Given the following information, complete the MRP records below and explain how the numbers are...

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Accounting

Given the following information, complete the MRP records below and explain how the numbers are generated. Note from the bill of materials, the planning factor for Part 2 is 2. Also note the lot sizes and lead times. There are no scheduled receipts and no safety stock is required. NB Derive Gross Requirements for Part 2 From Part 1.PART 1
(Lot size=lot-for-lnt)
WEEK
(Lead time =2 wepks)
Gross Requirements
Sched. Receipts
On-Hand Inventory
Bill of Materials
PI. Order Releases
PART 2
(Lot size=lot-for-lnt)
WEEK
(Lead time 1 wepk)
Gross Requirements
Sched. Receipts
On-Hand Inventory
PI. Order Releases
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