A project with the following data is to be implemented:

(a) What is the minimum duration of the project?
(b) Draw a Gantt chart for the early schedule
(c) Determine the peak requirement of money and the day on which it occurs in above schedule.

On the average $$100$$ customers arrive at a place each hour, and on the average the server can process $$120$$ customers per hour. What is the proportion of time the server is idle?

If the demand for an item is doubled and the ordering cost halved, the economic order quantity

Consider the following data for a product:
Demand $$=1000$$ units/year
Order cost $$=$$ Rs.$$40$$/order
Holding cost $$ = 10\% $$ of the unit cost / unit-year
Unit cost $$=$$ Rs.$$500$$

(a) What is the economic order quantity?
(b) Under the $$EOQ$$ what is the number of annual orders?
(c) With a policy of ordering every month what would be the total annual cost as a percentage of the cost at $$EOQ$$?