Case
Tutorial 8 - Exercises (Chapter 7 - Production Planning)
- Course
- Institution
- Book
Operations Management, Supply Chain Management
[Show more]
Connected book
Book Title:
Author(s):
- Edition:
- ISBN:
- Edition:
More summaries for
-
Get a Competitive Edge with the [Supply Chain Management Strategy, Planning, and Operation,Chopra,6e] 2023 Test Bank
-
Global Supply Chain Management (GSCM) Book Summary - IBA VU
-
E-commerce SCM summary lectures
Seller
Follow
bonouhw
Content preview
Operations Management8. Tutorial: Production Planning – Exercises
Exercise 1: ABC Analysis
The RoboTec Inc. aims at reducing capital commitment costs in their warehouses. Therefore,
they need to check if procurement and storage of certain materials can be improved. The ABC
analysis shall be used to gain helpful information.
Material Required Unit Price
Material-ID
[piece/year] [euro]
MB 01 592 3.08
MB 02 425 11.27
MB 03 1723 13.43
MB 04 1053 3.14
MB 05 1887 1.92
MB 06 815 2.73
MB 07 1178 12.89
MB 08 472 45.79
MB 09 1630 6.38
MB 10 1761 6.00
a) Conduct an ABC analysis based on the given data. Please use the following class limits to
calculate the cumulated usage values: 0% ≤ A < 75%, 75% ≤ B < 90%, 90% ≤ C ≤ 100%.
Annual
Material Required Unit Price
Material-ID Consumption Rank
[piece/year] [€]
[€]
MB 01 592 3.08
MB 02 425 11.27
MB 03 1723 13.43
MB 04 1053 3.14
MB 05 1887 1.92
MB 06 815 2.73 2224.95 9
MB 07 1178 12.89 15184.42 3
MB 08 472 45.79 21612.88 2
MB 09 1630 6.38 10399.40 5
MB 10 1761 6 10566.00 4
, 2
Material Annual Usage Cumulative Class
ID Consumption Value Usage Value
[€] [%] [%]
MB 02 4789.75 4.95% 88.65%
MB 05 3623.04 3.75% 92.40%
MB 04 3306.42 3.42% 95.82%
MB 06 2224.95 2.30% 98.12%
MB 01 1823.36 1.89% 100.01%
Total
Material Material Required % of Total Cumulative % of
ID [pieces] Number of Items Total Number of Items
[%] [%]
MB 03 1723
MB 08 472
MB 07 1178
MB 10 1761
MB 09 1630
MB 02 425 3.68% 62.32%
MB 05 1887 16.36% 78.68%
MB 04 1053 9.13% 87.80%
MB 06 815 7.06% 94.87%
MB 01 592 5.13% 100.00%
Total
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller bonouhw. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $6.49. You're not tied to anything after your purchase.
Can Stuvia be trusted?
4.6 stars on Google & Trustpilot (+1000 reviews)
52510 documents were sold in the last 30 days
Founded in 2010, the go-to place to buy study notes for 14 years now