A Company That Makes Inkjet Printers Is Trying to Determine

question 73

Essay

A company that makes inkjet printers is trying to determine a MRP schedule for the print cartridges it needs in its newest model of printer.They have gross requirements of 1000 units in week 2 and 900 units in week 4.The minimum lot size is 500 units and the lead time is 1 week.They currently have 300 units on hand that includes a safety stock of 150 and another 100 units already allocated.They have 500 units scheduled for receipt in week 1.
a.What is the number of units available in week 1?
b.What is the planned order release in week 3?

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Definitions:

NAV (Net Asset Value)

The per-share value of a mutual fund or ETF, calculated by dividing the total value of all the securities in its portfolio, minus liabilities, by the number of shares outstanding.

Significant Premium

A significant premium refers to a large additional amount paid over the usual cost or value, often used in the context of acquisitions where the buyout price is well above the market price of a company's shares.

SEC Regulations

Rules and guidelines established by the Securities and Exchange Commission (SEC) to protect investors, maintain fair, orderly, and efficient markets, and facilitate capital formation.

Private Investors

Individuals or entities that invest their own capital in various financial instruments or businesses, aiming for personal profit.