1
GATE ME 2016 Set 2
Numerical
+2
-0
A food processing company uses $$25,000$$ $$kg$$ of corn flour every year. The quantity-discount price of corn flour is provided in the table below:
The order processing charges are Rs. $$500$$/order. The handling plus carry-over charge on an annual basis is $$20\% $$ of the purchase price of the corn flour per $$kg$$. The optimal order quantity (in $$kg$$) is __________.
Your input ____
2
GATE ME 2016 Set 1
Numerical
+2
-0
The annual demand for an item is $$10,000$$ units. The unit cost is Rs. $$100$$ and inventory carrying charges are $$14.4\% $$ of the unit cost per annum. The cost of one procurement is Rs. $$2000.$$ The time between two consecutive orders to meet the above demand is _______ month(s).
Your input ____
3
GATE ME 2015 Set 3
Numerical
+2
-0
The annual requirement of rivets at a ship manufacturing company is $$2000$$ $$kg.$$ The rivets are supplied in units of 1 kg costing Rs. $$25$$ each. If it costs Rs. $$100$$ to place an order and the annual cost of carrying one unit is $$9\% $$ of its purchase cost, the cycle length of the order (in days) will be _______________
Your input ____
4
GATE ME 2014 Set 2
Numerical
+2
-0
Consider the following data with reference to elementary deterministic economic order quantity model
The total number of economic orders per year to meet the annual demand is _______________.
Your input ____
Questions Asked from Inventory Control (Marks 2)
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GATE ME 2024 (1)
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GATE ME Subjects
Engineering Mechanics
Machine Design
Strength of Materials
Heat Transfer
Production Engineering
Industrial Engineering
Turbo Machinery
Theory of Machines
Engineering Mathematics
Fluid Mechanics
Thermodynamics
General Aptitude