1
GATE ME 1995
Subjective
+5
-0
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 $$EOQ$$?

2
GATE ME 1995
MCQ (Single Correct Answer)
+1
-0.3
In $$PERT,$$ the distribution of activity times is assumed to be
A
Normal
B
Gamma
C
Beta
D
Exponential
3
GATE ME 1995
Subjective
+5
-0
A project with the following data is to be implemented: GATE ME 1995 Industrial Engineering - Pert and Cpm Question 7 English

(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.

4
GATE ME 1995
Subjective
+2
-0
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?
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