Complete the Following Table

question 3

Essay

Complete the following table. Lead time for the part is two weeks and the order quantity is
40. What action should be taken? $\begin{array}{llcc} \text { Week} &1&2&3&4\\ \text { Gross Requirements} &20&15&10&20\\ \text { Projected Available 40 } &\\ \text { Net Requirements } &\\ \text {Planned Order Receipt } &\\ \text { Planned Order Release } &\\\end{array}$

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Definitions:

Promissory Estoppel

A legal principle that prevents a party from withdrawing a promise made to another party if the latter has reasonably relied on that promise to their detriment.

Statute of Frauds

A legal concept that requires certain types of contracts to be in writing and signed by the parties involved in order to be enforceable.

Lifetime Employment

Lifetime employment is a concept where an employee works for a single employer for the majority of their career, often found in some cultures.

Statute of Frauds

A legal principle requiring certain types of contracts to be written and signed to be enforceable, such as contracts for the sale of real estate or agreements not to be performed within a year.