# GATE2015-2-24

Annual demand of a product is $50000$ units and the ordering cost is $Rs$. $7000$ per order. Considering the basic economic order quantity model, the economic order quantity is $10000$ units. When the annual inventory cost is minimized, the annual inventory holding cost (in $Rs$.) is _______

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## Related questions

A manufacturer has the following data regarding a product: Fixed cost per month = $Rs$. $50000$ 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 ____________
A single point cutting tool with $0^\circ$ rake angle is used in an orthogonal machining process. At a cutting speed of $180$ $m/min$, the thrust force is $490$ $N$. If the coefficient of friction between the tool and the chip is $0.7$, then the power consumption (in $kW$) for the machining operation is ________
The flow stress (in $MPa$) of a material is given by $\sigma =500\varepsilon ^{0.1}$, where $ε$ is true strain. The Young’s modulus of elasticity of the material is $200$ $GPa$. A block of thickness $100$ $mm$ made of this material is compressed to $95$ $mm$ thickness and then the load is removed. The final dimension of the block (in $mm$) is _________