, LT = 1, SS = 15 Week 23456  Actual demand for week 2 = 58 Forecast Requirement In transit Projected available Balance Planned Receipt Planned Shipments Q = 70, LT = 1, SS = 15  Actual demand for week 3 = 54 Forecast Requirement In transit Projected available Balance Planned Receipt Planned Shipments Q = 70, LT = 1, SS = 15 Instructions: Week 34567 Week 45678 • You have to prepare the DRP in given formats • No theoretical definition or explanation is required. • Watch video lectures and consult book/notes to complete the assignment Important: 24 hours extra / grace period after the due date are usually available to overcome uploading difficulties. This extra time should only be used to meet the emergencies and above mentioned due dates should always be treated as final to avoid any inconvenience. Deadline: • Make sure to upload the solution file before the due date on VULMS. • Any submission made via email after the due date will not be accepted. Formatting Guidelines: • Use the font style “Times New Roman” or “Arial” and font size “12”. • It is advised to compose your document in MS-Word format. • You may also compose your assignment in Open Office format. • Use black and blue font colours only. Referencing Guidelines: • Use APA style for referencing and citation. For guidance search “APA reference style” in Google and read various websites containing information for better understanding or visit http://linguistics.byu.edu/faculty/henrichsenl/apa/APA01.html Rules for Marking Please note that your assignment will not be graded or graded as Zero (0), if: • Any of the given instructions is not followed • It is copied or plagiarized • It is submitted after the due date. • The file you uploaded does not open or is corrupt.
MGMT617 - Production Planning and Inventory Control

MGMT617 Assignment 2 Solution and Discussion

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  • zareenZ Offline
    zareenZ Offline
    zareen
    Cyberian's Gold
    wrote on last edited by
    #1

    PRODUCTION PLANNING & INVENTORY CONTROL (MGMT617) ASSIGNMENT # 2
    Due date: January 29, 2020 Question:
    Marks: 10
    The distribution Manager of ABC Company is using Error Addback method for his Distribution Requirement Planning (DRP) system for brand C1000 whose weekly demand forecast is 50 units.
    a. Complete following DRP record for upcoming weeks using given information.
    Forecast Requirement
    In transit
    Projected available Balance Planned Receipt
    Planned Shipments
    Q = 70, LT = 1, SS = 15
    Week 12345
    70 20
    b. Modify above DRP record for week 2 onwards as the actual demand occurred was 45, 58 and 54 for week 1, 2 and 3 respectively [complete the records using Error Addback method].
     Actual demand for week 1 = 45
    Forecast Requirement
    In transit
    Projected available Balance Planned Receipt
    Planned Shipments
    Q = 70, LT = 1, SS = 15
    Week 23456

     Actual demand for week 2 = 58
    Forecast Requirement
    In transit
    Projected available Balance Planned Receipt
    Planned Shipments
    Q = 70, LT = 1, SS = 15
     Actual demand for week 3 = 54
    Forecast Requirement
    In transit
    Projected available Balance Planned Receipt
    Planned Shipments
    Q = 70, LT = 1, SS = 15
    Instructions:
    Week 34567
    Week 45678
    • You have to prepare the DRP in given formats
    • No theoretical definition or explanation is required.
    • Watch video lectures and consult book/notes to complete the assignment
    Important:
    24 hours extra / grace period after the due date are usually available to overcome uploading difficulties. This extra time should only be used to meet the emergencies and above mentioned due dates should always be treated as final to avoid any inconvenience.
    Deadline:
    • Make sure to upload the solution file before the due date on VULMS.
    • Any submission made via email after the due date will not be accepted.
    Formatting Guidelines:
    • Use the font style “Times New Roman” or “Arial” and font size “12”.
    • It is advised to compose your document in MS-Word format.
    • You may also compose your assignment in Open Office format.
    • Use black and blue font colours only.

    Referencing Guidelines:
    • Use APA style for referencing and citation. For guidance search “APA reference style” in Google and read various websites containing information for better understanding or visit
    http://linguistics.byu.edu/faculty/henrichsenl/apa/APA01.html
    Rules for Marking
    Please note that your assignment will not be graded or graded as Zero (0), if:
    • Any of the given instructions is not followed
    • It is copied or plagiarized
    • It is submitted after the due date.
    • The file you uploaded does not open or is corrupt.

    Discussion is right way to get Solution of the every assignment, Quiz and GDB.
    We are always here to discuss and Guideline, Please Don't visit Cyberian only for Solution.
    Cyberian Team always happy to facilitate to provide the idea solution. Please don't hesitate to contact us!
    %(red)[NOTE: Don't copy or replicating idea solutions.]
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    • zareenZ Offline
      zareenZ Offline
      zareen
      Cyberian's Gold
      wrote on last edited by
      #2

      please share idea solution

      Discussion is right way to get Solution of the every assignment, Quiz and GDB.
      We are always here to discuss and Guideline, Please Don't visit Cyberian only for Solution.
      Cyberian Team always happy to facilitate to provide the idea solution. Please don't hesitate to contact us!
      %(red)[NOTE: Don't copy or replicating idea solutions.]
      Quiz Copy Solution
      Mid and Final Past Papers
      Live Chat

      1 Reply Last reply
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