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 $$EOQ$$?

In $$PERT,$$ the distribution of activity times is assumed to be

The manufacturing area of a plant is divided into four quadrants. Four machines have to located one in each quadrant. The total number of possible layouts is