1
GATE ME 2015 Set 2
Numerical
+1
-0
Annual demand of a product is $$50,000$$ units and the ordering cost is Rs. $$7,000$$ per order. Considering the basic economic order quantity model, the economic order quantity is $$10,000$$ units. When the annual inventory cost is minimized, the annual inventory holding cost (in Rs.) is ___________
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2
GATE ME 2015 Set 2
Numerical
+2
-0
A project consists of $$7$$ activities. The network along with the time durations (in days) for various activities is shown in the figure. GATE ME 2015 Set 2 Industrial Engineering - Pert and Cpm Question 10 English

The minimum time (in days) for completion of the project is _____________

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3
GATE ME 2015 Set 2
MCQ (Single Correct Answer)
+1
-0.3
Sales data of a product is given in the following table: GATE ME 2015 Set 2 Industrial Engineering - Forecasting Question 11 English

Regarding forecast for the month of June, which one of the following statements is TRUE?

A
Moving average will forecast a higher value compared to regression.
B
Higher the value of order $$N,$$ the greater will be the forecast value by moving average.
C
Exponential smoothing will forecast a higher value compared to regression.
D
Regression will forecast a higher value compared to moving average.
4
GATE ME 2015 Set 2
Numerical
+2
-0
A manufacturer has the following data regarding a product:
Fixed cost per month $$=$$ Rs. $$50,000$$
Variable cost per unit $$=$$ Rs. $$200$$
Selling price per unit $$=$$ Rs. $$300$$
Production capacity $$=$$ $$1500$$ units per month

If the production is carried out at $$80\% $$ of the rated capacity, then the monthly profit (in Rs.) is ______________

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