Use This Material Requirements Planning Record to Explain How Kanbans

question 48

Essay

Use this material requirements planning record to explain how kanbans and MRP can be used together. This plant operates on a 40-hour week, and uses a 10% safety factor on a container size of 20 units with a half-day turnaround time on a container. What features of each system should be used and for what purposes?
$$\begin{array} { | c | c | c | c | } \hline { \text { Week } } & 1 & 2 & 3 \\\hline \text { Gross Requirement } & 900 & 1000 & 1100 \\\hline \text { Scheduled Receipts } & 0 & 0 & 0 \\\hline \text { Projected Ending Inventory } & 0 & 0 & 0 \\\hline \text { Net Requirements } & 900 & 1000 & 1100 \\\hline \text { Planned Receipts } & 900 & 1000 & 1100 \\\hline \text { Planned Orders } & 900 & 1000 & 1100 \\\hline\end{array}$$

Identify appropriate storage solutions for financial and personal documents.

Understand the different types of assets and how they contribute to overall financial wealth.

Distinguish between various budget types and their purposes.

Identify and categorize personal and employment records.

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Definitions:

Unit Sales

A measurement of the total quantity of units of a product sold by a company.

Contribution Margin

The sum left over from sales income once all variable costs are subtracted.

Fixed Expenses

Costs that do not change with the level of production or sales over a certain time period, such as rent, insurance, and salaries.

Break Even

A situation where the overall expenses match the overall income, causing zero net profit or loss.