1
GATE ME 2005
MCQ (Single Correct Answer)
+2
-0.6
The distribution of lead-time demand fro an item is as follows: GATE ME 2005 Industrial Engineering - Inventory Control Question 16 English

The reorder level is $$1.25$$ times the expected value of the lead-time demand. The service level is

A
$$25\% $$
B
$$50\% $$
C
$$75\% $$
D
$$100\% $$
2
GATE ME 2005
MCQ (Single Correct Answer)
+2
-0.6
A project has six activities $$(A$$ to $$F)$$ with respective activity durations $$7,5,6,6,8,4$$ days. The network has three paths $$A-B,C-D$$ and $$E-F.$$ All the activities can be crashed with the same crash cost per day. The number of activities that need to be crashed to reduce the project duration by $$1$$ day is
A
$$1$$
B
$$2$$
C
$$3$$
D
$$6$$
3
GATE ME 2005
MCQ (Single Correct Answer)
+2
-0.6
The sales of a product during the last four years were $$860, 880, 870$$ and $$890$$ units. The forecast for the fourth year was $$876$$ units. If the forecast for the fifth year, using simple exponential smoothing, is equal to the forecast using a three period moving average, the value of the exponential smoothing constant $$\alpha $$ is
A
$${1 \over 7}$$
B
$${1 \over 5}$$
C
$${2 \over 7}$$
D
$${2 \over 5}$$
4
GATE ME 2005
MCQ (Single Correct Answer)
+1
-0.3
Consider a single server queuing model with Poisson arrivals $$\left( {\lambda = 4/hour} \right)$$ and exponential service $$\left( {\mu = 4/hour} \right)$$. The number in the system is restricted to a maximum of $$10.$$ The probability that a person who comes in leaves without joining the queue is
A
$${1 \over {11}}$$
B
$${1 \over {10}}$$
C
$${1 \over {9}}$$
D
$${1 \over {2}}$$
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