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ESE ME 2018 Achiever Study Plan: Industrial Engineering Quiz 1
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Question 1
The weekly sale for an item is A units. The ordering cost per order is B rupees. The carrying cost per unit per month is C rupees. The EOQ (with a year of 52 weeks as the basis) will nearly be
Question 2
An 8-hour measurement study in a plant reveals that 320 number of units were produced. If idle time = 15% and performance rating = 120%, with allowance = 12% of normal time, the standard time per unit produced will be
Question 3
A stockist has to supply 400 units of a product every Monday to his customers. He gets the product at Rs. 50 per unit from the manufacturer. The cost of ordering and transportation from the manufacturer to the stockist’s premises is Rs. 75 per order. The cost of carrying inventory is 7.5% per year of the cost of the product. What are the economic lot size and the total optimal cost (including capital cost) for the stockist?
Question 4
If critical path of a project is 20 months with a standard deviation 4 months, what is the probability that the project will be completed in 24 months?
(P(0)= 0.5, P(-0.50)= 0.31, P(1)= 0.84)
Question 5
Consider the following statement in respect of PERT and CPM:
1). PERT is event-oriented while CPM is activity-oriented.
2). PERT is probabilistic while CPM is deterministic
3). Levelling and smoothing are the techniques related to resource scheduling in CPM
Which of these statements are correct?
1). PERT is event-oriented while CPM is activity-oriented.
2). PERT is probabilistic while CPM is deterministic
3). Levelling and smoothing are the techniques related to resource scheduling in CPM
Which of these statements are correct?
Question 6
Assertion (A):The change in critical path requires rescheduling in a PERT network.
Reason (R): Some of the activities cannot be completed in time due to unexpected breakdown of equipment or non-availability of raw materials.
Reason (R): Some of the activities cannot be completed in time due to unexpected breakdown of equipment or non-availability of raw materials.
Question 7
The annual demand of a commodity in a supermarket is 80000. The cost of placing an order is Rs. 4,000 and the inventory cost of each item is Rs. 40. What is the economic order quantity?
Question 8
In a quantity discount model of inventory control, the relevant costs are
Question 9
The critical path of a network is the path that
Question 10
What is the additional time available for the performance of an activity in PERT and CPM calculated on the basis that all activities will start at their earliest start time, called?
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Jul 24ESE & GATE ME
