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GATE2019 ME-2: 55
The annual demand of valves per year in a company is $10,000$ units. The current order quantity is $400$ valves per order. The holding cost is Rs. $24$ per valve per year and the ordering cost is Rs. $400$ per order. If the current order ... Economic Order Quantity, then the saving in the total cost of inventory per year will be Rs. __________ (round off to two decimal places).
The annual demand of valves per year in a company is $10,000$ units. The current order quantity is $400$ valves per order. The holding cost is Rs. $24$ per valve per year...
Arjun
28.5k
points
Arjun
asked
Feb 9, 2019
Inventory Control
gateme-2019-set2
numerical-answers
+
–
0
answers
0
votes
GATE2018-1-52
Processing times (including setup times) and due dates for six jobs waiting to be processed at a work centre are given in the table. The average tardiness (in days) using shortest processing time rule is __________ (correct to two decimal places). ...
Processing times (including setup times) and due dates for six jobs waiting to be processed at a work centre are given in the table. The average tardiness (in days) using...
Arjun
28.5k
points
Arjun
asked
Feb 17, 2018
Inventory Control
gateme-2018-set1
numerical-answers
+
–
0
answers
0
votes
GATE2018-2-18
A local tyre distributor expects to sell approximately $9600$ steel belted radial tyres next year. Annual carrying cost is Rs. $16$ per tyre and ordering cost is Rs. $75$. The economic order quantity of the tyres is $64$ $212$ $300$ $1200$
A local tyre distributor expects to sell approximately $9600$ steel belted radial tyres next year. Annual carrying cost is Rs. $16$ per tyre and ordering cost is Rs. $75$...
Arjun
28.5k
points
Arjun
asked
Feb 17, 2018
Inventory Control
gateme-2018-set2
+
–
0
answers
0
votes
GATE2020-ME-2: 47
For a single item inventory system, the demand is continuous, which is $10000$ per year. The replenishment is instantaneous and backorders ($S$ units) per cycle are allowed as shown in the figure. As soon as the quantity ($Q$ units) ordered ... . Based on the total cost minimization criteria, the maximum inventory reached in the system is ________ (round off to nearest integer).
For a single item inventory system, the demand is continuous, which is $10000$ per year. The replenishment is instantaneous and backorders ($S$ units) per cycle are allow...
go_editor
5.0k
points
go_editor
asked
Sep 18, 2020
Inventory Control
gateme-2020-set2
numerical-answers
inventory-control
materials-manufacturing-and-industrial-engineering
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