1
GATE ME 1999
MCQ (Single Correct Answer)
+2
-0.6
In computing Wilson’s economic lot size for an item, by mistake the demand rate estimate used was $$40\% $$ higher than the tree demand rate. Due to this error in the lot size computation, the total cost of setups plus inventory holding per unit time, would rise above the true optimum by approximately
2
GATE ME 1991
MCQ (Single Correct Answer)
+2
-0.6
When the annual demand of a product is $$24000$$ units, the $$EOQ$$ (Economic Order Quantity) is $$2000$$ units. If the annual demand is $$48000$$ units the most appropriate $$EOQ$$ will be
3
GATE ME 1989
MCQ (Single Correct Answer)
+2
-0.6
In an ideal inventory control system, the economic lot size for a part is $$1000.$$ If the annual demand for the part is doubled, the new economic lot size required will be:
Questions Asked from Inventory Control (Marks 2)
Number in Brackets after Paper Indicates No. of Questions
GATE ME Subjects
Engineering Mechanics
Strength of Materials
Theory of Machines
Engineering Mathematics
Machine Design
Fluid Mechanics
Turbo Machinery
Heat Transfer
Thermodynamics
Production Engineering
Industrial Engineering
General Aptitude