Marks 1
1
An electrical appliances showroom sells $$2,400$$ ceiling fans in one year ($$52$$ weeks). The holding cost is $$10\% $$ of the cost of the ceiling fan. The most of one ceiling fan is Rs. $$600$$. The cost incurred for placing an order is Rs. $$201.$$ There is a lead time of $$5$$ weeks. The economic order quantity $$(EOQ)$$ and the reorder level, respectively (rounded to the next higher integer) are
GATE PI 2017
2
The throughput rate of a production system is $$20$$ units per hour. The average flow time is $$30$$ minutes and the cycle time is $$3$$ minutes. The average inventory (in units) in the system is
GATE PI 2016