1
GATE ME 2009
MCQ (Single Correct Answer)
+2
-0.6
A company uses $$2555$$ units of an item annually. Delivery lead time is $$8$$ days. The recorder point (in number of units) to achieve optimum inventory is
A
$$7$$
B
$$8$$
C
$$56$$
D
$$60$$
2
GATE ME 2007
MCQ (Single Correct Answer)
+2
-0.6
The maximum level of inventory of item is $$100$$ and it is achieved with infinite replenishment rate. The inventory becomes zero over one and half month due to consumption at a uniform rate. This cycle continuous throughout the year. Ordering cost is Rs.$$100$$ per order and inventory carrying cost is Rs. $$10$$ per item per month. Annual cost (in Rs. ) of the plan, neglecting material cost, is
A
$$800$$
B
$$2800$$
C
$$4800$$
D
$$6800$$
3
GATE ME 2007
MCQ (Single Correct Answer)
+2
-0.6
In a machine shop, pins of $$15mm$$ diameter are produced at a rate of $$1000$$ per month and the same is consumed at a rate of $$500$$ per month. The production and consumption continue simultaneously till the maximum inventory is reached. Then inventory is allowed to reduced to zero due to consumption. The lot size of production is $$1000.$$ If backlog is not allowed, the maximum inventory levels is
A
$$400$$
B
$$500$$
C
$$600$$
D
$$700$$
4
GATE ME 2006
MCQ (Single Correct Answer)
+2
-0.6
Consider the following data for an item.
Annual demand: $$2500$$ units per year Ordering cost: Rs.100 per order Inventory holding rate: $$25\% $$ of unit price. The optimum order quantity (in units) is:

Price quoted by a supplier

GATE ME 2006 Industrial Engineering - Inventory Control Question 15 English

The optimum order quantity (in units) is

A
$$447$$
B
$$471$$
C
$$500$$
D
$$ \ge 600$$
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Turbo Machinery
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Graduate Aptitude Test in Engineering
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