Projected Available Inventory Calculation Complete the grid...

Projected Available Inventory Calculation Complete the grid in Figure 11,8.1.1. $$ \begin{array}{|l|r|r|r|l|l|} \hline \text { Date } & \text { Entry } & \text { Issue } & \text { Balance } & \text { Text } & \text { Order ID } \\ \hline \text { 01 Jan } & & & 1000 & \text { stock on hand } & \\ \hline \text { 05 Jan } & 100 & & ? & \text { replenishment } & 1012897 \\ \hline \text { 14 Jan } & & 1050 & ? & \text { customer Smith } & 1028972 \\ \hline \text { 15 Jan } & ? & ? & 500 & ? & 1029538 \\ \hline \text { 16 Jan } & & 150 & ? & \text { customer Adams } & 1032687 \\ \hline \end{array} $$ a. What is the available inventory without any restrictions along the time axis? b. What is the additional available inventory after order 1029538 ? c. Which receipt could be deferred? d. Furthermore, the following orders are planned: - Customer order ID 1042158 of 500 units on January 20 - Stock replenishment order ID 1043231 of 500 units on January 22 Does this situation lead to a problem? If so, how can it be solved?

Projected Available Inventory Calculation Complete the grid in Figure 11,8.1.1.
$$
\begin{array}{|l|r|r|r|l|l|}
\hline \text { Date } & \text { Entry } & \text { Issue } & \text { Balance } & \text { Text } & \text { Order ID } \\
\hline \text { 01 Jan } & & & 1000 & \text { stock on hand } & \\
\hline \text { 05 Jan } & 100 & & ? & \text { replenishment } & 1012897 \\
\hline \text { 14 Jan } & & 1050 & ? & \text { customer Smith } & 1028972 \\
\hline \text { 15 Jan } & ? & ? & 500 & ? & 1029538 \\
\hline \text { 16 Jan } & & 150 & ? & \text { customer Adams } & 1032687 \\
\hline
\end{array}
$$
a. What is the available inventory without any restrictions along the time axis?
b. What is the additional available inventory after order 1029538 ?
c. Which receipt could be deferred?
d. Furthermore, the following orders are planned:
- Customer order ID 1042158 of 500 units on January 20
- Stock replenishment order ID 1043231 of 500 units on January 22 Does this situation lead to a problem? If so, how can it be solved?

Key Concepts

Inventory Timing and Order Deferral

This concept involves managing the timing of both planned receipts and issues. Adjusting or deferring orders or receipts, when necessary, helps to balance supply with demand, ensuring smooth operations even when there are timing conflicts in the inventory schedule.

Customer Orders and Issues

Customer orders decrease inventory as they represent the outgoing flow of goods. In the context of projected available inventory, accurately scheduling and recording these issues is vital to avoid negative inventory levels and ensure that demand can be met.

Projected Available Inventory

This concept involves calculating the expected inventory level at future dates by considering current stock levels, scheduled receipts (replenishments), and planned issues (customer orders). It provides a timeline view that helps managers plan inventory and avoid stockouts.

Inventory Ledger Management

This concept pertains to maintaining a record of inventory transactions through a ledger where each entry (receipt) and issue (removal) is recorded along a timeline. The ledger approach ensures that every change in inventory is tracked accurately to update stock levels in real time.

Replenishment Orders

Replenishment orders are scheduled receipts intended to add inventory to the current stock. They are crucial in ensuring that an adequate level of inventory is maintained to meet upcoming orders. The timing, quantity, and reliability of these orders directly affect the calculation of available inventory.

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