Given the forecast and booked orders shown in the table, and a beginning inventory of 20, what is the available to promise inventory for the first period? There are no LOT quantity constraints
Period 1 2 3 4
Forecasted Demand 200 220 240 200
Booked Orders 190 80 30 10
Projected ending inventory
Master production schedule
Available to Promise
A) 0
B) 10
C) 20
D) 40
Answer: B
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A purchase of foreign goods from the U.S. (requiring importing) will be recorded in the BOP as
A. a debit in the current account. B. a liability in the foreign transfer account. C. an asset in the current account. D. no record, because the purchase is made in the U.S.
Materials used by Square Yard Products Inc in producing Division 3's product are currently purchased from outside suppliers at a cost of $5 per unit. However, the same materials are available from Division 6. Division 6 has unused capacity and can produce the materials needed by Division 3 at a variable cost of $3 per unit. A transfer price of $3.20 per unit is established, and 40,000 units of
material are transferred, with no reduction in Division 6's current sales. How much would Division 6's income from operations increase? A) $8,000 B) $15,000 C) $80,000 D) $150,000
Manufacturing cycle efficiency is a measure of
a. effectiveness. b. bottlenecks. c. quality. d. efficiency.
The ages of students at a university are normally distributed with a mean of 21. What percentage of the student body is at least 21 years old?
A. It could be any value, depending on the magnitude of the standard deviation B. 50% C. 21% D. 1.96%