Given the Forecast and Booked Orders Shown in the Table

question 94

Multiple Choice

Given the forecast and booked orders shown in the table, and a beginning inventory of 0, what is the available to promise inventory for period 3? There are no LOT quantity constraints. $$\begin{array} { | l | c | c | c | c | } \hline \text { Period } & 1 & 2 & 3 & 4 \\\hline \text { Forecasted Demand } & 100 & 100 & 90 & 90 \\\hline \text { Booked Orders } & 103 & 87 & 54 & 21 \\\hline \text { Projected ending inventory } & & & & \\\hline \text { Master production schedule } & & & & \\\hline \text { Available to Promise } & & & & \\\hline\end{array}$$

• A)0
• B)12
• C)24
• D)36

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Definitions:

Exemplars

Instances or examples that are typical of a category or group, used in cognitive psychology to understand how people categorize information.

Language Development

The process by which children come to understand and communicate language during early childhood.

Anchoring Heuristic

A cognitive bias that describes the common human tendency to rely too heavily on the first piece of information offered (the "anchor") when making decisions.

Adjustment Heuristic

A mental shortcut that involves basing decisions on an initial estimate and making adjustments to that figure to reach a final decision or judgment.