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Assignment 3: Power 8 TeamI. F

Demand

F order     70  50  Y= 0.1288X + 1.575  order    10.59 orders ( standard error = 2.61 orders)  70,     140,      210    0  268   

Revenue in each contract by lead time

-2505007501,0001,2501,5001,750JobLeadtime0.167 0.375 0.583 0.792 1.000 1.208C1C2C3

0.286



0.667



II. FCapacity  

Station

  (Completed job)    (Utilization of machine)     6  Capacity    Station   Stuffer :Tester :Tuner = 3.19 : 6.00 : 8.14 50    23    Lead time  3   Capacity    Stuffing  Utilization 100%   11       10.59 orders/ Contract 2 (Leadtime 0.5 )    6 : 3 : 3 ( 18 orders/)     5 : 3 : 2 ( 15.96 orders/)     Raw Material      50  99 orders  10-15 

III.

Reorder Quantity

 Optimal number of pieces per order (EOQ)   = 10.59 x 60 = 636 kits Q* =10/365)*(0.1/1000)*636*(2

= 359 orders /              /  $1,000  ( $1,500  Contract 2)      Raw Material          Contract 2         Q*       

IV. Reorder Point

   Raw material    Stockout policy   99.95%(Z=3.28)

tmeLeadZ days)intimeLeadxdemanddaily(Average ROP

orders60)4*2.61*(3.284)*(10.59

=+=

  ROP   orders   



Contract

DS/Q = QH/2 Q

= 2DS/H

Demand (orders)Days70 140 210 26810.59

 monitor , Utilization,  Order  Lead time     Contract   Contract  job lead time    Contract     

•

  Lead time  0.667    Contract 2  Contract 1

•

  Lead time  0.286    Contract 3  Contract 2 Lead time     Contract 

VI.

Lot size

   lot size    contract 2     lot   Lot size        Leadtime    ,  Lot    Lot size      order   capacity    station 3        F station 3 set up time    Lot       order       capacity  station 3  line      Lot  Lot 3  Lot 5  balance   Lot 2     Tuner   Lot 2 

F 50-70

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  50     5:3:2  WIP   99 orders    F  15   :  / (-expected demand) = 99 /(15.96-9) = 14   Lot1F, ROQ  120 batches ( EOQ  )       ROP  orders     = 60 orders  53

F 70-140

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 73  ROP=70 ROQ = 255 batches   orders    F ROP     ROQ   2/3      

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 73-75  Lot 2  F Lot size  74  3      order   capacity   station 3          Tuner set up time    Lot   capacity     77   size   Lot 1  Contract 1  F

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 85      6:3:3 order     13.6    Raw material       Stuffer  Tuner   1  

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 85  Lot 2   Tuner   3   Lot size  2           

 Leadtime  Contract 2   size  Lot 1   F  demand    Contract 2     Lot 1  Contract 1 

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 107      7:4:3 F  2  1500/order  Contract 2  generate     F  2   A. Lot 1    (station1,2)  B.

Lot 2    Tuner      Stuffer  Tester        140     demand  

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 110      7:4:4      A  Leadtime  0.5    Tunner   4      Contract 2  1500/order   150   demand    140       $140,000          Contract 2   Balance 

F 140-210

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 139 ROP = 95 orders  ROP     demand    F

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 185 ROQ = 452 batches      F       Raw Material    185  Avg. orders 16.83 Q* =452 orders

F  211

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 214    Raw Material   lot    EOQ  ROP   order     Raw Material    Sunk cost  kits  

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   Raw Material    kits       ROP       215  53  268, FAvg. order  215   17 orders/  ROP 89 = [0.5 x 17 orders x 53 days]  89 = 451 -89 = 362 orders  F   Raw material lot   215  F   ROQ   362 batches    kit lot  214    452 batches  FRaw Material      268

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    Contract 1  Contract 2     Leadtime  Contract     Contract 2        orders  demand 

