1
GATE ME 2006
MCQ (Single Correct Answer)
+2
-0.6
Consider the following data for an item.
Annual demand: $$2500$$ units per year Ordering cost: Rs.100 per order Inventory holding rate: $$25\% $$ of unit price. The optimum order quantity (in units) is:

Price quoted by a supplier

GATE ME 2006 Industrial Engineering - Inventory Control Question 15 English

The optimum order quantity (in units) is

A
$$447$$
B
$$471$$
C
$$500$$
D
$$ \ge 600$$
2
GATE ME 2006
MCQ (Single Correct Answer)
+2
-0.6
A stockist wishes to optimize the number of perishable items he needs to stock in any month in his store. The demand distribution for this perishable item is: GATE ME 2006 Industrial Engineering - Inventory Control Question 14 English The stockist pays Rs.$$70$$ for each item and he sells each at Rs.$$90.$$ if the stock is left unsold in any month, he can sell the item at Rs.$$50$$ each. There is no penalty for unfulfilled demand. To maximize the expected profit, the optimal stock level is:

A
$$5$$ units
B
$$4$$ units
C
$$3$$ units
D
$$2$$ units
3
GATE ME 2006
MCQ (Single Correct Answer)
+2
-0.6
Consider a $$PERT$$ network for a project involving six tasks ($$a$$ to $$f$$) GATE ME 2006 Industrial Engineering - Pert and Cpm Question 20 English

The expected completion time of the project is

A
$$238$$ days
B
$$224$$ days
C
$$171$$ days
D
$$155$$ days
4
GATE ME 2006
MCQ (Single Correct Answer)
+2
-0.6
Consider a $$PERT$$ network for a project involving six tasks ($$a$$ to $$f$$) GATE ME 2006 Industrial Engineering - Pert and Cpm Question 19 English

The standard deviation of the critical path of the project is

A
$$\sqrt {151} $$ days
B
$$\sqrt {155} $$ days
C
$$\sqrt {200} $$ days
D
$$\sqrt {238} $$ days
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